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  • The MSE Share Index edged 0.2% higher during this morning’s session to yet another 7-year high of 4,064.927 points. The equity benchmark has trended higher during ten of the twelve sessions held so far during this month. Download a copy of today’s Equity Market Summary.
  • On the bond market, the Rizzo Farrugia MGS Index incurred its largest daily decline since May 2010 as it retreated by 0.7% to a fresh 5-month low of 1,117.637 points possibly reflecting the hike in yields across peripheral eurozone countries, namely Spain and Italy. All the long-term Malta Government Stock prices dropped sharply once again and these are showing double-digit declines from their record levels in mid-April.
  • Amongst today’s positive performers, GO plc edged a further 1% higher to reach yet another 8-year high of €3.18 on low volumes of 8,317 shares.
  • Similarly, the share price of RS2 Software plc touched a new all-time high of €1.735 before easing minimally lower to close at the €1.731 level which still represents a 0.6% increase from the previous closing price across seventeen deals totalling 53,370 shares. The Malta Stock Exchange should shortly issue the advices to all eligible shareholders in connection with the recently approved 2-for-1 share split.
  • Likewise, the equity of Medserv plc reached a new all-time high of €2.25, representing a 1.1% increase over yesterday’s close, albeit on shallow volumes of 7,265 shares.
  • In the banking sector, the share prices of Bank of Valletta plc and Lombard Bank Malta plc inched minimally higher to €2.293 and €1.825 respectively across low volumes.
  • Grand Harbour Marina plc also trended in positive territory today as the equity recaptured its 2015 high of €1.90 on a small deal of 220 shares. The documentation published in connection with the upcoming Annual General Meeting, scheduled to be held on 30 June, revealed that the Board is proposing a renominalistion of the shares from €0.232937 to €0.24 and a subsequent 2-for-1 share split.
  • The only other positive performing equity was Plaza Centres plc with a 2.2% rise to regain its all-time high of €0.99 on a single trade of 1,658 shares. Meanwhile, all other property related equities, namely MIDI plc, Malita Investments plc and Tigné Mall plc, all ended this morning’s session unchanged across shallow activity.
  • International Hotel Investments plc maintained the €0.92 level after failing to hold on to a new 18-month high of €0.93 on volumes of almost 47,950 shares.
  • Likewise, Mapfre Middlesea plc held on to the €1.86 level on low volumes of 1,918 shares and FIMBank plc traded unchanged at the USD0.465 level on a deal of 10,000 shares.
  • On the other hand, the share price of Malta International Airport plc slipped minimally lower to €3.369 on just 6,400 shares.

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