26/09/2003 13:08
The CSE general index ended 0.2% stronger at 87.8 points on Friday, with the daily trading volume amounting to £1.31 million, last seen on September 4. The high turnover of the day was attributable to a transaction of G101 bonds carried out two minutes before the opening of the CSE session and concerned 350,000 shares. G101 closed at £1,062 and at -4%, absorbing 28.3% of the turnover.
The Bank of Cyprus warrant, which will remain off the trading floor as from Monday accumulated losses of 9.1%, concentrating £203 thousand or 15.5% of investors’ interest. BOCw is exercisable on October 1-30 at the price of £1.25 and is expected to contribute significant capital to the Bank of Cyprus, destined for development purposes.
FTSE added 0.6% to 352.5 points mostly pressured by the Bank of Cyprus shares that attracted 24.6% of the volume inching up 0.8% to £1.31. The Popular Bank with 4% of the turnover remained unchanged at £1.18.
Overall, 50 securities went up, 23 fell and 21 remained unchanged.
The Bank of Cyprus warrant, which will remain off the trading floor as from Monday accumulated losses of 9.1%, concentrating £203 thousand or 15.5% of investors’ interest. BOCw is exercisable on October 1-30 at the price of £1.25 and is expected to contribute significant capital to the Bank of Cyprus, destined for development purposes.
FTSE added 0.6% to 352.5 points mostly pressured by the Bank of Cyprus shares that attracted 24.6% of the volume inching up 0.8% to £1.31. The Popular Bank with 4% of the turnover remained unchanged at £1.18.
Overall, 50 securities went up, 23 fell and 21 remained unchanged.
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