Banks attract 50% of the turnover

Considerable losses for BOC and CPB

In the face of Central Bank’s decision about interest rates, this week’s CSE General Index ended with losses of 0.4% reaching 85.5 points. Investors were absent and volume reached only CYP 320 thousand.

The FTSE20 index – mostly pressed by the Bank of Cyprus and the Popular Bank that equally fell 1.6% and 0.9% - fell to 339.5 points and –0.9%.

Today, banks were at the center of investors’ attention (45% of the total volume), with CPB being the most marketable share attracting 18.1% volume. CPB closed at CYP 1.10, while during the meeting it fell to the low CYP 1.08 (-2.8%). Unlike CPB, the Hellenic Bank (second biggest volume of the day, 14.8%)closed at 72 cent with considerable profits 1.4%, while the Bank of Cyprus with 12.4% turnover fell to the lowest point within the last three years (CYP 1.26)

Hadjiioannou Farm attracted 8.6% reaching 9.5 cent, while Louis closed at 14.1 cent, with 5% marketability and 1.4% drop. BOC’s warrants - with 4.2% of the turnover and 1.4% losses – closed at 21.4 cent.

CHAPO closed at 15.9 cents and 1.6% volume while Libra’s bonds raised considerably by 6.6%, reaching 32.5 cent and 4.7% marketability. mobility.

38 securities went up, 41 fell and 24 remained stable.