The Association of Investment Firms of Cyprus has voted in favour of the recommendation of the CSE Council for the commencement of the “Common Trading Platform” (CTP) with the Athens Exchange on Monday 30 October 2006. We also note the high probability of the CSE being closed for business on Thursday 26 and Friday 27

Sterling may stage a counter-rally today following yesterday’s big move down as the recent dollar rally runs out of steam. Assuming that the 1.8510 support is not broken, then long sterling positions may be a better strategy for a rebound back to the previous support now resistance line of 1.8590, or even to 1.8650 area.

Engel & Völkers, the leading real estate agency specialised in the sale of high-class residential and commercial properties in the most exclusive locations is offering Cypriot investors the unique opportunity to secure one of the 80 partnership licenses that are being offered for Greece. Andreas Matsas, Managing Director of Engel & Völkers (Greece & Cyprus),

Bank of Cyprus share powered ahead to a record new close of EUR 8.70 or CYP 5.02 on the Athens Stock Exchange on Wednesday, on the same day that the CSE announced that the official launch of the common trading platform with ATHEX will be on October 30. The rally on BOC shares however, had

Nokia announced the Flexi WiMAX Base Station, an innovation that will revolutionize the way broadband wireless networks will be built while minimizing operating and capital expenditures for broadband wireless operators. Operators will benefit from the small and modular design of the Flexi Base Station, which can optimize the costs of siting and operating WiMAX infrastructure.