NEWS OF THE DAY
Mass sell-off in the CSE
The Cyprus Stock Exchange is under fresh pressures on Monday, affected by the negative course of the Athens Stock Exchange and the domestic concerns on the course of the banks. On the other hand, the European markets are currently up.
Specifically, the CSE general index records intraday losses that were last seen in mid-May 2009, hitting new low.
The index is down 5.67% to 1273.92 points, while FTSE dives 5.56% to 434.19 po