ECONOMY

Tech, telecoms hit hardest

The Athens Stock Exchange composite share price index closed last Friday at 4,518.80 points, a drop of 37.82 points or 0.83 percent on the previous weekís close. Turnover dropped to 1.87 billion, an average of 374.58 million per session, from 537.19 million the previous week. Most major indices declined: The FTSE/Athex 20 index of blue chips dropped 1.09 percent to close at 2,434.55 points, the FTSE/Athex Mid 40 gained 0.05 percent to close at 5,540.84 points, the FTSE/Athex Small- Cap 80 fell 1.62 percent to close at 867.95 points, the composite FTSE/Athex 140 index decreased 0.99 percent to close at 5,488.06 points, and the FTSE/Athex International index slumped 0.97 percent to close at 6,444.15 points. Nine of 17 sectoral indices declined. The top gainers were media (up 3.90 percent), industrial goods and services (2.41 percent) and foods and beverages (2.02 percent). The top losers were technology (less 4.09 percent), insurance (4.07 percent) and telecommunications (3.65 percent). Among individual titles, the top gainers were Kego (higher 13.58 percent), Vivartia (13.35 percent), FHL Mermeren (12.28 percent) and Teletypos (12.09 percent). The top losers were Delta Project (down 29.04 percent), Viosolís preferred shares (11.76 percent), Sheet Steel (11.11 percent) and Varvaressos (11.11 percent). National Bank topped the list of the most heavily traded shares, with an average turnover of 54.45 million per session. It was trailed by Alpha Bank ( 50.46 million), Piraeus Bank ( 25.49 million), Halcor ( 24.73 million) and EFG Eurobank ( 21.97 million).

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