The share price of GO plc closed lower for the third time this week as further offers emerged on the market. The share price of the quad-play telecom operator retested an intra-day low of €1.50 before partially recovering to €1.545 but still ending the session 1.5% lower than the last closing price. 9,500 shares traded today.

HSBC Bank Malta plc also eased a further 0.2% lower to drop back to the €2.71 level on a single deal of 2,000 shares with offers already placed in the market at €2.70. Also in the financial sector, Middlesea Insurance plc dropped by 2.7% to the €0.895 level across 10,000 shares as the equity turned ex-dividend.

Meanwhile, higher volumes were registered in Plaza Centres plc amounting to 80,700 shares with the equity sliding 6.8% lower to the 0.55 level. The equity is still trading with the entitlement to the final gross dividend of €0.038 per share.

On the other hand, Malita Investments plc edged 3.7% higher to regain the €0.529 level (just under its all-time high of €0.53) on volumes of 10,500 shares.

Meanwhile, Malta International Airport plc held on to the €1.92 level across 762 shares despite turning ex-dividend as from yesterday. The final dividend of €0.04 per share will be paid to all shareholders on 5 June.

Similarly, no changes were registered in the share price of Bank of Valletta plc which failed to hold on to an intra-day high of €2.28 to end the session unchanged at the €2.27 level on volumes of over 26,000 shares.

Single trades were executed in Lombard Bank Malta plc and MaltaPost plc with the Bank’s shares continuing to trade at the €1.95 level (3,500 shares)and MaltaPost at €1.05 on volumes of 16,741 shares.

On the bond market, the Rizzo Farrugia MGS Index regained its upward trend with a 0.1% increase to 1,020.137 points as Eurozone yields retreated back towards 1.258% in spite of a strong Spanish bond auction.

www.rizzofarrugia.com

 

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