Stocks lose ground, but small-caps resist
Stocks lost ground yesterday on the Athens Stock Exchange, following the trend in other European markets. The ASE composite share price index closed at 4,139.96 points, a drop of 21.44 points or 0.52 percent. On a weekly basis, it declined 1.41 percent, limiting this year’s gains to 12.99 percent. The FTSE/Athex 20 index of blue chips declined 0.55 percent to close at 2,232.66 points. Mid-caps declined 0.39 percent and small-caps gained 0.40 percent. The FTSE/Athex International index declined 0.43 percent, closing at 5,788.67 points. Top blue chip gainers were electricity company PPC (2.32 percent to 20.30 euros), Duty Free Shops (1.91 percent to 14.92 euros) and bottler Coca-Cola HBC (1.39 percent to 25.98 euros). By contrast, significant losses were sustained by jewelry maker and retailer Folli-Follie (2.25 percent to 22.58 euros), Emporiki Bank (1.97 percent to 26.82 euros), Piraeus Bank (1.96 percent to 24.98 euros), electronics retailer Germanos (1.82 percent to 17.26 euros), betting company OPAP (1.68 percent to 29.30 euros) and refiner Motor Oil (1.62 percent to 23.10 euros). Out of 311 traded shares, 124 gained, 137 declined and 50 ended unchanged. Turnover reached 271.90 million euros, including 31.27 million in prearranged trades.
