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Cyprus News Agency: News in English (AM), 99-10-05

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] Stock Exchange - Index increase
  • [02] Russian Ambassador - Investment Bank - Krasnodar
  • [03] Cyprus Stock Exchange

  • 1345:CYPPRESS:01

    [01] Stock Exchange - Index increase

    Nicosia, Oct 5 (CNA) -- The Cyprus Stock Exchange (CSE) General Index went up by 8,7 per cent today, second day after the four-week closure of the island's stock market.

    The all-share Index closed at 451,01 compared to 414,95 yesterday.

    CNA GG/GP/1999
    ENDS, CYPRUS NEWS AGENCY
    1450:CYPPRESS:02

    [02] Russian Ambassador - Investment Bank - Krasnodar

    by George Yiannaki

    Nicosia, Oct 5 (CNA) -- Cyprus Finance Minister Takis Klerides will inaugurate on October 15 the Investment Bank of Kuban, the first investment bank to operate in Russia with foreign capital.

    Three quarters of the Bank's starting capital which is 1,5 million Cyprus pounds will by provided by the Cyprus Development Bank (CDB) and the remainder by the European Bank for Reconstruction and Development (EBRD) (one Cyprus pound is trading at 1,86 US dollars).

    CNA GG/GP/1999
    ENDS, CYPRUS NEWS AGENCY
    1400:CYPPRESS:03

    [03] Cyprus Stock Exchange

    Nicosia, Oct 5 CNA) -- The Cyprus Stock Exchange (CSE) All Share Index closed at today's stock exchange meeting as follows:
          CSE General Index                         451.01 ( 8.69)
    
          Traded Value            CYP 14,566,208
    
          Sectural Indices
    
          Banks                   CYP 9,831,734     649.00 ( 8.39)
          Approved Investment
          Companies               CYP   346,248     255.58 ( 3.54)
          Insurance Companies     CYP   172,408     194.08 ( 2.60)
          Manufacturing Companies CYP   193,198     143.62 (10.82)
          Tourism Companies       CYP   435,456     307.26 ( 9.46)
          Trading Companies       CYP   926,746     195.14 (18.14)
          Other Companies         CYP 1,048,507     288.66 ( 9.40)
    
    The third column presents the percentage variation of the indices as compared to the last meeting.

    CNA MA/1999
    ENDS, CYPRUS NEWS AGENCY
    CNA ENDS
    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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