Daily Review – 14.05.14

The MSE Share Index declined marginally (-0.225%) to 3,419.199 points today, as a result of 17 trades in four stocks which saw three stocks prices out of the four remaining unchanged from that recorded during the previous session, and only one stock being the reason for the decline in the MSE Share Index.

The share price of Bank of Valletta plc closed at the same level from the previous day of €2.15 across eight deals of just over 16,000 shares.

Similarly, the price of HSBC Bank Malta plc shares remained unchanged from the closing price of Tuesday of €2.11, as the shares traded hands in four deals across a turnover of 8,151 shares.

Two deals in Malita Investments plc amounting to 10,000 shares traded hands during Wednesday’s session, although this did not result in any change in price for the equity from the previous closing price of €0.54.

The only change in share prices during today’s session was attributable to the share price of Malta International Airport plc, which declined across three deals across a volume of 4,151 shares.

On the bond market, the Rizzo Farrugia MGS Index gained its momentum once again, after yesterday’s slight decline, increasing to 1,038.590 points, as a majority of the prices of the medium-to-longer term Government stocks registered an increase to all-time highs.