-+4% for CPB and +2.8% for BOC
-Noteworthy gains for BOCw

The CSE general index has experienced significant gains of 1.4% reaching 80.5 points, mostly influenced by banks that bounced off their sharp declines and ended up the session with considerable gains. Similarly, FTSE20 was 2.4% higher at 305.7 points. Both FTSE20 and CSE general index reduced weekly losses to 4.5% and 3.2% respectively.

Specifically, the Bank of Cyprus jumped 2.8% to CYP 1.09, the Popular Bank surged 4% to CYP 1.03, while the Hellenic Bank climbed 1.5% to 67 cents. BOCw was sharply higher to 14.1 cents with gains of +11.9% and turnover of 2.7%.

Today’s volume reached CYP 920 thousand, while weekly turnover reached CYP 2.9 million. The Bank of Cyprus attracted a considerable investors’ interest (19.8% of the total volume or CYP182 thousand), while the other marketable stocks of the day were the Popular Bank (12%), Era Split Income (9.1%), Era Split Capital (7.4%) and the Hellenic Bank (6.3%). ESI and ESC – due to pre-agreed packages - jumped 8% and 6.9% to 13.5 and 15.5 cents respectively.

In addition, Kronos (5.5% of the turnover) had gains of 2.3% closing at 26.6 cents, Hadjiioannou Farm (3.2% of the turnover) inched up 2.1% to 9.7 cents, Prochoice (2.9% of the turnover) slid 5.6% to 6.8 cents and Logicom (2.4% of the turnover) climbed 7.6% to 12.7 cents.

Overall, 56 securities went up, 22 fell and 16 remained unchanged.