ECONOMY

Media stocks outperform

The Athens Stock Exchange composite share price index closed last Friday at 4,678.31 points, a gain of 62.84 points or 1.36 percent on the previous week’s close. Turnover declined to -2.12 billion, an average of -424.93 million per session, from -493.75 million the previous week. All major indices gained: The FTSE/Athex 20 index of blue chips rose 1.32 percent to close at 2,551.46 points, the FTSE/Athex Mid-40 increased 1.79 percent to close at 5,480.25 points, the FTSE/Athex Small-Cap 80 gained 1.89 percent to close at 905.69 points, the composite FTSE/Athex 140 index went up 1.45 percent to close at 5,708.79 points and the FTSE/Athex International index secured 1.44 percent to close at 6,702.72 points. Thirteen of 17 sectoral indices gained ground. The exceptions were food and beverages (down 1.59 percent), industrial products and services (0.86 percent), health (0.51 percent) and telecommunications (0.43 percent). The top gainers were media (higher 8.37 percent), chemicals (4.61 percent) and financial services (3.18 percent). Among individual titles, the top gainers were Hitech SNT (up 50 percent), Tasoglou (41.67 percent), the preferred shares of Emborikos Desmos (31.82 percent) and Pegasus publishers (23.94 percent). The top losers were the preferred and common stock of wool industry Tria Alfa (less 27.01 percent and 19.28 percent respectively), Vis’s preferred stock (17.73 percent) and Xylemboria (17.33 percent). Marfin Popular Bank topped the list of the most heavily traded shares, with an average turnover of -55.79 million per session. It was trailed by National Bank (-42.31 million), Piraeus Bank (-35.71 million), OTE (-24.49 million) and Bank of Cyprus (-24.43 million).