The share price of Crimsonwing plc advanced to a new all-time high as further demand for this equity resulted in an increase of 0.7 per cent to the 77c5 level on volumes of 72,550 shares.

The IT company is scheduled to hold its annual general meeting on October 16 for shareholders to consider and approve a number of resolutions including the recommended final gross dividend of 1c per share. Shareholders as at the close of trading on October 17 will be eligible to receive this dividend.

The only other positive performing equity was GO plc which closed this morning’s session 1.4 per cent higher to regain the €1.50 after recovering from an intra-day low of €1.44 for the second consecutive session.

On the other hand, the share price of Bank of Valletta plc eased 0.2 per cent lower to €2.47,5 across seven deals totalling 8,300 shares. The September full-year results are expected to be announced by the end of October.

Similarly, MaltaPost plc continued to retreat from its all-time high of €1.10,5 (reached on September 18) with a further 1.9 per cent drop back to the €1.05 level on a single deal of 12,623 shares.

The postal operator’s financial year also ends on September 30 with the preliminary results generally published by early December.

Meanwhile no changes were registered in the share prices of the other three active equities. In the banking sector, HSBC Bank Malta plc held on to the €2.62 level on volumes of 7,300 shares and Lombard Bank Malta plc maintained the €1.86 level on just 600 shares.

Likewise, Malita Investments plc ended the session unchanged at the 52c level across six trades totalling 30,200 shares.

On the bond market, the Rizzo Farrugia MGS Index inched minimally higher to just above 1,019.211 points as Eurozone yields dipped below the 1.8 per cent level.

Markets this morning welcomed the news that US President Barack Obama is set to appoint Janet Yellen (currently vice-chairman) as chairman of the US Federal Reserve.

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