Cyprus stock exchange market report for Monday and Tuesday
The Cyprus Stock Exchange (CSE) experienced fluctuations over the two-day period. On Monday, the General Index rose by 0.76% to close at 304.75 points with a daily turnover of €266,651.93, while 8 stocks moved higher and 8 lower. On Tuesday, the General Index saw a marginal increase of 0.26% to 305.54 points with a turnover of €360,083.71, supported primarily by the Main Market index. The FTSE/CySE 20 index fell by 0.11% on Monday and 0.35% on Tuesday. Trading on Tuesday involved 106 transactions, resulting in 7 stocks gaining, 6 losing, and 5 remaining unchanged. Bank of Cyprus was the most active stock on both days, recording a price of €9.70 on Monday and €9.80 on Tuesday. Additionally, the CSE announced the listing of 524,309,257 shares of Easternmed Real Estate Capital Plc via private placement. The performance of sub-indices varied significantly, with the hotel index dropping by 3.05% on Tuesday after remaining stable on Monday.