After sliding by 0.3 per cent during yesterday’s session, the MSE Share Index rebounded into positive territory this morning as most of the active equities closed higher.
The local equity benchmark advanced by 0.3 per cent to close at 3,476.779 points which also represents a 0.1 per cent increase over the week.
Among the positive performing equities, Bank of Valletta plc inched marginally higher to recapture the €2.47,6 level across 13,500 shares ahead of the full-year results publication which generally occurs by the end of October.
Similarly, the share price of HSBC Bank Malta plc edged 0.8 per cent higher to €2.65 on lower volumes of 6,000 shares.
New bids also helped the equity of Malta International Airport plc to rise by one per cent to regain the €2.02 level across 8,100 shares.
RS2 Software plc regained its all-time closing high of €2 across 13 deals totalling 22,854 shares.
RS2 yesterday announced that Barclays Bank plc completed the acquisition of a 10 per cent stake after all conditions of the share purchase agreement with ITM Holding Ltd were all satisfied.
9,000 Medserv plc shares changed hands at the €3.30 level representing a 1.5 per cent increase from the previous close. Similarly, the share price of Simonds Farsons Cisk plc edged 1.8 per cent higher to regain the €2.80 level on a small deal of 1,000 shares.
On the other hand, the share price of Crimsonwing plc dropped 1.3 per cent from its all-time high of 78c closing the day at the 77c level across five trades totalling 24,250 shares. Next Wednesday Crimsonwing will be convening its annual general meeting.
The only other negative performing equity was MIDI plc which slid by four per cent to the 24c level on a single trade of 20,600 shares.
Meanwhile, no change was registered in the share price of MaltaPost plc which held on to the €1.05 level on volumes of 4,734 shares. Lombard Bank Malta plc also maintained the €1.86 level across 8,900 shares.
On the bond market, the Rizzo Farrugia MGS Index eased marginally lower to a 15-week low of 1,018.274 points as Eurozone yields increased to a two-week high of 1.87 per cent.
The uplift in yields during the past two sessions reflects the progress achieved in the US in connection with the debt ceiling.
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