CSE roars, deficit at 3.9%

Financial Mirror (Cyprus) - - FRONT PAGE -

The Cypriot bourse roared to another record close, the high­est in 3 ? years, with in­sti­tu­tion­als such as Deutsche Bank is­su­ing strong ‘buy’ sig­nals on BOC, while the state bud­get deficit hit 3.9% of GDP in the sec­ond quar­ter, ac­cord­ing to the Fi­nan­cial Mir­ror is­sue 637, on Septem­ber 21, 2005.

The Cyprus Stock Ex­change broke a new high in three and a half years as the rally on bank­ing shares showed no sign of cool­ing down. The main driver was Laiki, 5% up at CYP 1.69, its high­est since Au­gust 2001. BOC saw a mod­er­ate 0.4% gain to CYP 2.34, driven mainly by in­ter­est in Athens, with a

CSE roars:

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