20/11/2002 12:13
BOC and BOCw attract more than 40 per cent of the total volume – Losses of 1.8 per cent
The CSE general index finished 1.1 per cent lower on Wednesday, reaching 104.5 points and the lowest level within the last 8 sessions. Similarly, FTSE20, after being pressured by the Bank of Cyprus, closed at 412.8 points and –1.1 per cent.
The Bank of Cyprus and the Bank of Cyprus warrants reported significant losses of 1.8 per cent reaching CYP 1.60 and 56 cents respectively. It is worth mentioning that according to yesterday’s nine-month results BOC’s after tax profits fell 56.2 per cent, compared to the correspondent period of 2001 (2002: CYP 10 million, 2001: CYP 41.2 million).
The daily trading volume reached CYP 2.07 million with BOCw being the most actively traded stock of the day concentrating 23.7 per cent of the total volume. BOC (18.7 per cent of the turnover) and BOCw attracted a significant investors’ interest, absorbing more than 40 per cent of the total trading volume.
Elma Holdings with 13.1 per cent of the daily volume dropped 1.2 per cent to 8.3 cents while the other volume leaders of the day were the Hellenic and the Popular Bank. More specifically, HB with 4.9 per cent of the turnover soared 1.2 per cent to 83 cents and CPB with 4.8 per cent of the daily volume closed at CYP 1.29 and –0.8 per cent.
The financial sector led decliners on the CSE, as SAFS with 2.4 per cent of the daily turnover sank 3.5 per cent to 11.2 cents while Sharelink with 2.2 per cent of the volume slipped 1.7 per cent to 11.9 cents. In the “Other Companies’ sector, CLR Investments with 4.6 per cent of the volume fell 0.9 per cent to reach 11.6 cents, Hadjiioannou Farm traded 0.8 per cent lower to 12.6 cents attracting 3.5 per cent of the turnover and Louis with 2.6 per cent of the trading volume remained unchanged at 18.5 cents.
Overall, 25 securities went up, 71 fell and 21 remained unchanged.
The CSE general index finished 1.1 per cent lower on Wednesday, reaching 104.5 points and the lowest level within the last 8 sessions. Similarly, FTSE20, after being pressured by the Bank of Cyprus, closed at 412.8 points and –1.1 per cent.
The Bank of Cyprus and the Bank of Cyprus warrants reported significant losses of 1.8 per cent reaching CYP 1.60 and 56 cents respectively. It is worth mentioning that according to yesterday’s nine-month results BOC’s after tax profits fell 56.2 per cent, compared to the correspondent period of 2001 (2002: CYP 10 million, 2001: CYP 41.2 million).
The daily trading volume reached CYP 2.07 million with BOCw being the most actively traded stock of the day concentrating 23.7 per cent of the total volume. BOC (18.7 per cent of the turnover) and BOCw attracted a significant investors’ interest, absorbing more than 40 per cent of the total trading volume.
Elma Holdings with 13.1 per cent of the daily volume dropped 1.2 per cent to 8.3 cents while the other volume leaders of the day were the Hellenic and the Popular Bank. More specifically, HB with 4.9 per cent of the turnover soared 1.2 per cent to 83 cents and CPB with 4.8 per cent of the daily volume closed at CYP 1.29 and –0.8 per cent.
The financial sector led decliners on the CSE, as SAFS with 2.4 per cent of the daily turnover sank 3.5 per cent to 11.2 cents while Sharelink with 2.2 per cent of the volume slipped 1.7 per cent to 11.9 cents. In the “Other Companies’ sector, CLR Investments with 4.6 per cent of the volume fell 0.9 per cent to reach 11.6 cents, Hadjiioannou Farm traded 0.8 per cent lower to 12.6 cents attracting 3.5 per cent of the turnover and Louis with 2.6 per cent of the trading volume remained unchanged at 18.5 cents.
Overall, 25 securities went up, 71 fell and 21 remained unchanged.
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