MSE Equity Price Index snaps 4-day positive streak

The MSE Equity Price Index fell for the first time in five sessions at it shed 0.77% to 3,796.730 points as seven equities moved lower while HSBC Bank Malta plc closed unchanged at the €1.42 level as 2,669 shares changed hands. Downlaod today’s Equity Market Summary.

The majority of trading took place across the shares of Bank of Valletta plc which eased by 0.5% to the €1.91 level across 15 deals totalling 112,224 shares.

Also in the banking sector, APS Bank plc dropped by 6.1% to the €0.46 level over three deals totalling 21,000 shares.

Lombard Bank Malta plc declined by 2.5% to the €0.79 level on trivial volumes.

GO plc fell by 2.3% to the €2.50 level across three trades totalling 1,300 shares.

Harvest Technology plc reversed yesterday’s gains as it plunged by 3% to the €0.64 level on two deals totalling 3,523 shares.

Quinco Holdings plc moved 0.5% lower to the €0.98 level on volumes totalling 11,146 shares.

Plaza Centres plc plummeted by 19.4% to the €0.725 level on muted activity.

The RF MGS Index increased by 0.03% to 899.656 points as data released today showed that inflation in Germany during December fell to 2.0%, which was the lowest level since last June from 2.6% in the previous month, which was considerably lower than the 2.2% which was anticipated. The declines were driven by a softer growth in food prices as well as heavier declines in energy prices. Moreover, core inflation, which excludes food and energy prices, fell to a three-year low of 2.4% from 2.7% last November.

 

This report contains only public information and is not to be construed as investment advice or an offer to buy or sell 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.