The equities of Bank of Valletta plc and HSBC Bank Malta plc were once again under selling pressure and they closed lower for the third time in the last four sessions.

The share price of BOV slid 2.8 per cent to a fresh 11-month low of €2.08 across 28 deals totalling 85,601 shares. Similarly, the share price of HSBC lost one per cent to yet another five-year low of €2.05 on shallow volumes of 7,420 shares.

On the other hand, RS2 Software plc edged 0.7 per cent higher to regain the €2.72 level across 3,670 shares.

Also in the IT sector, 6pm Holdings plc moved 5.6 per cent higher to 75p on low volumes of 5,286 shares.

Last week, 6pm Holdings plc announced that it entered into a licencing agreement with Javali LLC for 6pm’s proprietary solution, CareSolutions. Additionally, 6pm granted Javali the right to further develop the CareSolutions suite in order to create a “Solution” aimed at offering financial institutions improved automated audit capabilities.

The only other positive performing equity was Medserv plc with a 3.3 per cent increase to recapture the €1.24 level on just 500 shares.

Meanwhile, GO plc held on to the €2.01 level on volumes of 7,000 shares. Likewise, the share price of Malta International Airport plc closed unchanged at the €2.25 level after opening at a low of €2.22.

Volumes increased to 31,000 shares. Similarly, MIDI plc ended the session unchanged at the 24c level on a trade of 2,500 shares.

On the bond market, the Rizzo Farrugia MGS Index eased 0.1 per cent lower to 1,045.155 points in line with the rebound in Eurozone yields to the 1.39 per cent level.

The recently issued 4.3 per cent MGS 2033 bond starting trading today with the price rising to 102 per cent, representing an increase of 125 bp from the offer price of 100.75 per cent.

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