ECONOMY

Market rebounds as investors buy blue chips

Stocks rebounded yesterday on the Athens Stock Exchange (ASE) as investors targeted a few blue chips. The ASE compound share index closed at 4,279.14 points, a gain of 21.80 points or 0.51 percent. The FTSE/ASE 20 index of blue chips gained 0.53 percent to close at a year-high of 2,368.51 points, while mid-caps and small-caps gained 0.04 percent and 0.23 percent respectively. The FTSE/Athex International gained 0.44 percent, closing at 6,161.84 points. Ten of 17 sectoral indices gained. The biggest gainers were foods and beverages (2.65 percent), media (1.85 percent) and financial services (0.72 percent). The biggest losers were travel and leisure (0.27 percent), commerce (0.23 percent) and oil and gas (0.21 percent). Among blue chips, the top gainers were bottler Coca-Cola HBC (3.74 percent to 26.60 euros), National Bank (1.11 percent to 36.40 euros) and EFG Eurobank (0.88 percent to 27.44 euros). The top losers were Duty Free Shops (1.39 percent to 12.78 euros), technology holding company Intracom (0.71 percent to 5.56 euros) and Emporiki Bank (0.56 percent to 23.60 euros). Turnover reached 304.30 million euros, including 48.79 million in prearranged trades. Total market capitalization was 154.40 billion euros.