The Bank of Cyprus stock reached the €5.00 mark on its first day of trading on the Athens Stock Exchange (ASE), marking its return to the Greek market after seven years.

According to ASE data, investor interest in the bank's shares (BOCHGR) amounted to €2.27 million, surpassing the volume on the Cyprus Stock Exchange (€1.13 million). During the first trading day, 457,902 shares of the bank were exchanged across 640 transactions.

With the initial listing price set at €4.78, the stock opened at €5.10, which was also the highest intraday price, with the lowest at €4.90. The stock closed at €5.00, representing a 4.60% increase.

Notably, according to ASE data, Bank of Cyprus shares recorded the fifth-highest percentage increase, following Frigoglass (9.88%), AVAX (8.64%), General Commercial and Industrial (GEVKA with 4.74%), Intracom Holdings (INTKA 4.65%), and National Bank of Greece (NBG 4.65%).

In a speech during the trading debut ceremony, the Chairman of the Board of Directors, Takis Arapoglou, reiterated that “we decided to move to the ASE, believing that our stock will gain even more liquidity, as it will attract the attention of more analysts and investors, making it more comparable to banks with similar business models to ours in the Southeast Europe region.”