April starts on the wrong foot
The Athens Stock Exchange (ASE) composite price index ended the four-session week 51.96 points, or 2.28 percent lower, closing at 2,228.76 points on Friday. The bourse was closed on Monday in correspondence with foreign bourses. The total volume of trading reached 346.68 million euros, making for an average daily volume of 86.67 million euros. Among the Financial Times indices, the FTSE/ASE-20 bluechip index posted the largest losses, shedding 3.85 percent to close at 1,181.86 points. The FTSE/ASE-80 and FTSE/ASE mid-40 indices, representing the small- and mid-caps, registered losses of 2.72 and 1.80 percent respectively. All sectoral indices moved lower, with the exception of telecommunications, which gained 0. 61 percent. Most heavily hit were insurance (-6.38 percent), banks (-5.55 percent) and holdings (-5.48 percent). Of the 369 stocks traded, 76 gained, 280 posted losses and 13 remained unchanged. In terms of individual stocks, Ideal Holdings’ newly listed Compucon and Mouzakis’s common shares made the biggest gains, 31.46 and 27.21 percent respectively. Leading the losers were the common and preferred shares of Stabilton (-24.53 percent and -18.57 percent, respectively) and Xifias Fisheries (-19.58 percent). OTE was the most heavily traded stock, with an average daily trading volume of 7.83 million euros. WEDNESDAY
