Trading activity in Crimsonwing plc increased during this morning’s session with the share price rising minimally higher to 74c across three trades totalling 153,100 shares.
The IT equity is still trading with the entitlement to the final gross dividend of 1c per share which is subject to shareholder approval at the upcoming annual general meeting scheduled to be held on October 16.
The equity of Island Hotels Group Holdings plc also continued to improve with a 6.9 per cent increase to regain its 2013 high of 77c across 12 deals totalling 32,000 shares.
On the other hand, the share price of Malta International Airport plc continued to drift lower with a decline of a further 1.1 per cent to the €1.88 level on low volumes of 3,600 shares. The airport operator is scheduled to pay its net interim dividend of 3c per share by September 23.
Similarly, the share price of Middlesea Insurance plc eased 1.2 per cent lower to 80c on a trade of 5,000 shares.
Meanwhile, for the second consecutive session, the share prices of the two large banks ended the session unchanged. Bank of Valletta plc held on to the €2.38 level on just 350 shares and HSBC Bank Malta plc maintained the €2.60 level across two trades totalling 2,734 shares.
On the bond market, the Rizzo Farrugia MGS Index edged 0.1 per cent higher to a new two-week high of 1,023.444 points as the benchmark 10-year Eurozone yields continued to slide lower to 1.84 per cent given the increased likelihood of a military strike by Western allies on Syria.
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