Daily Market Highlights (11.05.15)

  • Following two consecutive sessions of declines, the MSE Share Index edged 0.1% higher during this morning’s session to 3,794.753 points on the back of increases in the share prices of HSBC Bank Malta plc and International Hotel Investments plc. Download a copy of today’s Equity Market Summary.
  • On the bond market, the Rizzo Farrugia MGS Index lost a further 0.1% to 1,149.451 points as benchmark 10-year Eurozone yields restarted their upward trend to recapture the 0.586% level as investors shift their focus on Greece’s attempt to seal a new debt deal with international creditors whilst at the same time having to honour a €750 million repayment to the International Monetary Fund (IMF) by tomorrow.
  • The share price of HSBC Bank Malta plc advanced by 1.1% today to recapture the €1.88 level across fourteen deals totalling 39,095 shares.
  • Similarly, the equity of International Hotel Investments plc climbed by 1.5% to regain the €0.70 level on volumes of 24,000 shares.
  • On the other hand, Bank of Valletta plc shed 0.9% to €2.28 across seven deals totalling 17,450 shares after the Bank’s shares turned ex-dividend. The Bank is now scheduled to pay the interim gross dividend of €0.039 (net: €0.0254) per share on Wednesday 27 May.
  • Amongst the large equities by market capitalisation, Malta International Airport plc and GO plc also ended this morning’s session in negative territory. MIA’s share price eased 0.1% lower back to the €3.46 level on volumes of just over 13,000 shares and GO’s equity eased minimally lower to €2.999 across 7,620 shares.
  • The only other negative performing equity was Malita Investments plc with a 3.3% drop back to the €0.88 level on a single deal of 1,000 shares.
  • Meanwhile, Medserv plc held on to its record level of €2.20 level on volumes of 8,625 shares.