Bank of Valletta plc's share price traded higher for the second successive day.

During this morning's trading session, the share price strongly recovered by 5.4 per cent on high activity amounting to over 54,000 shares.

The equity closed the session at €2.75 after hitting a high of €2.80 (the highest level since May 26).

During the past two days, BOV's equity managed to recover all the losses sustained last week.

The strong upturn in BOV's equity helped the MSE Share Index advance by 1.1 per cent to 3,363.657 points, thus also recovering most of last week's decline.

Elsewhere in the market, HSBC Bank Malta plc eased marginally lower back to €2.92 on a small deal of 700 shares.

Few trades were also transacted across the other active large cap equities with Malta International Airport plc rising by 0.6 per cent to €1.74 whilst International Hotel Investments plc and GO plc closing unchanged at €0.82 and €1.36, respectively.

The share price of MaltaPost plc dropped back to the €1 level for the first time since January 31 on a single trade of 1,109 shares.

Other bids are outstanding at the last traded price with lowest offers at the €1.05 level. A single trade of 2,600 RS2 Software plc shares was affected at the €0.53 level, unchanged from the previous close.

On the Alternative Companies List, Loqus Holdings plc maintained the €0.16,1 level across 2,000 shares.

On the bond market, the Rizzo Farrugia MGS Index eased lower for the second consecutive session.

The Index shed 0.1 per cent to 975.39 points in line with the continued recovery in Eurozone yields to the 2.97 per cent level.

On the other hand, however, the price of the 5.25 per cent MGS 2030 bonds added 50 basis points to 102.50 per cent.

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