Equity traders decided to lock in some of their recent gains on the shares of Bank of Cyprus, forcing the stock to halt its spectacular advance of the past fortnight, which saw cumulative gains in excess of 20%. BOC ended Monday trading 2.1% lower on the CSE at CYP 2.33 per share, while in Greece,

The Cyprus Commission for the Protection of Competition slapped a CYP 50,000 fine on the dominant telecoms operator, the Cyprus Telecommunications Authority (CyTA) on Thursdya September 15 after finding it guilty of abusing a dominant position. In a statement the competition commission said “With regards to its own initiative investigation of CYTA, the Commission for

Years of planning came to fruition for Bartercard, when it went public in the London Stock Exchange (Alternative Investment Markets – AIM). The new name is Bartercard PLC. Bartercard, the World’s largest Trade Exchange, is now a Public Company on the London Stock Exchange, enabling the general public and everybody connected with the global organisation

Deutsche Bank commenced its coverage of Bank of Cyprus shares with a buy recommendation and a market price of EUR 4.72 or CYP 2.70. The target price provides for a 22% upside potential based on current level of EUR 4.20 trading in Greece and CYP 2.37 trading on the CSE. Deutsche Bank analysts note in