Prices
On the last day of the month General Price Index was 407.1 5 points. It is worthy to mention, however, that the highest level that the index reached for the month was 468.11 points. On a sectoral level, sub-indices reached the following points: Banking sector 5 1 5.62%, Approval Investment companies sector 282.33%, Insurance companies sector 284.1 8%, Manufacturing sector 1 42.98%. Tourism sector 340.08%, Trading sector 1 48.97%, and finally the Other Companies sector 422.95%.
Market Capitalisation
The total market capitalisation (shares) reached CYP9,053 billion from CYP8,748 billion the previous month registering an increase of 1 .52%. According to this month results the Banking sector accounted for 5 1 .80% of the total market capitalisation, the Miscellaneous Companies sector 2 1 .69%, and the Tourism sector 7.20%. The Trading sector 4.9 1 %, the Manufacturing sector 6.4 1 %, the Approved Investment Companies sector 6.22%, the Insurance sector 1 .78% respectively, of the total market cap. Moreover the total market capitalisation including the Corporate and Government bonds increased to CYP1 0,548 billion compared to CYP1 0,390 billion at the previous month registering an increase of 1 .50%.
Transactions
The total value of transactions during the month in review reached £475 million with an average of £23 million per trading session. The Miscellaneous sector contributed 26.96% of the total value traded, which was the highest, whereas the Government Bonds had the lowest contribution with 0.0 1 %. Investors primarily focused their interest on the shares of Bank of Cyprus Ltd and Cyprus Popular Bank Ltd with 7.52% and 7.20% respectively.
