Significant losses for BOC and BOCw
Despite the expectations for a good performance as supported by Monday’s trading session ( CSE index +5,3% - at 111,7 points), the CSE general index ended this week with losses of 2.9 per cent reaching 102.8 points, while on weekly a basis the index recorded losses of 3.2 per cent.
FTSE20 – mostly pressured by the banking sector that fell 2.9 per cent – fell below 400 points closing at 397.5 points and –4.5 per cent. On a weekly basis, FTSE20 lost 2.4 per cent.
The financial analysts’ urges for self-restraint and carefulness seem to have affected the investing public, as the trading volume of the day hardly reached CYP 3.7 million, that is, 64 per cent lower than Monday’s (CYP 10.3 million).
The Bank of Cyprus Warrants was the most marketable stock of the day, concentrating more than ¼ of the total trading volume and closing at 50 cents and –9.1 per cent. Overall, the banking titles attracted a significant 55 per cent of investors’ interest. Specifically, the Bank of Cyprus with 18.9 per cent of the turnover slipped 5 per cent or 8 cents to CYP 1.51, the Hellenic Bank with 5.5 per cent of the total volume was dawn 3.6 per cent to 81 cents, the Popular Bank with 5.4 per cent of the daily turnover closed 3.8 per cent lower at CYP 1.26, while CLR Investment – that was among the volume leaders of the day with 5.3 per cent of the turnover – fell 5 per cent to 11.4 cents.
The financial sector was among the prominent decliners of the day. Specifically, Sharelink (1.7 per cent of the daily volume) tumbled to 11.3 cents, Marketrends (2.1 per cent of the turnover) ended up 7.4 per cent lower to 5 cents, while SAFS (1.4 per cent of the total volume) slid 6.1 per cent to 10.8 cents. Finally, Tsokkos with 2.1 per cent of the volume recorded losses of 2.1 per cent closing at 17.1 cents.
The financial companies Elma and Cytrustees with 4.4 and 2.2 per cent of the total trading volume, ended up the session 5.6 and 5.8 per cent lower to 8.5 and 49 cents respectively.
Overall, 24 securities went up, 87 fell and 12 remained unchanged.
Despite the expectations for a good performance as supported by Monday’s trading session ( CSE index +5,3% - at 111,7 points), the CSE general index ended this week with losses of 2.9 per cent reaching 102.8 points, while on weekly a basis the index recorded losses of 3.2 per cent.
FTSE20 – mostly pressured by the banking sector that fell 2.9 per cent – fell below 400 points closing at 397.5 points and –4.5 per cent. On a weekly basis, FTSE20 lost 2.4 per cent.
The financial analysts’ urges for self-restraint and carefulness seem to have affected the investing public, as the trading volume of the day hardly reached CYP 3.7 million, that is, 64 per cent lower than Monday’s (CYP 10.3 million).
The Bank of Cyprus Warrants was the most marketable stock of the day, concentrating more than ¼ of the total trading volume and closing at 50 cents and –9.1 per cent. Overall, the banking titles attracted a significant 55 per cent of investors’ interest. Specifically, the Bank of Cyprus with 18.9 per cent of the turnover slipped 5 per cent or 8 cents to CYP 1.51, the Hellenic Bank with 5.5 per cent of the total volume was dawn 3.6 per cent to 81 cents, the Popular Bank with 5.4 per cent of the daily turnover closed 3.8 per cent lower at CYP 1.26, while CLR Investment – that was among the volume leaders of the day with 5.3 per cent of the turnover – fell 5 per cent to 11.4 cents.
The financial sector was among the prominent decliners of the day. Specifically, Sharelink (1.7 per cent of the daily volume) tumbled to 11.3 cents, Marketrends (2.1 per cent of the turnover) ended up 7.4 per cent lower to 5 cents, while SAFS (1.4 per cent of the total volume) slid 6.1 per cent to 10.8 cents. Finally, Tsokkos with 2.1 per cent of the volume recorded losses of 2.1 per cent closing at 17.1 cents.
The financial companies Elma and Cytrustees with 4.4 and 2.2 per cent of the total trading volume, ended up the session 5.6 and 5.8 per cent lower to 8.5 and 49 cents respectively.
Overall, 24 securities went up, 87 fell and 12 remained unchanged.
3287.99
1275.09
