The share price of Malta International Airport plc gained 0.9 per cent to a new all-time high of €2.32 across four deals totalling 29,810 shares.

Recently, the airport operator revealed that during the first quarter of 2014 a record of 655,942 passengers passed through the terminal representing an 8.4 per cent growth from the previous comparable period.

MIA is forecasting a two per cent annual passenger growth for the whole of 2014 to yet another annual record of 4.1 million passengers on continued growth in seat capacity.

On the other hand, the share price of Bank of Valletta plc ended this morning’s session 0.2 per cent lower at €2.30 after failing to hold on to an intra-day high of €2.32.

A total of 21,514 shares traded today. Similarly, the share price of Lombard Bank Malta plc slipped 1.2 per cent lower to the €1.69 level on a single deal of 4,000 shares.

The only other negative performing equity was 6pm Holdings plc with a 0.7 per cent drop back to the 70p5 level on low volumes of 5,000 shares. 6pm is scheduled to publish its 2013 full-year results on Monday.

Meanwhile, HSBC Bank Malta plc closed this morning’s session unchanged at the €2.38,5 level after drifting from an intra-day high of €2.40,1 on volumes of 10,486 shares.

Likewise, no change was registered in the share price of Medserv plc at the €1.33 level on low volumes of 6,000 shares.

On the bond market, the Rizzo Farrugia MGS Index exceeded the 1,030-points level for the first since data was collected as from 2009.

Today, the local MGS benchmark climbed 0.2 per cent higher to 1,030.058 points as Eurozone yields slumped back to the 1.544 per cent level following the publication of the minutes of latest monetary policy meeting of the US Federal Reserve.

The minutes strongly hinted that policy makers are willing to maintain the prevailing low interest rate in the US even after the tapering of the bank’s asset purchase programme is completed.

Furthermore, Greece this morning made a resounding return to the bond market as it received €20 billion in demand for its offer of €3 billion five-year bonds yielding 4.95 per cent.

www.rizzofarrugia.com

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