Daily Market Highlights (25.10.10)

  • Local equity market back into positive territory as the share prices of the large banks move higher. MSE Share Index up 0.4% to 3,353.226 points as the gains in HSBC and BOV offset the declines in Lombard Bank and FIMBank. Meanwhile IHI unchanged at the €0.80 level. Download a copy of today’s Equity Market Summary.
  • FIMBank announces successful closure of bond issue. Meanwhile equity slumps 2.1% today to US$0.93 across four trades totalling 15,550 shares.
  • Marginal upward revision in the Malta Government Stock bid prices of the Central Bank of Malta Stockbroker as the Eurozone 10-year benchmark yield eased to the 2.46% level.
  • BOV climbs 0.9% higher to regain the €3.27 level ahead of the 30 September full-year results publication and the final dividend declaration due next Friday 29 October. Over 13,600 shares exchanged across thirteen trades.
  • HSBC also up 0.9% to recoup most of last week’s 1% decline and close at the €2.795 level. Lower volumes of 9,000 shares traded today with best bids now placed at €2.77 whilst further offers remained unsatisfied at the last traded price.
  • Lombard Bank declines a further 0.8% to drop to yet another 2010 low of €2.58 on a single trade of 2,000 shares.
  • International Hotel Investments plc unchanged at the €0.80 level on volumes of over 14,000 shares. Further offers outstanding at the closing price whilst best bids still pitched at the €0.72 level.

Comments are closed.