Following two consecutive weeks of gains, the share price of GO plc advanced by a further 1.9% on the stock exchange today to a fresh 3-year high of €1.92 on continued demand for the telecoms equity. Just over 32,800 shares changed hands today with lowest offers now pitched at the €1.93 level.

Similarly, the equity of HSBC Bank Malta plc closed in positive territory as it touched an intra-day high of €2.589 before easing to €2.57 which still represents a 0.4% increase over the previous closing price. A total of 19,500 shares changed hands today. The 2013 full-year results will be published on 24 February.

On the other hand, for the third consecutive session, the share price of Bank of Valletta plc traded lower on the back of increasing supply. BOV’s share price slipped 0.4% to the €2.469 level across 29 deals totalling 46,998 shares.

Meanwhile, the equity of Malta International Airport plc continued to trade at its all-time high of €2.20 on volumes of 5,050 shares. Likewise, the share price of Simonds Farsons Cisk plc maintained its record level of €2.95 on low volumes of 2,667 shares.

In the IT sector, Crimsonwing plc also held on to the €0.81 level across 50,600 shares ahead of the Interim Directors’ Statement which is expected to be published in the coming weeks. RS2 Software plc also closed the day unchanged at the €2.30 level on low volumes of 3,900 shares.

Middlesea Insurance plc also attracted shallow volume as 1,143 shares changed hands at the €1.00 level, unchanged from the previous close. Also in the financial sector, FIMBank plc maintained the US$0.98 level on a deal of 645 shares.

On the bond market, the Rizzo Farrugia MGS Index edged 0.1% higher to 1,027.886 points as Eurozone yields slumped back to the 1.66% level following last Friday’s news that the region’s inflation rate continued to ease to 0.7%.

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