ECONOMY

ASE closes with 5.72-pct gain

Last week ended positively for the Athens stock market. The general share index closed at 2,226.05 points on Friday, marking a rise of 5.72 percent for the entire week. Total volume amounted to 681.24 million euros, with the average daily volume at 136.25 million euros. The FTSE indices ended on a positive note. The FTSE/ASE Mid-40 recorded the biggest gain, up by 9 percent. The FTSE/ASE-80 of small-caps showed a 6.78-percent increase while the FTSE/ASE-20 posted a 5.14-percent rise to close at 1,243.05 points. All subindices registered gains. Insurance outperformed other sectors, rising by 12.58 percent, the biggest increase. Both textiles and non-metallic minerals and cement showed identical gains of 12.06 percent, the second biggest jump after insurance. Of the 366 stocks traded, 333 advanced and 30 fell. Three remained unchanged. Yiannis Yiannousis showed the biggest weekly change, rising by 77.76 percent, followed by Rilken, up by 59.12 percent. Interamerican in contrast fell by the biggest margin, down by 46.99 percent with Ideal close behind with a 36.65-percent fall. Many of us also know communists who in their own homes exploit migrants from former socialist countries, all the while declaring their belief in the equality of all humanity which was supposedly destroyed by American imperialism and capitalism.