ECONOMY

Mid-caps outperform as ASE rally continues

Stocks continued their rally on the Athens Stock Exchange (ASE) yesterday, in a session marked by investor interest in medium-capitalization listings. The ASE general index closed at 3,944.01 points, a gain of 25.82 points or 0.66 percent. The FTSE/ASE 20 index of blue chips gained 0.63 percent to close at 2,148.84 points, while mid- and small-caps gained 1.07 percent and 0.77 percent respectively. The FTSE/Athex international index closed at 5,558.46 points, up 0.72 percent. Among blue chips, the biggest gainers were mobile telecommunications service provider Cosmote (up 2.63 percent to 18.70 euros), refiner Motor Oil (2.02 percent to 21.20 euros), Duty Free Shops (1.57 percent to 12.96 euros), telecommunications firm OTE (1.32 percent to 18.44 euros), Piraeus Bank (1.26 percent to 20.86 euros) and EFG Eurobank (1.15 percent to 24.54 euros). By contrast, the biggest losers were ATEbank (down 0.94 percent to 4.22 euros) and cement maker Titan (0.92 percent to 38.90 euros). Of the 303 traded stocks, 141 gained, 103 declined and 59 ended unchanged. Turnover reached 245.73 million euros, including 18.81 million in prearranged trades. The most heavily traded stocks were Bank of Cyprus (1,693,091 shares), National Bank (1,670,661) and construction firm AEGEK (1,001,123).