After touching a new all-time high of €2.39 during the trading session of September 18, the share price of Malta International Airport edged lower possibly as a result of the media reports speculating about the escalating losses at Air Malta (the largest client of the airport operator) which could derail the airline’s restructuring plan as approved by the European Commission.

This morning, MIA’s share price slipped by 0.9 per cent back to the €2.33 level across six deals totalling 11,716 shares.

Crimsonwing shares also shed 1.2 per cent lower today back to the 80c level on low volumes of 3,740 shares. Shareholders now await developments with respect to a potential bid from interested parties.

During the annual general meeting on August 21, shareholders granted permission to the board of directors to disclose price sensitive information to a number of interested buyers.

Bank of Valletta’s equity dropped 0.5 per cent to €2.20 on low volumes of 4,168 shares. On the other hand, HSBC Bank Malta moved one per cent higher to regain the €2 level across five deals totalling 7,833 shares.

Meanwhile, Go's share price recovered from an intra-day low of €2.54 to close the session unchanged at its six-year high of €2.57 on shallow volumes of 1,860 shares.

Similarly, Medserv held on to the €1.27,5 level on a single deal of 4,500 shares.

On the bond market, the Rizzo Farrugia MGS Index eased 0.1 per cent lower to 1,084.789 points as Eurozone yields regained the one per cent level.

Yesterday, yields retreated on hopes of more aggressive stimulus by the European Central Bank.

However, comments by its President Mario Draghi confirming loose monetary policy for as long as needed, failed to impress markets that further action would be taken imminently.

Nonetheless, by this afternoon, yields were once again under pressure as the weaker-than-expected data on Germany’s business sentiment triggered fresh pressures on the ECB to act.

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