Cyprus Stock Exchange recovers with weekly gains

The Cyprus Stock Exchange (CSE) concluded the second five-day period of October with a weekly gain of approximately 1%, successfully recovering from significant losses recorded during the previous week. On Friday, October 16, 2026, the General Index closed at 310.80 points, reflecting a daily increase of 0.53%, while the FTSE/CySE 20 index reached 182.62 points with a 0.54% gain. The total value of transactions amounted to 135,867 euros.

Sector performance varied, with the Main Market rising by 0.77% and Investment Companies gaining 0.36%. Conversely, the Alternative Market declined by 0.27%, while the Hotel index remained unchanged. Logicom dominated trading activity with a volume of 62,662 euros, closing at 2.70 euros without price changes. Bank of Cyprus followed with 46,118 euros in turnover, rising 2.24% to 10.48 euros. Other notable stocks included Demetra Investment, which rose 0.37% to 1.365 euros, and Louis, which saw a 0.92% decline to 0.108 euros. The current market status reflects a period of stabilization following the volatility experienced in the prior week.