ECONOMY

Market rises for the third session in a row

Stocks gained yesterday on the Athens Stock Exchange (ASE) for the third session in a row. The ASE compound share index closed at 4,221.62 points, a gain of 11.48 points or 0.27 percent. The FTSE/ASE 20 index of blue chips gained 0.38 percent to close at 2,332.10 points, while mid-caps gained 0.37 percent and small-caps declined 0.04 percent. The FTSE/Athex International gained 0.39 percent, closing at 6,075.39 points. Ten of 17 sectoral indices gained. The top gainers were technology (up 2.57 percent), media (2.22 percent) and health (0.70 percent). The biggest losers were utilities (down 0.92 percent), industrial goods and services (0.81 percent) and raw materials (0.61 percent). Among blue chips, the biggest gainers were technology holding company Intracom (up 3.33 percent to 5.58 euros), EFG Eurobank (1.53 percent to 26.50 euros), Alpha Bank (1.19 percent to 23.74 euros) and ATEbank (1.01 percent to 4.02 euros). Of 309 stocks traded, 130 gained, 123 declined and 56 ended unchanged. Turnover reached 304.25 million euros, including 25.87 million in prearranged trades. The most heavily traded stocks, by number of shares, were Bank of Cyprus (1,776,540), ATEbank (1,496,997) and Vioter (1,233,867).