The share price of Malta International Airport advanced to another new all-time high of €2.30 representing a minimal increase over yesterday’s closing price.

Just over 2,000 shares changed hands today. The airport operator is shortly expected to publish the traffic results for March.

Bank of Valletta plc also performed positively with a 1.8 per cent increase to regain the €2.26 level across eight deals totalling 15,460 shares.

Meanwhile, the share price of HSBC Bank Malta plc shed 0.9 per cent to the €2.37,9 level on volumes of 9,165 shares.

GO plc closed lower as the equity traded for the first time since turning ex-dividend yesterday.

In fact, the share price of GO shed by 3.4 per cent (equivalent to 7c in line with the recently recommended final net dividend) back to the €1.97 level on low volumes of 2,280 shares.

The only other negative performing equity was Malita Investments plc with a 1.3 per cent drop back to the 53c5 level across 5,000 shares.

Meanwhile, FIMBank plc held on to the 84cUS level as a single trade of 5,000 shares was executed.

On the bond market, the Rizzo Farrugia MGS Index continued to trend lower with a further 0.1 per cent drop back to 1,026 points as Eurozone yields edged further higher to regain the 1.625 per cent level as markets widely expected the European Central Bank to take no action.

As expected, the ECB announced that it is holding its benchmark interest rate at 0.25 per cent despite the further drop in inflation as well as the prevailing record high unemployment.

www.rizzofarrugia.com

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