Bank of Cyprus share scores gains in first day of trading

Bank of Cyprus Holdings shares made a positive start on the first trading day, both in the London and the Nicosia markets, reflected in increased trading volume and price.

According to the Cyprus Stock Exchange, the bank’s share was traded at €3.43 at 1:10 pm today, which is 6.5 per cent up compared to the opening price of €3.22. The trading volume of the bank’s share exceeded €1m.

At the London exchange, the price of the share fluctuated at similar levels with the exception of a single transaction involving the “ordinary trade” of 10,000 shares at 11:02 am local time at €4.45, according to its website.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.