ECONOMY

Small-caps lag behind market

The Athens Stock Exchange composite share price index closed last Friday at 4,781.39 points, a gain of 58.61 points or 1.24 percent from the previous week’s close. Turnover dropped to -2.01 billion, but the session average rose to -522.09 million in this four-session week, from -499.28 million the previous week. All major indices gained: The FTSE/ASE 20 index of blue chips rose 1.23 percent to close at 2,596.01 points, the FTSE/ASE Mid-40 went up 2.17 percent to close at 5,816.58 points, the FTSE/ASE Small-Cap 80 advanced 1.07 percent to close at 921.16 points, the composite FTSE/ASE 140 index increased 1.36 percent to close at 5,838.58 points and the FTSE/Athex International index added 1.37 percent to close at 6,856.21 points. Nine out of 17 sectoral indices advanced. The top gainers were raw materials (up 4.97 percent), personal and household goods (4.37 percent) and industrial goods and services (3.42 percent). The top losers were insurance (down 8.12 percent), utilities (1.99 percent) and construction and materials (1.54 percent). Among individual titles, the top gainers were Hitech SNT (up 31.91 percent), Bitros Holdings (29.62 percent), Halcor (27.02 percent) and Quality and Reliability (25.33 percent). The top losers were Kreka (down 12.97 percent), Allatini Ceramics (12.84 percent), Ethniki Insurance (10 percent) and Klonatex’s preferred stock (7.89 percent). National Bank again topped the list of the most heavily traded shares, with an average turnover of -118.90 million per session. It was trailed by EFG Eurobank (-74.85 million), OTE (-35.01 million), Alpha Bank (-23.01 million) and OPAP (-21.22 million).

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