ECONOMY

ATHEX up after volatility

The Athens Stock Exchange composite share price index closed last Friday at 4,844.68 points, a gain of 36.22 points or 0.75 percent from the previous week’s close. Friday’s gains more than compensated for the losses of the three previous sessions. Turnover rose to -2.57 billion, an average of -513.83 million per session, from -381.86 million the previous week. All major indices gained: The FTSE/ATHEX 20 index of blue chips gained 0.60 percent to close at 2,588.81 points, the FTSE/ATHEX Mid 40 gained 1.26 percent to close at 6,139.29 points, the FTSE/ATHEX Small-Cap 80 gained 0.99 percent to close at 933.17 points, the composite FTSE/ATHEX 140 index gained 0.68 percent to close at 5,870.21 points and the FTSE/ATHEX International index gained 0.67 percent to close at 6,892.58 points. Fourteen out of 17 sectoral indices gained. The exceptions were construction and materials (down 1.26 percent), financial services (1.08 percent) and oil and gas (0.84 percent). The top gainers were personal and household goods (up 4.07 percent), food and beverages (3.41 percent), media (2.56 percent) and insurance (2.43 percent). Among individual securities, the top gainers were Imako Media (up 70.94 percent), Nick Galis (59.17 percent) and the preferred shares of Ideal Group (43.14 percent). The top losers were Lavipharm (down 17.54 percent), Katselis (9.73 percent) and Informer (7.92 percent). Cement company Heracles topped the list of the most heavily traded shares, with an average turnover of -71.16 million per session, the result of National Bank’s sale of its stake to majority shareholder Lafarge. It was trailed by National Bank (-64.31 million), Alpha Bank (-51.58 million), OTE (-28.49 million) and OPAP (-28.41 million).

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