Sustained demand for the equity of Go lifted its share price by a further one per cen t to yet another six-year high of €2.60 on volumes of just over 24,000 shares.

The equity of the telecoms operator has been well supported in recent months in view of the potential value that could be extracted from the group’s indirect investment in Forthnet as well as its €50 million property portfolio.

The equity of Malta International Airport reversed some of the declines registered in recent sessions with a 0.9 per cent rebound to the €2.35 level across 22,200 shares.

Following the publication of the ‘Notice of Application for Development Permission accompanied by an Environmental Planning Statement’ in relation to the proposed MIA masterplan, it was reported this morning that this comprises a number of property investments including the development of a business centre, showrooms as well as a hotel.

The share price of Lombard Bank Malta advanced by three per cent to regain the €1.69,9 level across 25,900 shares. Also in the banking sector, the share price of Bank of Valletta edged minimally higher to €2.20,1 on just 5,000 shares.

Meanwhile, no change was registered in the share price of HSBC Bank Malta  as a single deal of 1,945 shares was executed at the €2 level.

On the bond market, the Rizzo Farrugia MGS Index edged a further 0.1 per cent higher to yet another all-time high of 1,087.252 points as Eurozone yields continued to trend lower to 0.952 per cent on hopes of further stimulus measures by the European Central Bank in a further bid to prop up the region’s ailing economy.

www.rizzofarrugia.com

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