Laiki touches CYP 3.00 backed by Marfin

Laiki Bank (CPB) shares powered ahead on Wednesday on the CSE touching the psychological level of CYP 3.00 for the first time in many months, backed by steady buying interest from Marfin

CTC extends Ermes offer

Due to the significant interest expressed by the shareholders of Woolworth (Cyprus) Properties Public Ltd and the investing public for the acquisition of shares of Ermes Department Stores Public Ltd within the

Muskita to invest in its UK plant

The Board of Directors of Muskita Aluminium Industries Plc decided to proceed with an investment of EUR 1.5 mln for the purchase and installation of robotic manufacturing machines and robotic storage space

Euro toppish at 1.2770

The euro is seen toppish at near term resistance of 1.2770 against the dollar, which may hold the currency down. In the event of a break however, the euro will manage to

ATE reveals hedge fund exposure

ATE Bank revealed that it has invested up to EUR 800 mln in some relatively higher risk instruments in an effort to raise total portfolio return. These are multi-structure instruments, a large