ECONOMY

Blue chips provide boost

The Athens Stock Exchange composite share price index closed last Friday at 4,560.14 points, a gain of 3.78 percent from the previous week’s close. All major indices declined: The FTSE/Athex 20 index of blue chips leapt 4.48 percent to close at 2,483.70 points, the FTSE/Athex Mid-40 rose 0.56 percent to close at 5,274.78 points, the FTSE/Athex Small-Cap 80 gained 1.32 percent to close at 892.18 points, the composite FTSE/Athex 140 index increased by 3.81 percent to close at 5,546.61 points and the FTSE/Athex International index added 3.88 percent to close at 6,509.66 points. Fourteen out of 17 sectoral indices gained ground. The exceptions were media (down 1.65 percent), industrial products and services (1.01 percent) and commerce (1.01 percent). The top gainers were utilities (6.73 percent), banks (4.96 percent) and oil and gas (4.48 percent). Among individual titles, the top gainers were Varvaressos (41.51 percent), Logismos (20.35 percent), Veterin (20.10 percent) and Texapret (20 percent). The top losers were Hellenic Fisheries (18.44 percent), Sidma (9.40 percent), Altius Investments (7.58 percent) and Aspis Pronia (6.41 percent). PPC and Alpha Bank were the best-performing blue chips, rising 7.81 percent and 7.51 percent respectively. National Bank topped the list of the most heavily traded shares, with a total turnover of 237.31 million euros. It was trailed by Alpha Bank (127.91 million), OTE (121.29 million), EFG Eurobank Ergasias (90.44 million) and Piraeus Bank (87.26 million). Due to a technical problem the figures in the chart below refer to the market close on Thursday and not Friday.