Cyprus Stock Exchange performance update for the week

Following the Easter holidays, the Cyprus Stock Exchange showed significant upward momentum throughout the week. On Wednesday, the General Index rose by 3.28% to 284.08 points, with a trading volume of €270,526.97. Thursday saw marginal gains, with the index climbing 0.2% to 284.64 points, supported by a trading volume of €194,623.54. By Friday, the General Index reached 291.49 points, marking a 2.41% daily increase and a total weekly gain of 5.97%. The FTSE/CySE 20 index followed this trend, closing at 172.40 points on Friday. Bank of Cyprus attracted the highest investment interest, consistently remaining among the most traded stocks throughout the period. Other major traded stocks included Demetra Holdings, Petrolina, and Atlantic Insurance. Overall market activity saw 266 transactions on the final day, with varying performances across sectors such as Investment Companies and Hotels.