GO plc edged a further 0.3 per cent higher for the fourth consecutive session to reach a new 33-month high of €1.68,5 ahead of the board’s decision on whether to participate or otherwise in the upcoming €30 million rights issue of Forthnet.

A total of 11,300 shares changed hands today.

The share price of FIMBank plc advanced by a further 2.6 per cent to the 97c5US level on low volumes of 8,442 shares.

Last Monday, Burgan and UGB launched a joint voluntary bid to acquire all FIMBank shares not already held by them at a price of 95cUS per share. Shareholders have until January 20 to accept this offer.

The only other positive performing equity was Malta International Airport plc with a 0.1 per cent increase to €2.08,1 level across 8,530 shares. Last week, the airport operator revealed a 17.8 percent increase in passenger movements during November to a monthly record of 249,133 – thereby extending this year’s record streak into the first full month of the winter season.

During the first 11 months of the year, MIA registered a 10.4 per cent increase in passenger movements to 3,816,740 – a record number of passenger movements during this period and already higher than the number of annual passenger movements recorded in 2012, surpassing last year’s annual record of 3.65 million passenger movements by 4.6 per cent.

Meanwhile, a further 1,981 Bank of Valletta plc shares traded unchanged at the €2.60 level today. Similarly, RS2 Software plc held on to the €2.28 level on a small deal of 2,133 shares.

Also no change was registered in the share price of Medserv plc at the €1.35 level on a trade of 5,000 shares. Likewise, the equity of Tigné Mall plc ended the session unchanged at the 51c level on volumes of 23,500 shares.

On the other hand, Middlesea Insurance plc eased marginally lower to 88c5 across two deals totalling 3,547 shares.

On the bond market, the Rizzo Farrugia MGS Index edged 0.1 per cent higher to 1,019.598 points as Eurozone yields dipped to 1.83 per cent after reports that Eurozone leaders are close to a deal to close down failing banks.

www.rizzofarrugia.com

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