ECONOMY

Slight rise in thin trade

The Athens Stock Exchange general index ended last week at 1,775.81 points, 14.52 points or 0.82 percent lower than the previous week’s close. Three of the week’s four sessions – the exception being Friday’s – ended with losses. Total turnover for the week fell almost 15 percent, to 265.45 million euros, a daily average of 66.36 million per session. The greatest buying interest was for medium-capitalization stocks; thus, the FTSE/ASE Mid-40 index gained 2.08 percent. The FTSE/ASE-20 index of blue chips and the FTSE/ASE Small-Cap 80 gained 1.51 percent and 0.65 percent, respectively. The majority of sectoral indices recorded gains. Publishing and printing companies were the top gainers (7.14 percent), followed by wholesale commerce (4.41 percent), retail commerce (4.30 percent) and construction (3.62 percent). The four indices that sustained losses were TV & entertainment (3.04 percent), textiles (1.14 percent), telecommunications (0.76 percent) and information technology (0.32 percent). Of the 369 stocks traded last week, 250 gained, 94 fell and 25 were unchanged. Bank of Cyprus and Euroconsultants were the top gainers of the week, rising 44.72 percent and 25.51 percent, respectively. The largest losses were sustained by Kordellos Bros (26.38 percent) and Epilektos (12.15 percent). State-controlled soccer pools and lottery organization OPAP was the most heavily traded stock, with an average turnover of 7.73 million euros per session, followed by OTE (6.18 million) and Informatics (5.11 million).