Options replaces LB in FTSE 20

The Cyprus Stock Exchange announced that Options Cassoulides Public Co. Ltd. (OPT) will replace Lanitis Bros Public Co. (LB) in the CSE/FTSE 20 index effect April 19, 2006 following a decision made

Demetra shares surge 45%

Demetra Investment Public Co. (DEM) has seen its share price surge more than 45% during the first four months of the year, very close to the 50% plus rally for the CSE

BOC secures Russia permit

The first stage of approval for the establishment of a banking subsidiary in Russia by the Bank of Cyprus Public Company Ltd has been successfully completed. The first stage of approval was

BOC among UBS top 10 Global list

…Greek banks seen as takeover targets The multinational giant UBS has placed the shares of Bank of Cyprus Group Public Co. Ltd. (CSE:BOC, ASE:KYPR) among its top 10 investment picks for the

BOC hits EUR 7.4 in Greece

Bank of Cyprus shares rallied sharply higher on Tuesday in Greece to a fresh record close of EUR 7.40 or CYP 4.26 on heavy buying interest by foreign funds, which lifted total

Oil hits USD 70 early Monday

The New York crude oil price hit USD 70 per barrel on Monday for the first time August 31, just after hurricane Katrina ravaged the coast of America. The main cause of