ECONOMY

ASE slides as volume falls

The Athens Stock Exchange general index shed 59.93 points, or 2.51 percent, last week to close at 2,329.59 points on Friday. The weekly volume of trading fell from 659.7 million euros a week earlier to 545 million euros, an average of 109 million euros per session. Small-capitalization stocks came under the strongest pressure and the respective FTSE/ASE Small-Cap 80 index lost 3.94 percent. The FTSE/ASE Mid-40 index of medium capitalization and FTSE/ASE-20 of blue chips lost 3.27 percent and 2.19 percent respectively. All sectoral indices ended with losses, except insurance which gained 0.78 percent. The biggest loser was publishing and printing, which shed 6.72 percent, followed by wholesale commerce with 6.08 percent, basic metals with 5.94 percent and retail commerce with 5.3 percent. Among a total of 369 shares traded, 315 registered losses, 43 gained and 11 remained unchanged. Emporikos Desmos (PR) led the gainers with 15.29 percent, followed by Keranis Holdings with 11.72 percent. The hardest hit losers were Zamba, which ended 30.2 percent lower, followed by Domiki Kritis with 22.39 percent, Douros with 18.55 percent and Ideal (PR) with 15.2 percent. The most heavily traded stocks were OTE telecoms, the Public Power Corporation, Intracom and National Bank. – National Foundation for Agriculture Research in cooperation with the EU General Secretariat for Research hold a conference on «Sustainable Development, Global Change and Ecosystems.» At the PASEGES building, Thermi, Thessaloniki. For details call 010.817.5482.