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  • Overall, the MSE Share Index edged 0.2% higher to 3,511.045 points compared to its 2013 high of 3,518.919 points reached on 12 August 2013. Download a copy of the Equity Market Summary.
  • On the bond market, the Rizzo Farrugia MGS Index eased a further 0.1% to a 3-week low of 1,018.840 points as Eurozone yields approached the 1.75% level this morning. However, this afternoon benchmark yields slipped back to the 1.70% level after the European Central Bank (ECB) announced that it cut its reference rat rate by 25 basis points to a historically low 0.25% in order to combat the declining rate of inflation in the region. Meanwhile, the Bank of England (BoE) maintained its interest rate unchanged at 0.5% and its asset purchase target at GBP375 billion.
  • The shares of BOV remained well supported as further demand emerged during this morning’s session to lift the equity by a further 0.8% to €2.622 on volumes of just over 23,000 shares. BOV shares will trade with the entitlement to the final dividend of €0.13 per share until Thursday 14 November.
  • Positive movements also in the share price of MIDI which edged 4% higher to €0.26 on high volumes of 107,400 shares. Recently, the Company announced that it has already sold almost three quarters of the 39 apartments available in the Q1 block residential apartments.
  • Grand Harbour Marina shares also trended 1.2% higher during this morning’s session on a single trade of 5,100 shares.
  • On the other hand, MaltaPost eased by 0.6% to €1.06 across two deals totalling just 2,450 shares.
  • Meanwhile, HSBC maintained the €2.65 level on a deal of 4,000 shares.
  • Similarly, a further 4,500 MIA shares traded at the €2.10 level across two deals. The airport operator is expected to publish its October traffic results in the coming days.
  • Amongst the large cap equities, GO also ended the session unchanged as it held on to the €1.54 level across eight trades totalling 12,200 shares.
  • Crimsonwing held on to its all-time high of €0.85 on a trade of 8,000 shares.
  •  Thin volumes also in RS2 Software with just 633 shares changing hands at the €2.30 level.
  • Markets now awaiting the Interim Directors’ Statements of all listed companies with a December year end which should be published over the next few days. These announcements provide an update on the respective company’s performance since the half-year end.

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