Cyprus stocks slide as bourse reopens after 2 weeks

The Cyprus General Market Index declined the most in three weeks as the stock market reopened on Tuesday following a two-week shutdown imposed as policymakers wrangled over the terms of a 10-billion-euro bailout.

The benchmark measure retreated 2.6 percent to 99.46 at the close.

Cyprus’s stock exchange said trading in the shares of Bank of Cyprus and Cyprus Popular Bank would be suspended through April 15 to protect shareholders.

[Combined reports]