Market slightly off, bucks European trend

Stocks declined yesterday on the Athens Stock Exchange, despite the fact that European bourses ended up higher. The ASE compound share index closed at 3,952.96 points, a drop of 15.70 points or 0.40 percent. The FTSE/Athex 20 index of blue chips declined 0.50 percent to close at 2,161.49 points, while mid-caps and small-caps declined 0.48 percent and 0.29 percent, respectively. The FTSE/Athex International index declined 0.47 percent, closing at 5,599.13 points. Among sectoral indices, the biggest decline was registered by personal and household goods, followed by insurance and construction. Among blue chips, the biggest gainers were refiner Motor Oil (3.76 percent to 20.44 euros) and bottler Coca-Cola HBC (1.20 percent to 27 euros). Hardest hit were cement maker Titan (2.12 percent to 37.80 euros), jewelry and accessories maker and retailer Folli-Follie (1.48 percent to 22.60 euros), betting company OPAP (1.38 percent to 27.16 euros) and Alpha Bank (1.12 percent to 21.10 euros). Turnover reached 322.60 million euros, including 124.30 million in prearranged trades. The most heavily traded firms, by turnover, were OPAP (103.06 million euros), National Bank (54.45 million), OTE (17.24 million) and Alpha Bank (15.35 million).