ECONOMY

Blue chips drag market lower

The Athens Stock Exchange composite share price index closed last Friday at 4,308.17 points, a drop of 6.73 points or 0.16 percent on the previous week’s close. Turnover rose to 1.79 billion euros, an average of 357.26 million euros per session, from 337.04 million the previous week. The FTSE/Athex 20 index of blue chips declined 0.28 percent to close at 2,378.67 points, the FTSE/Athex Mid 40 leapt 2.91 percent to close at 4,958.54 points, the FTSE/Athex Small-Cap 80 gained 0.51 percent to close at 857.31 points, the composite FTSE/Athex 140 index inched up 0.29 percent to close at 5,293.31 points and the FTSE/Athex International index rose 0.26 percent to close at 6,210.31 points. Nine of the 17 sectoral indices gained ground. Top gainers were personal and household goods (up 2.79 percent), health (1.77 percent) and travel and leisure (1.49 percent). Top losers were oil and gas (down 3.33 percent), telecommunications (1.57 percent) and industrial goods and services (1.30 percent). Among individual titles, the top gainers were Maxim Pertsinidis (up 42.11 percent), FHL Mermeren (27.47 percent) and Revoil (20.87 percent). The top losers were the preferred stocks of ANEK (90) (down 19.44 percent) and Boutaris & Son (17.14 percent) and Lanacam’s common stock (10.71 percent). Germanos topped the list of the most heavily traded shares, with an average turnover of nearly 70 million euros per session. It was trailed by National Bank (46.29 million), Alpha Bank (29.58 million), OTE (18.60 million) and OPAP (16.29 million).