11/12/2002 12:17
Given that Cyprus is amid significant political developments concerning the revised UN peace plan, the imminent Copenhagen Summit and the EU enlargement, the CSE session on Wednesday managed to reach a 9-month high, last seen on March 29, 2002.
Specifically, the CSE general index reported considerable gains of 3 per cent to reach 113.9 points, while FTSE20 soared 2.9 per cent as well to 457.8 points. The daily trading volume was particularly heavy, totaling CYP 3.16 million, last seen on November 11.
The banking titles attracted a significant investors’ interest, concentrating more than ½ of the total trading volume (CYP 1.6 million). The Bank of Cyprus warrants absorbing 16.3 per cent of the daily volume climbed 6.2 per cent or 4 cents to 69 cents, while The Bank of Cyprus attracting 13.9 per cent of the turnover scrambled up 3.5 per cent or 6 cents to close at CYP 1.78.
The Popular Bank, The Hellenic Bank and Louis Cruises Lines were among the volume leaders of the day, concentrating 11.3, 9.1 and 6.6 per cent of the total volume respectively. CPB was up 3.5 per cent or 5 cent to CYP 1.50, HB remained unchanged at 88 cent and LCL ended up 3.1 per cent higher to 20.3 cents.
Then, SAFS with 2.6 per cent of the turnover rose 7.1 per cent to 13.6 cents and Sharelink with 4.5 per cent of the volume added 3.9 per cent to close at 13.3 cents. Cytrustees Investments (2.9 per cent of the volume) finished 5.1 per cent higher at 62 cents, while Demetra Investments (2.4 per cent of the daily turnover) put on 2.4 per cent to 34.8 cents. Finally, CLR Investment absorbing 4.7 per cent of investors’ interest reported a jump of 4.7 per cent to reach 13.3 cents.
Overall, 81 securities went up, 26 fell and 18 remained unchanged.
Specifically, the CSE general index reported considerable gains of 3 per cent to reach 113.9 points, while FTSE20 soared 2.9 per cent as well to 457.8 points. The daily trading volume was particularly heavy, totaling CYP 3.16 million, last seen on November 11.
The banking titles attracted a significant investors’ interest, concentrating more than ½ of the total trading volume (CYP 1.6 million). The Bank of Cyprus warrants absorbing 16.3 per cent of the daily volume climbed 6.2 per cent or 4 cents to 69 cents, while The Bank of Cyprus attracting 13.9 per cent of the turnover scrambled up 3.5 per cent or 6 cents to close at CYP 1.78.
The Popular Bank, The Hellenic Bank and Louis Cruises Lines were among the volume leaders of the day, concentrating 11.3, 9.1 and 6.6 per cent of the total volume respectively. CPB was up 3.5 per cent or 5 cent to CYP 1.50, HB remained unchanged at 88 cent and LCL ended up 3.1 per cent higher to 20.3 cents.
Then, SAFS with 2.6 per cent of the turnover rose 7.1 per cent to 13.6 cents and Sharelink with 4.5 per cent of the volume added 3.9 per cent to close at 13.3 cents. Cytrustees Investments (2.9 per cent of the volume) finished 5.1 per cent higher at 62 cents, while Demetra Investments (2.4 per cent of the daily turnover) put on 2.4 per cent to 34.8 cents. Finally, CLR Investment absorbing 4.7 per cent of investors’ interest reported a jump of 4.7 per cent to reach 13.3 cents.
Overall, 81 securities went up, 26 fell and 18 remained unchanged.
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