Most of the equities active during this morning’s session closed higher lifting the MSE Share Index up 0.7 per cent to a fresh two-year high of 3,411.427 points.

The equity of RS2 Software plc was once again the star performer with a further 6.3 per cent jump to reach the €1.275 level across six trades totalling 52,000 shares.

On Wednesday, RS2 held its annual general meeting during which it was revealed that a large bank based in the UK is interested in acquiring not less than 10 per cent of its outstanding shares. Coupled with the growing business pipeline for the Group, the equity has surged by 83.1 per cent since the start of 2013.

In the banking sector, Bank of Valletta plc edged 0.4 per cent higher to regain the €2.28 level on almost 16,000 shares.

Similarly, HSBC Bank Malta plc moved 0.7 per cent higher to close the session at the €2.73 level on low volumes of 1,270 shares and Lombard Bank Malta plc’s share price edged 2.9 per cent higher to the €1.75 level across two deals totalling 5,300 shares.

Malta International Airport plc shares also closed in positive territory with a 1.2 per cent uplift to recapture the €2.04 level across 3,400 shares.

The only other positive performing equity today was Simonds Farsons Cisk plc with a 3.8 per cent jump to a new all-time high of €2.75 on a single deal of just 485 shares. Farsons will be holding its annual general meeting next week.

Meanwhile, Crimsonwing plc and Plaza Centres plc traded unchanged on single trades at 58c and 57c, respectively.

On the bond market, the Rizzo Farrugia MGS Index edged 0.1 per cent higher to a fresh four-week high of 1,021.148 points as Eurozone yields continued to retreat below the 1.55 per cent level.

The benchmark 10-year German Bund yield reversed this week’s earlier increases reflecting investor preferences for ‘safe-haven’ assets over the riskier peripheral bonds in view of the possible reduction in liquidity as central banks may start to reduce monetary stimulus.

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