Low trading activity across local equities
The MSE Equity Price Index eased by 0.1% to 3,552.486 points reflecting the decline of MIA. Meanwhile, three other equities remained unchanged in a trading session characterised by muted trading activity. Download today’s Equity Market Summary.
Malta International Airport plc fell by 0.9% to the €5.60 level on a single trade of 150 shares.
HSBC Bank Malta plc retained the €0.74 level on one deal of 1,000 shares.
A single trade of 290 shares left the share price of PG plc at the €2.08 level.
GO plc remained at the €2.78 level on trivial volumes.
The RF MGS Index rebounded by 0.51% to 890.292 points as volatility continued across the eurozone sovereign bond markets. In Germany, economic surveys showed that business sentiment increased to a seven-month high in January, but the positive prospects were dampened by geopolitical tensions as the German government announced that it was ready to send military tanks to Ukraine. Elsewhere in the UK, the Producer Price Index for December fell to a nine-month low of 14.7%.
This report contains public information only and is not to be construed as investment advice or an offer to buy or sell any securities. Information contained herein is based on data obtained from sources considered to be reliable, but no representations or guarantees are made with regard to the accuracy of the data. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Rizzo, Farrugia & Co. (Stockbrokers) Limited is a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta and a member of the Malta Stock Exchange.