23/05/2003 12:11
The CSE general index swung into the red on Friday, dropping 0.8% to 86.2 points, while FTSE slid 1.7% to 339.4 points, mostly pressured by the banking stocks that accumulated significant losses of 1.6%.
On a weekly basis, the CSE general index fell 1.5% and FTSE was off 2.1%.
The trading volume remained once again at low levels, hardly amounting to CYP 397 thousand. On a weekly basis the total turnover was CYP 2.18 million and the average turnover stood at CYP 436 thousand.
The banking stocks absorbed 56.8% of the total trading volume, with the Bank of Cyprus warrant being the most attractive stock of the day concentrating 21.9% of the turnover. The Popular Bank attracted 14.7% of investors’ interest, while the other daily volume leaders were the Bank of Cyprus share (12%), Marketrends (11.4%) and the Hellenic Bank (8.2%).
BOCw was a major decliner, tumbling 6.1% to 20.2 cents (weekly losses of 15%) and CPB dropped 2.5% or 3 cents to CYP 1.16 (weekly losses of 2.5%). BOC closed at CYP 1.31 and at -1.5% (weekly losses of 2.2%), MFS climbed 3.7% to 2.8 cents and HB lost 3.1% or 2 cents to 63 cents (weekly losses of 3.1%). On a weekly basis, MFS remained unchanged.
In the “Other companies” sector, Louis Cruise Lines with 4.4% of the total volume inched up 0.7% to 15.2 cents.
Overall, 24 securities went up, 40 fell and 19 remained unchanged.
On a weekly basis, the CSE general index fell 1.5% and FTSE was off 2.1%.
The trading volume remained once again at low levels, hardly amounting to CYP 397 thousand. On a weekly basis the total turnover was CYP 2.18 million and the average turnover stood at CYP 436 thousand.
The banking stocks absorbed 56.8% of the total trading volume, with the Bank of Cyprus warrant being the most attractive stock of the day concentrating 21.9% of the turnover. The Popular Bank attracted 14.7% of investors’ interest, while the other daily volume leaders were the Bank of Cyprus share (12%), Marketrends (11.4%) and the Hellenic Bank (8.2%).
BOCw was a major decliner, tumbling 6.1% to 20.2 cents (weekly losses of 15%) and CPB dropped 2.5% or 3 cents to CYP 1.16 (weekly losses of 2.5%). BOC closed at CYP 1.31 and at -1.5% (weekly losses of 2.2%), MFS climbed 3.7% to 2.8 cents and HB lost 3.1% or 2 cents to 63 cents (weekly losses of 3.1%). On a weekly basis, MFS remained unchanged.
In the “Other companies” sector, Louis Cruise Lines with 4.4% of the total volume inched up 0.7% to 15.2 cents.
Overall, 24 securities went up, 40 fell and 19 remained unchanged.
Related Articles
