The MSE Share Index moved back into positive territory this morning approaching its 2013 high of 3,518.919 points reached on August 12.
The share index jumped 1.9 per cent higher today to 3,504.657 points mainly due to the 13.3 per cent rebound in the share price of International Hotel Investments plc which recaptured the 85c level across five deals totalling 23,432 shares.
GO plc also closed higher with the equity advancing by one per cent to regain the €1.49,5 level across four trades totalling 19,164 shares.
Further demand emerged for RS2 Software plc shares as the IT equity edged a further 0.9 per cent higher to yet another all-time high of €2.17 across three trades totalling 22,666 shares.
The equity of Simonds Farsons Cisk plc also ended the session in positive territory with a 1.4 per cent increase to the €2.84 level on volumes of 23,967 shares. Similarly, Lombard Bank Malta plc’s share price edged 0.8 per cent higher to the €1.91,5 level on shallow volumes of 250 shares.
On the other hand, the share price of Malta International Airport plc slipped by 0.5 per cent to the €2.02 level on a deal of 2,000 shares.
Last Friday, MIA’s CEO Markus Klaushofer noted that 3.5 million passenger movements were registered so far this year, equivalent to the same amount registered during the whole of 2012.
Mr Klaushofer further added that the first three weeks of October had shown almost identical passenger movements to the busy period in August. Furthermore, he indicated that forward bookings for the shoulder months are also strong.
The shares of 6pm Holdings plc, last active on September 17, eased 0.8 per cent lower to 60p5 on just 3,800 shares. 6pm yesterday inaugurated its new head office and the CEO Ivan Bartolo explained that the Group is well on track to register a £9 million revenue figure for 2013 which represents a 25.7 per cent increase over the previous year of £7.16 million.
The only other negative performing equity was Plaza Centres plc with a 2.6 per cent decline back to the 57c level on a deal of 1,800 shares.
Meanwhile, no change was registered in the share price of Bank of Valletta plc at the €2.50 level after managing to recover from an intra-day low of €2.49 level across five trades totalling 13,295 shares. The bank is scheduled to publish its preliminary full-year results on Thursday.
Likewise, the share price of HSBC Bank Malta plc ended the session unchanged at the €2.63 level on volumes of 2,800 shares.
A further 40,000 MIDI plc shares changed hands at the 25c5 level.
On the bond market, the Rizzo Farrugia MGS Index edged marginally higher to 1,021.042 points as Eurozone yields surpassed the 1.76 per cent level this morning. Investors now await the decision of the US Federal Reserve following the end of its monetary policy meeting tomorrow.
Subscriptions for the new two Malta Government Stocks remain open until tomorrow. The three per cent MGS 2019 is being issued at 103.75 per cent giving a yield to maturity of 2.31 per cent per annum with the 4.65 per cent MGS 2032 priced at 100.25 per cent giving a yield to maturity of 4.63 per cent per annum.
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