ECONOMY

Little change and scarce business in quiet session

Stocks declined marginally yesterday on the Athens Stock Exchange (ASE), with investors selling mostly medium- and small-capitalization shares. The ASE compound share index closed at 4,117.05 points, a drop of 4.09 points or 0.10 percent. The FTSE/ASE 20 index of blue chips declined 0.04 percent to close at 2,269.42 points, while mid-caps and small-caps declined 0.57 percent and 0.39 percent respectively. The FTSE/Athex International declined 0.13 percent, closing at 5,912.54 points. Twelve of 17 sectoral indices declined: The exceptions were utilities (up 0.61 percent), technology (0.44 percent), chemicals (0.28 percent), commerce (0.13 percent) and banks (0.05 percent). The biggest losses were registered by media (down 1.71 percent), foods and beverages (0.99 percent) and raw materials (0.89 percent). Of 310 traded stocks, 102 gained, 151 declined and 57 ended unchanged. Turnover dropped significantly to 197.4 million euros, including 8.26 million in prearranged trades. The most heavily traded stocks by number of shares were ATEbank (1,209,905 shares), National Bank of Greece (1,027,937) and telecoms firm OTE (817,677). The market’s total capitalization stood at 149.1 billion euros.