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Total absence…

02/10/2002 12:06
-Profit Warning by CLL

Today’s volume – mostly due to lack of investors’ interest and other corporate developments – has reached the lowest levels within the last six years. Specifically, the turnover of the day hardly reached CYP 196 thousand, while only three titles (out of 84) concentrated more than CYP 15 thousand.

The CSE general index closed at 84.6 points and +0.2%, while FTSE20 - with gains of 0.4% - climbed to 327.3 points.

The Popular Bank, being the most marketable share of the day (14.5% or CYP 28.500), remained unchanged and closed at CYP 1.08. Similarly, the Bank of Cyprus – with gains of 0.9% - attracted a considerable investor’s interest closing at CYP 1.19 and concentrating 9.9% of the total volume (CYP 19.354). Finally, A. Panayides – with turnover 9.8% or CYP 19.158 and significant gains of 6.8% - closed at 47 cents.

Petrolina (5.9%), the Hellenic Bank (5.2%), Louis (5.2%) and Tsokkos (4.8%) were the other stocks with considerable daily volume, while PHL with 3.1% rise closed at 16.5 cents. HB remained unchanged closing at 70 cents, while LCL with gains of 1.5% closed at 13.9 cents. Finally, TSH suffered losses of 1.3% and reached 15.5 cents.

In the meanwhile, CLR Investments announced a Profit Warning for Company’s nine-monthly results. CLL has proceeded to this act as – according to SEC – issuers must publicize warnings if the new results differ from the previous ones. CLL closed at 7.4 cents today, with turnover 0.9% and gains of 4.2%.

Overall, 34 securities went up, 28 fell and 22 remained stable.