The share index advanced by 0.3 per cent to 3,359.164 points as five equities gained including Bank of Valletta, HSBC and Go.

Go had a volatile session and initially dropped to an intra-day low of €2.63 before rallying to a fresh six-year high of €2.70 representing a 1.1 per cent increase over the previous closing price. A total of 39,329 shares changed hands across 15 trades.

Bank of Valletta edged 0.5 per cent higher to the €2.25,1 level on weak activity of 3,101 shares.

Today the bank announced that its board will meet on October 31 to consider and approve the group’s financial statements for the year ended September 30. Meanwhile, the results of the asset quality review conducted by the European Central Bank are due to be issued on Sunday.

HSBC closed 0.1 per cent higher at the €2 level after failing to hold on to an intra-day high of €2.03 on total volumes of 53,500 shares traded across seven trades.

Similarly, Lombard Bank increased by 0.6 per cent to €1.71 across a single trade of 10,154 shares. Its postal subsidiary, Maltapost, regained the €1.12 level (+1 per cent) on activity of 5,821 shares.

Meanwhile, Malta International Airport maintained the €2.35 level on a single trade of 1,400 shares. Likewise, Malita Investments held on to the 56c level also on shallow volumes of 10,000 shares.

Plaza Centres and 6PM Holdings also closed unchanged at 61c (52,710 shares) and 72p (2,976 shares), respectively.

On the bond market, the Rizzo Farrugia MGS Index slid by 0.04 per cent to 1,093.086 points, as Eurozone yields rallied on the news that the ECB is considering buying corporate bonds on the secondary market.

www.rizzofarrugia.com

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