ECONOMY

Banks lead market gains

The Athens Stock Exchange composite share price index closed last Friday at 4,652.63 points, a gain of 202.99 points or 4.56 percent on the previous weekís close, a rally driven mostly by banks. Turnover rose to 1.89 billion, an average of 378.6 million per session, from 359.46 million the previous week. Most major indices gained: The FTSE/Athex 20 index of blue chips gained 4.81 percent to close at 2,503.82 points, the FTSE/Athex Mid-40 gained 3.70 percent to close at 5,714.75 points, the FTSE/Athex Small-Cap 80 gained 2.85 percent to close at 885.18 points, the composite FTSE/Athex 140 index gained 4.58 percent to close at 5,644.62 points and the FTSE/Athex International index gained 4.63 percent to close at 6,629.61 points. All 17 sectoral indices gained. The top gainers were raw materials (up 6.88 percent), banks (6.12 percent), industrial goods and services (5.83 percent), chemicals (5.41 percent) and construction and materials (5.14 percent). Among individual titles, the top gainers were Mochlos (higher 25 percent), Iktinos Hellas (21.71 percent), Sidenor (19 percent) and Corinth Pipeworks (18.66 percent). The top losers were Olympic Technical (less 14.78 percent), Ergas (14.29 percent), Vivere (13.41 percent) and Perseus (12 percent). National Bank topped the list of the most heavily traded shares, with an average turnover of 55.15 million per session. It was trailed by Alpha Bank ( 36.96 million), OPAP ( 34.66 million), Piraeus Bank ( 27.66 million) and OTE ( 24.49 million).

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.