Cyprus Stock Exchange performance overview

The Cyprus Stock Exchange (CSE) recorded declines during the final two trading sessions of the week. On Thursday, the General Index closed at 288.87 points, a fall of 0.75% with transactions worth €296,543.31. By Friday, the index fell further to 286.73 points, down 0.74%, bringing the total weekly decline to 2.67%. Market analysts attributed this downward trend to international uncertainty stemming from the situation in Iran and rising oil prices, which negatively affected global stock markets. On Friday, trading volume dropped to €149,477.97 across 93 transactions, with 8 stocks falling, 2 rising, and 4 remaining stable. Bank of Cyprus shares were the most active on both days, closing at €9.40 on Thursday and €9.30 on Friday. Other key stocks including Demetra Holdings, Cyprus Cement, and Vassiliko Cement also saw varied performance throughout the period.