The initial public offering attracted buyers for the full 105 million shares being sold in CTT, S.A.
Subway is closed for the fourth time this year as workers continue their protests against austerity measures.
The economy grew a quarterly 1.1 percent in the second-quarter after for 10 straight falls.
The success in raising $3.9 billion on international markets was a welcome positive sign for European leaders eager to put a three-year financial crisis behind them.
Plans to cut 30,000 civil service jobs as it tries to meet the terms of its €78 billion ($102 billion) E.U. bailout.
Both countries get seven more years to pay their bailout loans to ease the burden on their economies. | Digest: Cyprus seeks front loading of bailout money
Fully restoring the country's financial health will take decades and "the efforts of a generation," said Finance Minister Vitor Gaspar's.
