Pg 1 of 2251234Last »
  • The MSE Share Index trended higher for the fourth consecutive session advancing by a further 0.8% to exceed the 3,900 points level for the first time since January 2010. Download a copy of today’s Equity Market Summary.
  • On the bond market, the Rizzo Farrugia MGS Index edged 0.1% higher to 1,150.946 points as the benchmark Eurozone 10-year Eurozone yield slipped below the 0.5% level as Greece has not yet managed to secure a new debt deal ahead of scheduled payments it has to make to the International Monetary Fund in the coming weeks.
  • In the banking sector, Bank of Valletta plc inched minimally higher to close this morning’s session at the €2.279 level across twenty deals totalling 42,912 shares.
  • Similarly, the share price of HSBC Bank Malta plc moved 1.7% higher to recapture the €1.84 level on lower volumes of 2,300 shares.
  • Amongst the large cap equities, the share price of International Hotel Investments plc also moved 2.6% higher to regain the €0.80 level albeit on an insignificant deal of 400 shares. IHI is scheduled to hold its Annual General Meeting on 11 June.
  • Similarly, the share price of Malta International Airport plc edged 0.3% higher to recapture the €3.37 level across four deals totalling 5,685 shares.
  • GO plc rose by 0.7% to yet another 7-year high of €3.08 on low volumes of 9,700 shares.
  • Medserv plc also performed positively as 2,000 shares changed hands at the €2.16 level representing a 0.5% increase from the previous closing price. Medserv is scheduled to pay its final dividend of €0.056 per share by not later than 23 June.
  • The only other positive performing equity was MIDI plc with a 2% uplift to €0.306 for the first time since February 2014 on volumes of just over 22,000 shares.
  • On the other hand, the share price of Lombard Bank Malta plc slipped by 0.9% back to the €1.85 compared to the previously post-bonus adjusted closing price of €1.867 across 10,000 shares. Last week, the Bank announced that the Investment Bank of Greece S.A. has been appointed to act as financial adviser to the Special Administrator of Cyprus Popular Bank Public Co. Ltd., the largest shareholder of Lombard Bank, in connection with potential transactions involving the disposal of Cyprus Popular Bank’s interest in financial institutions in Russia, Ukraine, Romania, Serbia and Malta.
  • Meanwhile, RS2 Software plc maintained its all-time high of €3.38 across 3,889 shares. RS2 is scheduled to hold its Annual General Meeting on Tuesday 9 June.
  • Likewise, the equity of Malita Investments plc ended this morning’s session unchanged at the €0.96 level on volumes of 4,000 shares.

Responses are currently closed, but you can trackback from your own site.