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Significant gains of 2,2 per cent on the floor

03/12/2002 12:35
The CSE general index traded 1.8 per cent higher to close at 106.5 points on Tuesday, ahead of the significant political decisions that are to be taken possibly today and amid the National Council convention held to discuss the points of the UN peace plan to be brought under further negotiations.

FTSE 20 - mostly influenced by the banking sector that reported gains of 3.1 per cent – closed at 428,8 points and +3,1 per cent.

The trading volume totaled CYP 1,567,565 with the banking titles concentrating more than 60 per cent of today’s investors’ interest. Specifically, the Bank of Cyprus warrants was the most actively traded stock of the day (19.8 per cent) reporting considerable gains of 7.1 per cent or 4 cents and reaching 60 cents. The Bank of Cyprus, the Popular and the Hellenic Bank with 15.9, 14.4 and 10 per cent of the turnover surged 3.1, 3.7 and 2.4 per cent to CYP 1.66, CYP 1.39 and 84 cents respectively. The other daily volume leader was CLR Investment, attracting 4.4 per cent of the total trading volume and climbing 4.4 per cent to 11.9 cents.

The financial Marketrends with 2 per cent of the total volume was the best performer of the session scrambling up 8.7 per cent to close at 5 cents. As far as the financial sector is concerned, SAFS and Sharelink with 2.4 and 1.7 per cent of the daily turnover recorded gains of 5.3 and 5.1 per cent to reach 12 and 12.3 cents respectively. In the investment sector, Cytrustees with 3.3 per cent of the trading volume rose 3.7 per cent to 56 cents, while in the “Other companies” sector, Louis with 3.8 per cent of the turnover closed at 18.7 cents and +2.8 per cent. Finally, Tsokkos Hotels with 2.1 per cent of the total volume ended 1.7 per cent higher to 18.3 cents.

Overall, 66 securities went up, 24 fell and 12 remained unchanged.