Chart Talk

BOC shares rallied from last week’s low with the price action resembling the action in November 2005 when on 25 & 30, the 90-day was tested twice (at 2.24) and held and

New Cyprus parliament to meet on June 1

The newly elected members of the Cyprus House of Representatives will convene for a plenary session on Thursday June 1 for the first time since the election on May 21. The election

Euro breaks higher

EUR/USD: The euro has completed its correction and is now on its way up with market attention fixed on the likely appointment of Don Evans succeeding TreasySec. John Snow. While Snow was

LUI expects 2006 profits higher

Louis Group Public Co. Ltd. (LUI) announced that it expects this year’s net profits to be substantially better than last year’s CYP 8.03 mln despite a near doubling in first quarter losses.

SFS profits surge 256% in Q1’06

SFS Group Public Co. Ltd. (SFS) reported a spectacular 256% increase in net profit for the first quarter of 2006 as total income surged 32% on the back of an improvement in