Pg 1 of 2091234Last »
  • During this morning’s session, the share prices of the three largest equities by market cap all gained lifting the MSE Share Index 0.7% higher to a new 19-month high of 3,284.93 points. The share price of Grand Harbour Marina also traded higher on the dividend declaration whilst all other active equities ended the session unchanged. Download a copy of the Equity Market Summary.
  • On the bond market, the Rizzo Farrugia MGS Index edged marginally higher to reach a fresh 1-month high of 1,010.256 points as the benchmark 10-year German Bund yield remained close to its 2013 lows due to the deadlock in Italy.
  • Yesterday marked the closing of subscriptions from the general public for the new Malta Government Stock issues. Applications by institutions in the form of sealed bids will be accepted until noon tomorrow subsequent to which the Treasury will announce the results of this latest MGS issue.
  • BOV shares edged 0.7% higher to regain the €2.275 level on low volumes of just over 2,000 shares.
  • Similarly, HSBC’s equity inched 0.4% higher to close at the €2.74 level across 5,000 shares in anticipation of the Group’s 2012 full-year results publication on 4 March.
  • Shallow volumes were also registered in IHI with its share price rising by 2.5% to the €0.77 level across 5,000 shares. The Group has yet to announce the date of their 2012 full-year results publication.
  • The best performer of the day was Grand Harbour Marina with a 4.2% jump to a fresh 20-month high of €1.98 on increased volumes of 33,100 shares. The increase in the share price this morning came in response to the announcement of the net interim dividend of €0.12 per share to those shareholders as at close of trading next Tuesday 5 March. Lowest offers are now placed at €2.02 with no bids in sight.
  • On the other hand, 50,000 MIDI shares changed hands at the €0.29 level ahead of the Company’s Extraordinary General Meeting to be held on 22 March 2013 to approve the proposed sale of ‘The Point’ Shopping Mall.
  • Similarly, MIA maintained the €1.79 level on a single deal of 2,100 shares.
  • RS2 Software held on to its all-time high of €0.90 across 34,863 shares.

 

Responses are currently closed, but you can trackback from your own site.