29/10/2002 12:20
CSE index reached 91.8 points
+5 cents for BOC and +6 for CPB
Significant gains of 22% for BOCw
The CSE general index recorded remarkable gains of 5.4% today amid investors’ expectations that bad days for the CSE are over for good.
Specifically, the CSE index – pressured by the banking sector that attracted a considerable investors’ interest – closed at 91.8 points reaching it s highest levels within the last four months. FTSE20 also experienced significant gains of 4.7% reaching 345.8 points.
The trading volume was particularly heavy reaching CYP 1.7 million, last seen on May 30. It’s worth mentioning that today’s volume was almost treble the average of the last four months.
The Bank of Cyprus was the most marketable stock of the day (21.3%) climbing 4.2% or 5 cents to CYP 1.24 cents. Similarly, the Popular Bank with 11.7% of the total volume jumped 5.5% or 6 cents to CYP 1.15, while the Hellenic Bank with 8.1% of the turnover soared 4.1% or 3 cents to 77 cents. The other daily volume leaders were Louis with 4.6% of the turnover and the Bank of Cyprus with4.5% of the total volume. LCL surged 6% to 16 cents, while BOCw ended 22.1% higher to 27.1 cents (115% higher than the October 10 closing).
The financial sector was among the better performers of the day, recording gains of 11.4%. Specifically, Laiki Investments rose 15% to 13.8 cents, Sharelink closed 13.8% higher at 9.1 cents, SAFS was up 10.9% to 7.1 cents, while Marketrends and Prochoice added 9.1% and 8% to 3.6 and 8.1 cents respectively.
As far as the ‘Others’ sector is concerned, CLR Inv. (3.2% of the turnover) scrambled up 11.8% to 8.5 cents and Hadjiioannou Farm (3.1% of the total volume) reported a 9.4% rise to 11.7 cents.
Overall, 118 securities went up, 13 fell and 7 remained unchanged
+5 cents for BOC and +6 for CPB
Significant gains of 22% for BOCw
The CSE general index recorded remarkable gains of 5.4% today amid investors’ expectations that bad days for the CSE are over for good.
Specifically, the CSE index – pressured by the banking sector that attracted a considerable investors’ interest – closed at 91.8 points reaching it s highest levels within the last four months. FTSE20 also experienced significant gains of 4.7% reaching 345.8 points.
The trading volume was particularly heavy reaching CYP 1.7 million, last seen on May 30. It’s worth mentioning that today’s volume was almost treble the average of the last four months.
The Bank of Cyprus was the most marketable stock of the day (21.3%) climbing 4.2% or 5 cents to CYP 1.24 cents. Similarly, the Popular Bank with 11.7% of the total volume jumped 5.5% or 6 cents to CYP 1.15, while the Hellenic Bank with 8.1% of the turnover soared 4.1% or 3 cents to 77 cents. The other daily volume leaders were Louis with 4.6% of the turnover and the Bank of Cyprus with4.5% of the total volume. LCL surged 6% to 16 cents, while BOCw ended 22.1% higher to 27.1 cents (115% higher than the October 10 closing).
The financial sector was among the better performers of the day, recording gains of 11.4%. Specifically, Laiki Investments rose 15% to 13.8 cents, Sharelink closed 13.8% higher at 9.1 cents, SAFS was up 10.9% to 7.1 cents, while Marketrends and Prochoice added 9.1% and 8% to 3.6 and 8.1 cents respectively.
As far as the ‘Others’ sector is concerned, CLR Inv. (3.2% of the turnover) scrambled up 11.8% to 8.5 cents and Hadjiioannou Farm (3.1% of the total volume) reported a 9.4% rise to 11.7 cents.
Overall, 118 securities went up, 13 fell and 7 remained unchanged
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