2.10% weekly gains
The Cyprus Stock Exchange closed with small losses on Friday, interrupting a week profits. On a weekly basis, gains of 2.10% were recorded.
The General Index closed at 126.10 points, down 0.33%.
The FTSE/CySE 20 closed at 76.42 points, also losing 0.33%. The value of the transactions was €163,387.06.
In terms of individual stock indices, Alternative Market and Investment Companies rose by 0.03% and 0.80% respectively. Losses were recorded by the Main Market, at a rate of 0.38%, while Hotels showed no change.
The biggest investment interest was attracted by the shares of Bank of Cyprus with €80,664.86 (closing price €2.96 – down 1.99%), Salamis Tours (Holdings) with €18,706 (closing price €3.78 – up 1, 07%), Vassiliko Cement Works with €15,000 (closing price €3.00 – no change), Demetra Holdings with €14,707.68 (slope price €0.60 – up 0.84%) and Hellenic Bank with € 14,083.55 (closing price €2.15 – up 0.47%).
Of the shares traded, seven moved up, five moved down and three were unchanged. The number of transactions reached 120.
In the meantime, the Cyprus Stock Exchange announces the suspension of trading of the 13-Week Treasury Bills 5th Issue, Series 2023 (26/05/2023 -25/08/2023), with code GD13E23/TB13E23 from August 22, 2023 until August 24 2023 (inclusive), i.e. until the liquidation of all transactions, in view of the deletion of these securities.
The deletion of the above Treasury Bills from the Stock Exchange and from the Central Depository Register will take place on August 25, 2023.
This decision was taken to clear the transactions, within the framework of investor protection, in accordance with Article 183 of the Law on Securities and the Cyprus Stock Exchange.
In addition, the Cyprus Stock Exchange, following a previous announcement dated May 12, 2023, announces the suspension of trading of the securities of Toriase Public Company Ltd (listed on the NEA Agora), based on article 183 of the Securities and Cyprus Stock Exchange Law due to non-submission and publication of the Annual Financial Report for the year ended 12/31/2022.
The suspension of trading will be effective from Monday, August 21, 2023.
This decision was taken, in the context of the implementation of Policy Decision of the Board of the Stock Exchange according to which if a listed company does not comply within 3 months from the presentation marked (S) on the trading tables and price sheets (N.E.A. Agora), as a result of not submitting and publication of its financial results, then the Stock Exchange will proceed with a suspension of trading of the company's securities (CSE circular 01-2018, 02-2018, dated 23/1/2018).
It is noted that the trading suspension will last for 2 months (ie until October 23, 2023) or sooner if the company complies with the above outstanding financial information.