Daily Market Highlights (16.10.2017)

  • The MSE Equity Price Index eased 0.1% during today’s session to 4,675.115 points as BOV trended lower to offset the increases in the share prices of GO and MIDI. Meanwhile, a further five equities ended the session unchanged. Trading volumes slumped to €0.077 million – the lowest daily value traded since late August 2017. Download a copy of today’s Equity Market Summary.
  • The RF MGS Index advanced for the fourth consecutive day as it edged minimally higher today to yet another new one-month high of 1,124.402 points. The 10-year eurozone benchmark yield dropped below the 0.4% level for the first time in a month as the standoff between Madrid and Catalonia prolongs. Furthermore, after a German far-right party obtained seats in the German Parliament for the first time in 60 years, yesterday’s general election results in Austria indicated that a far-right party will be part of the coalition government.
  • Bank of Valletta plc slipped 1.4% back to the €2.07 level across eleven deals totalling 24,126 shares.
  • On the other hand, GO plc edged 1.7% higher to regain the €3.53 level on shallow volumes of 2,400 shares.
  • Similarly, MIDI plc moved 3.2% higher to recapture the €0.32 level on a single trade of 3,500 shares.
  • Meanwhile, HSBC Bank Malta plc held on to the €1.90 level on low volumes of 1,541 shares.
  • Likewise, FIMBank plc held on to the USD0.70 level across 6,622 shares.
  • Shallow trading volumes also took place in International Hotel Investments plc as 1,000 shares traded unchanged at the €0.614 level.
  • RS2 Software plc and Medserv plc closed the day unchanged at €1.98 and €1.26 respectively.