Dialogos

Sharp Decline in Cyprus Stock Exchange for Second Consecutive Day

Published March 3, 2026, 17:02
Sharp Decline in Cyprus Stock Exchange for Second Consecutive Day

The Cyprus Stock Exchange (CSE) experienced a significant decline for the second consecutive day, influenced by concerns stemming from the conflict in the Middle East. The General Index fell by 3.29% to 269.37 points, while the FTSE/CySE 20 decreased by 2.01% to 164.1 points. The total trading volume reached €800,165.28. All stock market indices recorded losses, with the Main and Alternative Markets falling by 3.99% and 0.90% respectively. Investment Firms and Hotels saw declines of 0.96% and 2.44% respectively. Bank of Cyprus attracted the most investment interest with trades worth €616,169.22, although its share price decreased by 2.68%. Shares of Demetra Investment, Logicom, Eurobank, and Cyprus Cement Company followed, with corresponding losses. Overall, 4 shares moved upwards, 10 downwards, and 7 remained stable, with the number of transactions reaching 300. Simultaneously, the CSE announced an extension of the suspension of trading in shares of Mr. Pengu Public Company Ltd for two months, due to the non-submission of financial reports.