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  • During this morning’s trading session, the MSE Share Index advanced by 0.6% to 4,308.120 points as five equities closed higher including RS2 Software plc which reached yet another new all-time high of €2.45 on volumes of 16,270 shares. Download a copy of today’s Equity Market Summary.
  • On the bond market, the RF MGS Index reversed yesterday’s decline and moved 0.1% higher to 1,126.452 points as the benchmark 10-year German Bund yield dropped to 0.674% this morning.
  • The day’s top performer, however, was Grand Harbour Marina plc with a 5.8% increase to close at €1.00, albeit on shallow volumes of 2,000 shares. This was the first time that the equity traded since the company published its 2015 interim results. During the period under review, the marina in Malta continued to register improvements despite not registering any long-term berth sales. This was mainly achieved through higher occupancy rate of the berths as well as further control on expenditure. The marina in Turkey also registered improvements in its performance on the back of a better utilisation of the water area.
  • The equity of MIDI plc continued with its positive trend and advanced by 0.3% to €0.36 across 4 deals totalling 30,800 shares. Last week the Company published its 2015 interim results in which it revealed that during the period under review the Group registered an improved net profit figure of €2.95 million compared to the net loss of €0.99 million incurred in the first half of 2014. This was reached on the back of improved revenues largely reflecting the delivery of the first few apartments at the Q1 residential block, a 6.8% increase in income from property and rental management and a tax credit of €3.6 million.
  • International Hotel Investments plc also featured amongst the top gainers as the equity advanced by 2.6% to recapture the €0.80 level across 23,350 shares.
  • The other positive performer of the day was Malta International Airport plc as the airport operator closed the session up by 1.4% to €3.895 across 8,050 shares. Last Friday, the airport operator published its August traffic results showing a 6.1% increase in passenger movements to an all-time monthly high of 585,218 passengers.
  • Most of the other traded equities closed the day unchanged, with the exception of Tigne’ Mall plc which marginally reversed some of its recent gains and closed 0.1% lower to €0.929 across insignificant volumes of 1,000 shares.
  • In the financial services sector, Bank of Valletta plc maintained the €2.30 level across 6,755 shares while high volumes were transacted in HSBC Bank Malta plc (14,090 shares). HSBC’s equity closed unchanged at €1.846 after opening at €1.83. The Bank paid the recently declared interim gross dividend of €0.051 per share (net: €0.0332) today. Meanwhile, Mapfre Middlesea plc closed at its multi-year high of €2.25 across 8,582 shares.
  • Similarly, Medserv plc and Simonds Farsons Cisk plc closed unchanged at their respective all-time highs of €3.00 and €5.55 across shallow volumes.
  • Low volumes were also registered in GO plc and Malita Investments plc as both equites closed unchanged at €3.499 and €0.938 respectively.

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