News Centre

ITC Infotech Launches Kondor Support Services - Strengthens Relationship With Misys By Launching ITC Infotech’s Kondor Services Exclusively For Misys Kondor Customers

Date 21/03/2013

ITC Infotech, a leading global IT services and solutions company and fully owned subsidiary of ITC Ltd, has expanded its strategic partnership with Misys to deliver Kondor Support Services to Misys customers. ITC Infotech will offer IKONS (ITC Infotech Kondor Services) to customers of Misys globally.

Lahore Stock Exchange: Capital Market Players In SARC Region Support The Agenda Of The Regional Financial Integration Within South Asia

Date 21/03/2013

“SAFE’s project on developing a harmonized regulatory framework shall serve as a first step towards building a financially integrated south Asian region”, said Mr. Aftab Ahmad Ch., MD Lahore Stock Exchange and Secretary General SAFE during a press briefing session held by SAFE of its USAID Small Grants Program funded project on developing a regionally harmonized regulatory framework, on Thursday, 21st March 2013, at Lahore Stock Exchange, Lahore.

Cyprus Securities and Exchange Commission: Inaccurate Reports In The Media

Date 21/03/2013

The Cyprus Securities and Exchange Commission (“the Commission”) wishes to draw the attention of investors to the fact that the various publications that appear today, particularly in the electronic media, refering to the Commission's decision to "close" the Laiki Bank Ltd (Cyprus Popular Bank Public Co Ltd), do not correspond to reality. 

HKEx: Stock Exchange Participants' Market Share Report

Date 21/03/2013

Updated: 21/03/2013

Cyprus Stock Exchange Extension Of Trading Suspension

Date 21/03/2013

The Cyprus Stock Exchange (CSE) further to the announcement dated 19 March 2013, announces that by a decision of the Chairman of the Council and the Director General- CEO of the CSE, taken in accordance with Article 183 of the Securities and Stock Exchange Law, which was ratified by the Council of the Stock Exchange in today's extraordinary meeting in accordance with Article 184 of the Law and in view of the developments in the economy and the continuation of the bank holiday, the suspension of trading of all securities listed on the Stock Exchange is extended for the purpose of ensuring the proper functioning of the Stock Market and to protect investors. This decision was taken for the same reasons mentioned in CSE’s announcement dated 19 March 2013.

Russell Frontier Europe Index: Within The Frontier Markets Of Europe, Cyprus Returned 8.2% YTD As Of March 18th

Date 21/03/2013

The Russell Frontier Europe Index has returned 5.8% year-to-date as of March 18^th, with country constituent Cyprus returning 8.2% year-to-date as the Cypriot government announced a levy on bank deposits in the country to meet euro-zone bailout terms over the weekend.

February Foreign Customer Trades On Tokyo Commodity Exchange Renewed Record

Date 21/03/2013

The Tokyo Commodity Exchange, Inc announced today that the monthly volume of customer trades (sell & buy) originating overseas totalled 1,920,053 contracts, 31.4% of the total volume in February 2013. It topped the all time record renewed in January 2013 at 1,662,426 contracts after 15 months.

Securities Commission Malaysia Charges Three Former Directors Of Axis Incorporation Berhad

Date 21/03/2013

The Securities Commission Malaysia (SC) today charged three former directors of Axis Incorporation Berhad (Axis) for providing false information to Bursa Malaysia Securities Berhad between 2006 and 2008.

European Parliament: Statement Of Conference Of Presidents On Cyprus Banking Sector

Date 21/03/2013

Following the Open Conference of Presidents in the European Parliament on 20 March 2013 on the outcome of the Spring European Council where the issue of the Cyprus banking sector was raised, European Parliament President Martin Schulz on behalf of the majority of political group leaders in the European Parliament Conference of Presidents - EPP Joseph Daul, S&D Hannes Swoboda, ALDE Guy Verhofstadt, Greens/EFA Rebecca Harms and Daniel Cohn-Bendit, ECR Martin Callanan, made the following statement:

"On the Cyprus banking issue, the Conference of the Presidents is deeply concerned and takes a position that deposits of less than €100 000 should be exempted from any levy. A fairer and sustainable solution for the Cypriot people must be found. We need a European solution to the Cyprus problem, not an external one. Ordinary people's savings should not be used to bail out the banking sector.

FTSE Licenses MCX Stock Exchange Limited With The Industry Classification Benchmark (ICB)

Date 21/03/2013

FTSE Group (“FTSE”), the award winning global index provider, announces that MCX Stock Exchange Limited (MCX-SX), is adopting the Industry Classification Benchmark (ICB), the global company classification standard, across its listing and index offerings.