The MSE Share Index ended this morning’s session practically unchanged at 3,294.820 points as trading activity dwindled to below the €100,000 mark.
In the banking sector, Bank of Valletta plc eased 0.4% lower back to the €2.24 level across fourteen deals totalling 18,798 shares. On the other hand, the share price of HSBC Bank Malta plc edged 0.3% higher to €1.925 on low volumes of 5,469 shares. Similarly, the equity of FIMBank plc marginally recovered from some of its recent steep declines with a 5% jump to recapture the USD0.63 level on just 500 shares.
Elsewhere, the share price of International Hotel Investments plc slipped 1.8% lower to the €0.55 level across three deals totalling 6,300 shares.
Meanwhile, Medserv plc maintained the €1.37 level across a trade of 20,000 shares. Similarly, Malta International Airport plc held on to the €2.40 level on a small trade of 45 shares.
On the bond market, the Rizzo Farrugia MGS Index edged a further 0.1% higher to 1,093.100 points as Eurozone yields continued to retreated back to around the 0.77% level on hopes of further stimulus by the European Central Bank (ECB) to counter the region’s declining inflation. Yields continued to edge lower this afternoon to 0.76% after the Organisation for Economic Co-operation and Development (OECD) called on the ECB to start buying government bonds.
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