Daily Market Highlights (25.10.16)

  • Following yesterday’s marginal decline, the MSE Share Index moved back into positive territory with a 0.2% increase to 4,549.228 points as the uplift in HSBC’s share price outweighed the decline in MIA. Meanwhile, the other six active equities ended the session unchanged. Download a copy of today’s Equity Market Summary.
  • On the bond market, the RF MGS Index declined for the first time in the last five sessions with a 0.15% drop back to 1,180.521 points as yields moved back into positive territory this morning supported by improving risk appetite amid increasing merger and acquisition activity.
  • HSBC Bank Malta plc gained a further 1.6% to yet another 17-month high of €1.93 across nine deals totalling 16,667 shares.
  • On the other hand, the equity of Malta International Airport plc slipped 1.2% lower back to the €4.13 level on shallow volumes of 3,680 shares.
  • Meanwhile, Bank of Valletta plc maintained the €2.29 level ahead of the Group’s full-year results publication next Friday 28 October. A total of 19,543 shares traded today.
  • Similarly, FIMBank plc shares ended this morning’s session unchanged at the USD0.88 level after recovering from an intra-day low of USD0.87 across two deals totalling 12,517 shares.
  • High volumes were transacted in Medserv plc as 102,200 shares traded at the €1.50 level, unchanged from the previous closing price.
  • RS2 Software plc also held on to its previous close of €1.50 on low volumes of 9,100 shares.
  • Simonds Farsons Cisk plc and Malta Properties Company plc maintained the €6.75 and €0.62 levels respectively.