The equities of the three large banks were all active today but traded in different directions on the stock exchange.

The share price of Bank of Valletta plc eased 0.5% lower to €2.25 on low levels of 5,000 shares. On the other hand, HSBC Bank Malta plc edged 0.5% higher to regain the €2.00 level across ten trades totalling 17,777 shares whilst Lombard Bank Malta plc held on to the €1.699 level across 25,000 shares.

Elsewhere in the local equity market, GO plc was forced to an intra-day low of €2.555 compared to the last closing price of €2.60 before partially recovering to end this morning’s session 0.4% lower at the €2.589 level. A total of 15,700 shares changed hands across six deals.

Meanwhile, no changes in the share price of Medserv plc at the €1.275 level across two trades totalling 25,000 shares.

Overall, the MSE Share Index eased 0.1% lower to 3,348.787 points.

On the bond market, the Rizzo Farrugia MGS Index edged 0.1% higher to yet another all-time high of 1,090.100 points as Eurozone yields slid back to the 0.9% level on weaker-than-expected readings of Germany’s factory orders and Eurozone investor sentiment. Furthermore, investors were also concerned by the speculation that the European Union will probably reject the budget proposals of France and ask for tighter fiscal plans.

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