The CSE suffered heavy losses on Monday, with banking stocks under heavy pressure as investors remained jittery despite the deal to buy Credit Suisse from UBS.
The General Index (at 13:08) fell by 3.60%, trading at 100.81 points. The FTSE/CySE 20 Index was at 60.88 points, showing losses of 3.64%. Large sales of mainly bank securities are recorded, with the total volume of transactions so far amounting to €228,007, of which €34,492 in bond transactions.
All individual stock market indices registered losses. The biggest losses were presented by the Main Market with 4.29%, Hotels with 1.69%, Investment Companies with 0.91% and the Alternative Market with 0.44%.
The securities of Bank of Cyprus with €122,988 (down 6.56%), Hellenic Bank with €56,681 (down 6.67%), Blue Island with €3,180 (up 0.62%), attracted the most investment interest. Atlantic Insurance with €3,160 (down 0.63%) and Logicom with €2,438 (up 0.96%).
Of the stocks being traded, four were up, six were down and two were unchanged. The number of transactions amounted to 126.
Source: KYPE
The CSE suffered heavy losses on Monday, with banking stocks under heavy pressure as investors remained jittery despite the deal to buy Credit Suisse from UBS.
The General Index (at 13:08) fell by 3.60%, trading at 100.81 points. The FTSE/CySE 20 Index was at 60.88 points, showing losses of 3.64%. Large sales of mainly bank securities are recorded, with the total volume of transactions so far amounting to €228,007, of which €34,492 in bond transactions.
All individual stock market indices registered losses. The biggest losses were presented by the Main Market with 4.29%, Hotels with 1.69%, Investment Companies with 0.91% and the Alternative Market with 0.44%.
The securities of Bank of Cyprus with €122,988 (down 6.56%), Hellenic Bank with €56,681 (down 6.67%), Blue Island with €3,180 (up 0.62%), attracted the most investment interest. Atlantic Insurance with €3,160 (down 0.63%) and Logicom with €2,438 (up 0.96%).
Of the stocks being traded, four were up, six were down and two were unchanged. The number of transactions amounted to 126.
Source: KYPE
The CSE suffered heavy losses on Monday, with banking stocks under heavy pressure as investors remained jittery despite the deal to buy Credit Suisse from UBS.
The General Index (at 13:08) fell by 3.60%, trading at 100.81 points. The FTSE/CySE 20 Index was at 60.88 points, showing losses of 3.64%. Large sales of mainly bank securities are recorded, with the total volume of transactions so far amounting to €228,007, of which €34,492 in bond transactions.
All individual stock market indices registered losses. The biggest losses were presented by the Main Market with 4.29%, Hotels with 1.69%, Investment Companies with 0.91% and the Alternative Market with 0.44%.
The securities of Bank of Cyprus with €122,988 (down 6.56%), Hellenic Bank with €56,681 (down 6.67%), Blue Island with €3,180 (up 0.62%), attracted the most investment interest. Atlantic Insurance with €3,160 (down 0.63%) and Logicom with €2,438 (up 0.96%).
Of the stocks being traded, four were up, six were down and two were unchanged. The number of transactions amounted to 126.
Source: KYPE