16/10/2002 12:08
- CSE council suspended GLC's trading for 24 hours
- New gains for BOC
The CSE general index- keeping pace with the European and American Stock Exchanges - enjoyed a fourth day of gains, closing at 83.5 points and +0.8%. In turn, FTSE20 - mostly influenced by the banking sector that gained 0.9% - closed at 316.9 points and +0.7%.
Something that should be noted in todays session was the suspension of GLC by the CSE council for 24 hours following the arrest yesterday of the company's president, Mr. Lykourgos Kyprianou. The CSE council decided to proceed with the suspension of the shares of the company for the protection of investors and shareholders' interest.
Trading activity was today low with the total volume reaching CYP 425 thousand, while the Popular Bank and the Bank of Cyprus concentrated 13.6% (CYP 57.7 thousand) and 12.2% (CYP 51.8 thousand) of the total volume respectively. Specifically, BOC climbed 0.9% to CYP 1.14, while CPB remained unchanged at CYP 1.05. The most marketable stocks of the day were Lanitis Dev. (9.2%), the Bank of Cyprus warrants (8%) and Hadjiioannou Farm (6.7%). LDL ended 1.4% higher to 71 cents, BOCw reported a 4.6% gains ending the day at 16 cents and FRH soared 3% to 10.3 cents.
The following titles also attracted considerable interest: the Hellenic Bank (6.3%), Louis (4.5%) and Prochoice (3.6%). HB rose 1.5% to 7.7 cents, LCL remained unchanged at 14 cents, while PRO inched up 2.7% to 7.7 cents. Finally, CCC (2.2% of the turnover) scrambled up 11.8% to 20.8 cents.
Overall, 45 securities went up, 23 fell and 22 remained unchanged.
- New gains for BOC
The CSE general index- keeping pace with the European and American Stock Exchanges - enjoyed a fourth day of gains, closing at 83.5 points and +0.8%. In turn, FTSE20 - mostly influenced by the banking sector that gained 0.9% - closed at 316.9 points and +0.7%.
Something that should be noted in todays session was the suspension of GLC by the CSE council for 24 hours following the arrest yesterday of the company's president, Mr. Lykourgos Kyprianou. The CSE council decided to proceed with the suspension of the shares of the company for the protection of investors and shareholders' interest.
Trading activity was today low with the total volume reaching CYP 425 thousand, while the Popular Bank and the Bank of Cyprus concentrated 13.6% (CYP 57.7 thousand) and 12.2% (CYP 51.8 thousand) of the total volume respectively. Specifically, BOC climbed 0.9% to CYP 1.14, while CPB remained unchanged at CYP 1.05. The most marketable stocks of the day were Lanitis Dev. (9.2%), the Bank of Cyprus warrants (8%) and Hadjiioannou Farm (6.7%). LDL ended 1.4% higher to 71 cents, BOCw reported a 4.6% gains ending the day at 16 cents and FRH soared 3% to 10.3 cents.
The following titles also attracted considerable interest: the Hellenic Bank (6.3%), Louis (4.5%) and Prochoice (3.6%). HB rose 1.5% to 7.7 cents, LCL remained unchanged at 14 cents, while PRO inched up 2.7% to 7.7 cents. Finally, CCC (2.2% of the turnover) scrambled up 11.8% to 20.8 cents.
Overall, 45 securities went up, 23 fell and 22 remained unchanged.
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