ECONOMY

Telecoms lead market gains

The Athens Stock Exchange composite share price index closed last Friday at 4,177.04 points, a gain of 55.90 points or 1.36 percent on the previous week’s close. Turnover rose to 1.40 billion euros, an average of 279.53 million euros per session, from 255.65 million the previous week. All major indices declined: The FTSE/Athex 20 index of blue chips gained 1.57 percent to close at 2,306.07 points, the FTSE/Athex Mid-40 gained 1.32 percent to close at 4,762.87 points, the FTSE/Athex Small-Cap 80 gained 2.41 percent to close at 836.55 points, the composite FTSE/Athex 140 index gained 1.54 percent to close at 5,122.95 points and the FTSE/Athex International index gained 1.52 percent to close at 6,009.99 points. Thirteen of the 17 sectoral indices gained ground. The exceptions were construction and materials (down 1.77 percent), insurance (1.46 percent), foods and beverages (0.86 percent) and media (0.43 percent). Top gainers were telecommunications (5.21 percent), raw materials (4.22 percent) and health (3.60 percent). Among individual titles, the top gainers were Mochlos (28 percent), Sfakianankis (26.55 percent) and Allatini Ceramics (21.18 percent). Top losers were Vivere (14.10 percent), Emporikos Desmos’s preferred shares (12.90 percent) and Elviemek (11.63 percent). OTE topped the list of the most heavily traded shares, with an average turnover of 34.49 million euros per session. It was trailed by National Bank (32.23 million), Piraeus Bank (18.14 million), Alpha Bank (18.07 million) and EFG Eurobank (16.74 million).