CSE reached 94.3 points
Considerable gains for BOC

The CSE general index – unlike world Stock Exchanges – today reached its highest levels within the last four months climbing to 94.3, while FTSE20 – mostly influenced by the banking sector that gained 2.9% - enjoyed a new day of gains closing at 356.6 points and +3.1%, rising by a total 19.5% since October 10.

The trading volume totaled the remarkable CYP 2.4 million (fourfold than the average of the last months), last seen on May 30.

The Banking titles were once again the volume leaders concentrating more than 1/3 of today’s trading volume. Specifically, the Bank of Cyprus with 15.6% of the turnover reported gains of 4% or 5 cents closing at CYP 1.29, the Bank of Cyprus warrants (attracting more than 130% since October 10) with 7.8% of the total volume increased by 7% to 29 cents, the Popular Bank with 4.5% of the total volume ended 2.6% or 3 cents higher to CYP 1.18, while the Hellenic Bank with 4.6% of the turnover put on 1.3% to 78 cents. Note that since October 10BOC, CPB and HB recorded cumulative gains of 21.7%, 19.2% and 20% respectively.

As far as daily gains are concerned, the Financial sector was once more the leading sector of the day, with Marketrends (0.6% of the turnover) closing at 4 cents and +11.1%, Prochoice (3.6% of the total volume) gaining 7.4% to 8.7 cents and SAFS (1.6% of the turnover) closing 7% higher at 7.6 cents.

Overall, 82 securities went up, 35 fell and 17 remained unchanged.