Trading volumes in Crimsonwing plc continued to increase with a further 214,200 shares changing hands today helping the equity maintain its all-time high of 69c after opening at 68c.

A total of 305,096 Crimsonwing shares (representing 1.1 per cent of the total issued share capital) have been exchanged since Thursday’s publication of the full-year results for the financial year ended March 31.

The financial statements revealed a record revenue figure of €17.8 million and a pre-tax profit of €0.98 million. A dividend was re-instated and the equity will trade with the entitlement to the distribution of 1c per share until October 17.

Meanwhile, shallow trading activity was evident across the other five active equities. In the banking sector, Bank of Valletta plc eased 0.8 per cent lower to the €2.30,2 level on volumes of 12,300 shares while the share price of HSBC Bank Malta plc inched minimally higher to close at the €2.70,1 level across 6,883 shares. On the other hand, Lombard Bank Malta plc held on to the €1.85 level across two deals totalling 2,600 shares.

Amongst the large cap equities, GO plc eased marginally lower to €1.67,9 across nine trades totalling 20,000 shares whilst a further 2,000 International Hotel Investments plc shares traded unchanged at the 89c level.

On the bond market, the Rizzo Farrugia MGS Index dropped for the eight successive trading day to a new three-week low of 1,025.023 points as Eurozone yields continued to trade close to 1.67 per cent with investors cautious ahead of the US Federal Reserve decision on its US$85 billion asset purchase programme later this afternoon.

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