The share index eased minimally lower during this morning’s quiet session to 3,310.838 points largely due to the marginally reduction in the share price of Bank of Valletta.

The bank’s equity failed to hold on to an intra-day high of €2.27 as it ended the session at the €2.25 level on volumes of 47,954 shares.

The shares of BOV will trade with the entitlement to the final gross dividend of 9c25 per share until November 13.

The only other active equity today was HSBC Bank Malta plc which traded unchanged at the €1.97 on a small deal of 223 shares.

On the bond market, the Rizzo Farrugia MGS Index eased marginally lower to 1,092.185 points, as benchmark Bund yields regained the 0.82 per cent level as doubts over whether the European Central Bank will announce further stimulus measures following its monetary policy meeting tomorrow intensified.

Locally, PTL Holdings plc today issued a formal notice with respect to a new €36 million unsecured bond carrying a coupon of 5.1 per cent and maturing in 2024.

PTL Holding has three main subsidiaries, namely: SAD (the largest Apple distributor in Poland), APCO (provides electronic payments transaction processing services under the brand name APCOPAY and supplies ATMs, POS terminals, plastic cards as well as other cash-handling equipment) and PTL (a multi-branded IT solutions provider).

www.rizzofarrugia.com

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