Shares of International Hotel Investments plc traded down heavily at 74c (-14.9 per cent) during this morning’s session, before partially recovering to end the session 4.6 per cent lower at the 83c level across 10 trades totalling almost 152,000 shares.

On the other hand, Bank of Valletta plc edged 0.9 per cent higher to regain he €2.40,2 level across six trades totalling just over 13,900 shares. The bank is scheduled to hold its annual general meeting on December 19.

New bids also lifted the share price of RS2 Software plc a further 1.5 per cent to 70c on a single trade totalling 20,000 shares. Also on the IT front, Crimsonwing plc held on to its 28-month high of 45c on volumes of 10,000 shares.

Similarly, MaltaPost plc maintained its five-month high of 90c across two trades totalling just over 4,000 shares on the last day to gain entitlement to the final net dividend of 4c per share. Equity will turn ex-dividend as from tomorrow.

No changes were registered in the share price of GO plc as a further 3,000 shares changed hands at the €1.10 level. Likewise, Malta International Airport plc traded unchanged at the €1.79,6 level across 1,380 shares.

Yesterday, the company announced an eighth consecutive monthly record of passenger movements with a further 3.4 per cent increase to 211,538 passengers.

On the bond market, the Rizzo Farrugia MGS Index edged 0.1 per cent higher to 1,003.806 points as benchmark 10-year Bund yields this morning eased further lower to the 1.35 per cent.

In the afternoon, the benchmark yields continued to slide lower as investors’ demand of safe haven assets increased in line with the selling pressure in Spanish and Italian bonds on the back of yesterday’s unsuccessful bond auction and rising tensions in Italian politics. Moreover, some investors started selling their peripheral bonds to cash in on some profit following the recent rally.

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