CSE: Waiting for the leaders’ intentions…
CSE: Waiting for the leaders’ intentions…
13/11/2002 12:18
The stock market remained particularly jittery today, as for the third consecutive session the CSE general index closed at 105 points (105.2 points) and +0.1 per cent amid citizens’ complete ignorance of the leaders’ intentions and the details of the notorious UN peace plan.

Similarly, FTSE20 inched up 0.3 per cent closing at 412.4 points, while today’s trading volume hardly reached CYP 1.6 million.

The investing company Elma Holdings Ltd was the most heavily traded stock of the day attracting 18.2 per cent (or CYP 293 thousand) of the total volume – due to three pre-agreed packages - and ending up 2.3 per cent lower to 8.6 cents. The Bank of Cyprus and the Bank of Cyprus warrant with 16 and 16.5 per cent of the total trading volume rose 0.6 and 1.8 per cent to CYP 1.60 and 58 cents respectively. The other volume leaders of the day were the Popular Bank with 6.4 percent of the turnover and CLR Investments with 6 per cent of the daily volume. Specifically, CPB recorded losses of 0.8 per cent closing at CYP 1.28, while CLL added 0.9 per cent to reach 11.9 cents.

The Hellenic Bank with 4 per cent of the turnover surged 1.2 per cent to 84 cents, while Louis from the “Other companies” sector with 3.7 per cent of the total volume finished only 0.6 per cent higher at 18.4 cents.

As far as the financial sector is concerned, Marketrends with 1.7 per cent of the volume fell 2 per cent to 4.9 cents, SAFS with a turnover of 1.9 per cent went down 0.9 per cent to 11.6 cents, while Sharelink with 0.8 per cent of the total trading volume ended up the session 0.8 per cent higher to 12.4 cents.

Overall, 40 securities went up, 55 fell and 17 remained unchanged.

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