Heavy losses on the CSE. International uncertainty “touched” Cyprus
The CSE suffered heavy losses on Monday, with banking stocks under heavy pressure as investors remained jittery despite the deal to buy Credit Suisse from UBS. The General Index (at 13:08) fell by 3.60%, trading at 100.81 points. The FTSE/CySE 20 Index was at 60.88 points, showing losses of 3.64%. Large sales of mainly bank … Read more