Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Cyprus Stock Exchange: Review of Developments for September 2000

Date 30/10/2000

During September there was a slight decrease in the General Price Index and a particular increase in the value of shares traded compared to August. The various figures and statistics are analysed below.

Prices

The last day of the month General Price Index was 358.86 points. It is worthy to mention, however, that the highest level that the index reached for the month was 401.00 points. On a sectoral level, sub-indices reached the following points: Banking sector 472.59%, Approval Investment companies sector 262.87%, Insurance companies sector 174.12%, Manufacturing sector 116.60%. Tourism sector 245.53%, Trading sector 104.80%, and finally the Other Companies sector 391.23%.

Market Capitalization

The total market capitalisation (shares) reached £9,008 billion from £8,407 billion the previous month registering an increase of 7.14%. According to this month results the Banking sector accounted for 46.29% of the total market capitalisation, the Miscellaneous Companies sector 31.15%, and the Tourism sector 6.43%. The Trading sector 3.90%, the Manufacturing sector 5.12%, the Approved Investment Companies sector 6.03%, the Insurance sector 1.09% respectively, of the total market capitalisation. Moreover the total market capitalisation including the Corporate and Government bonds increased to £10,422 billion compared to £9,638 billion at the previous month registering an increase of 8.13%.

Transactions

The total value of transactions during the month in review reached £514 million with an average of £24 million per trading session. The Miscellaneous sector contributed 60.86% of the total value traded, which was the highest, whereas the Government Bonds had the lowest contribution with 0.01%.

Investors primarily focused their interest on the shares of L.K.Globalsoft.Com Ltd and Toxotis Investments Ltd with 21.41% and 6.01% respectively.