Laiki rating not affected by HSBC move

Citing a report by Moody’s, the international rating agency, Laiki Bank officials said their rating will not change and the outlook for the bank remains unaffected even if HSBC decides to dispose

CSE link with ASE in trouble

Plans by the Cyprus Stock Exchange to link up with the Athens Stock Exchange through a common trading platform where brokers from both markets would have access to the other country stocks,

Improvements in results expected

An increasing number of companies proceeded last week to announce positive profit warnings concerning their 2005 results, with last week’s list including the likes of Top Kinisis, Atlantic Insurance and Universal Bank.

Petrolina expects better results

Petrolina (Holdings) Public Ltd announced that the profits for the full year 2005 are expected to show a significant increase compared to the profits of 2004. Part of the reason leading to

FWW dividend yields 17.5%

The decision by the Board of Woolworth (Cyprus) Properties Public Ltd to declare an interim dividend of 20% on the nominal value of the share, or 4 cents per share gives a