ECONOMY

ASE partially recovers losses

The Athens Stock Exchange composite share price index closed last Friday at 4,556.62 points, a gain of 180.32 points or 4.12 percent on the previous week’s close, as the market recovered just less than half of the previous week’s losses. Turnover dropped to 2.69 billion euros, an average of 537.19 million per session, from 598.48 million the previous week. All major indices gained: The FTSE/Athex 20 index of blue chips gained 4.11 percent to close at 2,461.50 points, the FTSE/Athex Mid-40 rose 2.41 percent to close at 5,538.09 points, the FTSE/Athex Small-Cap 80 went up 2.61 percent to close at 882.28 points, the composite FTSE/Athex 140 index increased 3.85 percent to close at 5,542.80 points and the FTSE/Athex International index gained 3.89 percent to close at 6,507.20 points. All sectoral indices but one declined. The single exception was personal and household goods, which declined 0.13 percent. The top gainers were food and beverages (up 8.14 percent), telecommunications (6.45 percent), travel and leisure (5.57 percent) and utilities (4.71 percent). Among individual titles, the top gainers were Eurobrokers (higher 45.31 percent), Sheet Steel (28.57 percent), Tasoglou (27.59 percent) and Maxim Pertsinidis (20.51 percent). The top losers were Viosol’s preferred shares (less 15 percent), Gener (11.76 percent), Iktinos Hellas (8.28 percent) and Kordellos Brothers (8.11 percent). Bank of Cyprus topped the list of the most heavily traded shares, with an average turnover of 117.10 million per session. It was trailed by National Bank (68.25 million), Alpha Bank (35.80 million), OTE (32.33 million) and EFG Eurobank (28.41 million).

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