Crimsonwing plc continued to trade near its all-time high as a further 135,000 shares changed hands during this morning’s session at the 74c level, unchanged from the previous close.
Over 2.7 million shares of Crimsonwing, representing 9.4 per cent of the company’s issued shares, changed hands since the start of 2013 as the equity’s price rallied by 51 per cent on the back of improved financial results and its immediate outlook.
Crimsonwing is scheduled to hold its annual general meeting on October 16 during which shareholders will be asked to approve a number of resolutions including the final gross dividend of 1c per share. The equity will turn ex-dividend on October 18.
Similarly, no change was registered in the share price of MaltaPost plc as the equity ended this morning’s session at the €1.10 level – minimally below its all-time high. A total of 11,000 shares traded today.
In the property sector, Plaza Centres plc also ended the session unchanged at 56c across 44,000 shares and Malita Investments plc held on to its IPO price of 50c on volumes of 40,000 shares.
Meanwhile, HSBC Bank Malta plc inched 0.2 per cent higher to €2.35 on low volumes of 4,552 shares. New demand lifted the share price of RS2 Software plc 1.6 per cent higher to €1.87,9 across three deals totalling 6,110 shares. Next week the company will be convening an extraordinary general meeting.
The only other positive performing equity was Middlesea Insurance plc with a 6.3 per cent jump to the 85c level on a single trade of 8,756 shares.
On the other hand, Bank of Valletta plc shed 0.8 per cent to drop back to the €2.35 level on low volumes of 4,552 shares.
Medserv plc also ended this morning’s session in negative territory as a single deal of 1,500 shares was executed at a new 4-year low of €3.50 representing a 2.8 per cent drop from the previous close.
On the bond market, the Rizzo Farrugia MGS Index edged minimally higher to 1,019.783 points as the benchmark 10-year Eurozone yields retreated to the 1.91 per cent level following worse-than-expected data on German business sentiment.
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