• The MSE Equity Price Index extended yesterday’s gains of 0.18% by a further 0.08% to 4,467.417 points as the gains in the share prices of Trident, FIMBank and RS2 outweighed the 1.9% drop in Tigne’ Mall. Meanwhile, a further six equities closed the day unchanged. Activity on the local equity market was subdued as only €0.14 million worth of shares changed hands. Download a copy of today’s Equity Market Summary.
  • The RF MGS Index retreated by 0.1% to a fresh eleven-month low of 1,108.649 points as euro zone sovereign yields rose ahead of the publication of the latest inflationary data in the US. Excluding changes in the prices of food and energy, core inflation in the world’s largest economy rose by 0.3% last month – the biggest monthly increase in twelve months.
  • Seven deals totalling 7,840 pushed the equity of Trident Estates plc 2.6% higher to a fresh record high of €2.00.
  • RS2 Software plc rebounded by 0.8% from its sixteen-month low of €1.30 to the €1.31 level on activity totalling 6,000 shares.
  • The other positive performing equity today was FIMBank plc which also gained 0.8% to the USD0.625 level albeit on trivial volumes.
  • Within the same sector, Bank of Valletta plc maintained the €1.82 level after opening at a low of €1.81 (-0.5%). A total of 5,562 shares traded.
  • BOV’s insurance associate – Mapfre Middlesea plc – retained the €1.85 level across 9,900 shares.
  • GO plc (2,570 shares) and Malta International Airport plc (250 shares) ended flat at €3.50 and €4.90 respectively. The airport operator is scheduled to reveal its 2017 financial results next week.
  • In the property segment, Malita Investments plc held on to the €0.83 level across 35,685 shares.
  • Likewise, two deals totalling 46,000 shares left the equity of Plaza Centres plc unchanged at the €1.01 level.
  • In contrast, Tigne’ Mall plc lost 1.9% to the €1.01 level albeit on just 2,000 shares.

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