04/10/2002 12:10
Three year low for CPB
The CSE general index and FTSE20 – mostly influenced by the Banking sector that dropped by 1.5% - closed at 83.1 points and 320.1 points, with marginal losses of 0.7% and 0.9% respectively. The Bank of Cyprus and the Popular Bank have hit a new three year low, accumulating losses of 0.9% (1 cent) and 1.9% (2 cents) and closing at CYP 1.16 and CYP 1.05 respectively. Since October 4, 2001 BOC has experienced losses of 33.7%, while CPB losses of 23.4%.
The CSE general index experienced weekly losses of 1.9% while FTSE20 suffered losses of 3%.
Due to absence of investors’ interest, the volume of the day reached CYP 336 thousand, while the turnover of the week hardly exceeded the CYP 1million to reach CYP 1.25 million.
The Popular Bank was the most marketable share of the day (22.3% of the total volume), while Hadjiioannou Farm and the Bank of Cyprus have also attracted a considerable investors’ interest with turnover 15.2% and 11% respectively. FRH has experienced significant gains of 4.3% and closed at 9.7 cents. Similarly, the Hellenic Bank and Kanika were the other stocks with considerable marketability. Specifically, HB remained unchanged closing at 69 cents, while KAN - with losses of 4% - dropped to 12 cents. Finally, Tsokkos – with 5.7% marketability – closed at 15.9 cents and +2.6%.
Overall, 27 securities went up, 38 fell and 11 remained stable.
The CSE general index and FTSE20 – mostly influenced by the Banking sector that dropped by 1.5% - closed at 83.1 points and 320.1 points, with marginal losses of 0.7% and 0.9% respectively. The Bank of Cyprus and the Popular Bank have hit a new three year low, accumulating losses of 0.9% (1 cent) and 1.9% (2 cents) and closing at CYP 1.16 and CYP 1.05 respectively. Since October 4, 2001 BOC has experienced losses of 33.7%, while CPB losses of 23.4%.
The CSE general index experienced weekly losses of 1.9% while FTSE20 suffered losses of 3%.
Due to absence of investors’ interest, the volume of the day reached CYP 336 thousand, while the turnover of the week hardly exceeded the CYP 1million to reach CYP 1.25 million.
The Popular Bank was the most marketable share of the day (22.3% of the total volume), while Hadjiioannou Farm and the Bank of Cyprus have also attracted a considerable investors’ interest with turnover 15.2% and 11% respectively. FRH has experienced significant gains of 4.3% and closed at 9.7 cents. Similarly, the Hellenic Bank and Kanika were the other stocks with considerable marketability. Specifically, HB remained unchanged closing at 69 cents, while KAN - with losses of 4% - dropped to 12 cents. Finally, Tsokkos – with 5.7% marketability – closed at 15.9 cents and +2.6%.
Overall, 27 securities went up, 38 fell and 11 remained stable.
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