New low for BOC and CPB
The CSE general index and FTSE20 have experienced significant losses today, mostly due to the banking sector influence that attracted 58%^of the total volume. Specifically, the market suffered considerable losses of 2.6% closing at 81 points – the lowest in the past 4 ½ years – while FTSE20 with losses of 3.7% dropped to 308.4 points. Since the beginning of this year, the CSE index and FTSE20 had losses of more than 37% and 40% respectively.
The volume of the day reached CYP 622 thousand, while the Bank of Cyprus attracted a considerable investors’ interest (36.7% of the total volume) and closed at CYP 1.10 (losses of 5.2% or 6 cents – new 3-year low). Similarly, the Bank of Cyprus warrant – with 5.1% marketability – suffered significant losses of 20% as well falling to 14 cents, while the Popular Bank and the Hellenic\Bank have also accumulated losses of 2.9% and 1.5%, falling to CYP 1.02 and 68 cents respectively. CPB had 14.1% and HB 3% of today’s volume.
Banking titles were particularly negative this year. Specifically, BOCw – having dropped by 69 cents - experienced the most considerable losses of 83% (last year closed at 83 cents). BOC had losses of 42%, CPB of 34% and finally HB of 23%.
Overall, 63 securities fell. Global and Nemesis – with losses of 15.2% and 10.3% and turnover 0.6% and 1.4% - closed at 6,7 cents and 13 cents respectively. Tsokkos accumulated losses of 3.8% falling to 15.3 cents, while Hadjiioannou Farm - with turnover 6.5% - remained unchanged closing at 9.7 cents. 20 securities went up and 15 remained stable.
The CSE general index and FTSE20 have experienced significant losses today, mostly due to the banking sector influence that attracted 58%^of the total volume. Specifically, the market suffered considerable losses of 2.6% closing at 81 points – the lowest in the past 4 ½ years – while FTSE20 with losses of 3.7% dropped to 308.4 points. Since the beginning of this year, the CSE index and FTSE20 had losses of more than 37% and 40% respectively.
The volume of the day reached CYP 622 thousand, while the Bank of Cyprus attracted a considerable investors’ interest (36.7% of the total volume) and closed at CYP 1.10 (losses of 5.2% or 6 cents – new 3-year low). Similarly, the Bank of Cyprus warrant – with 5.1% marketability – suffered significant losses of 20% as well falling to 14 cents, while the Popular Bank and the Hellenic\Bank have also accumulated losses of 2.9% and 1.5%, falling to CYP 1.02 and 68 cents respectively. CPB had 14.1% and HB 3% of today’s volume.
Banking titles were particularly negative this year. Specifically, BOCw – having dropped by 69 cents - experienced the most considerable losses of 83% (last year closed at 83 cents). BOC had losses of 42%, CPB of 34% and finally HB of 23%.
Overall, 63 securities fell. Global and Nemesis – with losses of 15.2% and 10.3% and turnover 0.6% and 1.4% - closed at 6,7 cents and 13 cents respectively. Tsokkos accumulated losses of 3.8% falling to 15.3 cents, while Hadjiioannou Farm - with turnover 6.5% - remained unchanged closing at 9.7 cents. 20 securities went up and 15 remained stable.
3287.99
1275.09
