ECONOMY

Blue chips are hit hardest

The Athens Stock Exchange (ASE) composite share price index closed last Friday at 3,903.96 points, a drop of 14.23 points or 0.36 percent on the previous week’s close. Turnover declined to 1.09 billion euros, an average of 218.75 million euros per session, from 291.59 million the previous week. Most major indices declined slightly: The FTSE/Athex 20 index of blue chips declined 0.66 percent to close at 2,121.24 points, the composite FTSE/Athex 140 index declined 0.37 percent to close at 4,691.51 points and the FTSE/Athex International index declined 0.38 percent to close at 5,497.51 points. By contrast, the FTSE/Athex Mid 40 gained 0.53 percent to close at 4,260.38 points and the FTSE/Athex Small-Cap 80 gained 0.17 percent to close at 793.37 points. Ten of the 17 sectoral indices gained ground. Top gainers were media (up 3.94 percent), personal and household products (2.50 percent) and technology (1.90 percent). Top losers were construction and materials (down 2.47 percent), health (1.69 percent) and industrial goods and services (1.68 percent). Among individual titles, the top gainers were Cyclon Hellas (69.83 percent), Domiki Kritis (35.84 percent) and Elton (31.69 percent). Top losers were MLS Informatics (13.48 percent), Karamolengos (13.02 percent) and Hatzikraniotis (12.84 percent). National Bank topped the list of the most heavily traded shares, with an average turnover of 34.65 million euros per session. It was trailed by refiner Motor Oil (17.50 million), telecoms firm OTE (16.35 million), betting monopoly OPAP (11.49 million) and Alpha Bank (10.45 million).

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