A total of 8 equities registered trades during this morning's session on the Borza. The MSE Share Index retreated by a further 0.4% to 3,480.031 points mainly due to the 1% drop in the share price of HSBC Bank Malta plc to a fresh 2010 low of €3.05 - representing a 24.7% decline from the high of €4.05 reached on 13 January.

RS2 Software plc also closed at a new 2010 low as its share price eased minimally lower to the €0.479 level ahead of the company's 2009 full-year results publication tomorrow. The worst performer of the day was Loqus Holdings plc (formerly Datatrak) as its share price tumbled by 37.5% to €0.20.

On the other hand, the share prices of Simonds Farsons Cisk plc and MaltaPost traded at new highs. Farsons edged 0.6% higher to €1.73 in response to last week's announcement of a substantial improvement in pre-tax profits to €3.1 million and the recommendation of a final net dividend of €0.05 per share.

The share price of MaltaPost reached a fresh 14-month high of €0.81 on continued strong demand for this equity with over 51,000 shares changing hands today. The postal operator is scheduled to publish its financial results for the six months ended 31 March 2010 on 13 May while Bank of Valletta plc confirmed that its interim results will be issued on 30 April.

On the bond market, Malta Government Stock prices continued to advance. Meanwhile the recently listed 6.8% Premier Capital bonds maintained the level of 101.5% and the 4.8% Bank of Valletta plc bonds issued earlier this year eased 50 basis points to close at 102%.

More information is available on www.rizzofarrugia.com

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