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  • On the bond market, the RF MGS Index suffered the sharpest drop in the last nine days as it fell by 0.36% to an eight-week low of 1,165.118 points. Mr Donald Trump’s victory in the US Presidential election led to a significant upturn in global yields including euro zone sovereign yields. In fact, the 10-year benchmark German Bund yield surged to an eight-month high of 0.31% from 0.18% yesterday. This resulted in a decline across all medium and long-term Malta Government Stock prices.
  • On the equity market, the MSE Share Index drifted lower for the first time in the last four trading sessions as it dropped by a minimal 0.05% to 4,541.830 points, largely reflecting the decline in the share price of RS2. Meanwhile, the equity of BOV also finished the day lower whilst HSBC and Simonds Farsons Cisk posted gains. Download a copy of today’s Equity Market Summary.
  • Five deals totalling 11,812 shares dragged the equity of RS2 Software plc back to the €1.55 level (-3.1%).
  • Bank of Valletta plc retreated by 0.3% to the €2.32 level across 52,630 shares. Shareholders as at close of trading on Monday 14 November will be entitled to a final gross dividend of €0.0852 (net: €0.0554) per share.
  • In contrast, HSBC Bank Malta plc continued to recover from last Friday’s drop as it gained a further 1.1% to the €1.85 level albeit on shallow volumes totalling 3,000 shares.
  • A single deal of just 1,000 shares lifted the equity of Simonds Farsons Cisk plc 0.8% higher to the €6.55 level.
  • Low trading activity also took place in FIMBank plc and Medserv plc. Both closed flat at USD0.89 and €1.48 respectively.
  • Amongst the large companies, Malta International Airport plc traded unchanged at the €4.08 level across 15,829 shares. On Monday, MIA published its October traffic results revealing a 10.4% increase over the same month last year to over half-a-million passengers – the first time that passenger movements exceeded the 500,000 mark in the month of October. During the first ten months of 2016, MIA registered a 7.8% increase in passenger movements to 4.4 million when compared to the same period last year. In July, MIA had revised upwards its passenger forecast for 2016 to +7.5% to an estimated throughput of 4.97 million passengers.
  • GO plc held on to the €3.23 level after touching an intra-day low of €3.219.

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