ECONOMY

Marginal gains for the ASE

The general share index closed at 2,249.59 points on Friday, a rise of 23.54 points, or 1.06 percent for the entire week. Total volume amounted to 621.56 million euros, with the average daily volume at 124.31 million euros. FTSE indices ended on a positive note. The FTSE/ASE-80 of small-caps did the best, rising 2.19 percent. The FTSE/ASE-20 blue chip index rose 1.34 percent, and the FTSE/ASE Mid-40 gained 0.46 percent. The sub-indices had a mixed performance, with most registering small gains. The best performance was by holding companies, up 5.57 percent; retail commerce came next with a 5.47 percent gain, while foods and beverages rose 3.07 percent. On the other hand, the non-metallic minerals index dropped 2.86 percent. Of the 367 stocks traded, 215 advanced, 128 fell and 24 remained unchanged. Construction firm K.I. Sarantopoulos and Axon Holdings led individual gainers, rising 29.78 percent and 29.76 percent, respectively. By contrast, insurance firm Interamerican fell 23.62 percent. Once again, OTE Telecom was the most heavily traded stock, averaging 8.91 million euros per session. Experienced in party intrigue, Laliotis can scent trouble brewing. He senses that the advance he is preparing through his shift within the party, by which he aims to become the undisputed No. 2 man and informally acquire the power to co-manage the government’s overall work, not only worries New Democracy – which sees him as a serious opponent and will try to hit him at every opportunity – but also his own fellow-party officials.