Bank of Cyprus shares roared past the CYP 2.00 level, touching an intra-day high of CYP 2.03 on the CSE on Thursday before closing at CYP 2.01 per share while in Greece, the Bank’s shares continued their upward march, trading at EUR 3.56 or CYP 2.04 in mid-day Thursday trading. BOC shares attracted 848.000 shares

Lanitis Bros. (LB) reported a significant improvement in first half results on the back of higher export sales as well as the distribution and selling of the prepaid areeba mobile phone cards. Total turnover increased by 14.1% year-on-year to CYP 27.03 mln from CYP 23.7 mln a year ago. Revenues from the production and distribution

SFS Group Public Ltd. reported an improvement in first half performance during the first half of 2005, but this was mostly as a result of the share of profits from associate companies, which managed to benefit from the advance in the broader market index during the period. SFS Group, which comprises of shipping, commercial and

The sharp increase in the value of the dollar and oil took its toll on the results of Louis Public Co. (LUI) with first half losses surging to CYP 5.44 mln from CYP 1.4 mln first half losses a year ago. While turnover during the first half of 2005 increased 16.4% year-on-year to CYP 58.77

The Central Bank of Cyprus announces that during the auction conducted on August 25, 2005 for the acceptance of deposits of 7-day duration, bids amounting to CYP 209.0 mln were submitted. An amount of CYP 140.0 mln was absorbed at a weighted average allotment rate (yield) of 2.73%. The minimum and maximum allotment rates were

July saw a 9.2% year-on-year rise in the number of Cypriots travelling abroad, reaching 113,737 people or about one in seven of the population in the government-controlled areas. The rise was not as high as in May, when the number of people travelling abroad rose by 31.4% to 82,310. May excursions were boosted by the

Landlines in decline Eight-eight percent of enterprises in Cyprus have access to the Internet, while 94% of them have at least one computer, according to new data from the Statistical Service. This compares with only 43% of households with a computer and 29% with Internet access. However, the data also show that Internet usage has