The equity of Malta International Airport recovered yesterday’s 8c decline with an equivalent uplift during this morning’s trading session on the Stock Exchangeto regain the €2.30 level, albeit still on shallow volumes of 6,000 shares.
On the other hand, GO's share priceclosed the session minimally lower at €2.50 after only partially recovering from an intra-day low of €2.48 across two deals totalling 4,000 shares.
Meanwhile, in the banking sector, Bank of Valletta held on to the €2.18 level across 32,258 shares. Similarly, 1,000 HSBC shares traded unchanged at the equity’s 2014 low of €1.90 across a single trade. HSBC announced today that its 2014 annual financial statements will be published on February 23.
The only other active equity today was Medserv with 10,500 shares changing hands at the equity’s 2014 high of €1.41, representing no change from the previous closing price.
On the bond market, the Rizzo Farrugia MGS Index edged marginally higher to yet another all-time high of 1,099.533 points as Eurozone yields eased to a new all-time low of just above the 0.63 per cent level.
Benchmark yields in Europe remained under pressure as demand for ‘safe-haven’ assets gathered momentum in view of the deflation in France and concerns over Greece and its political scenario.
The recently listed 5.1 per cent PTL Holdings 2024 bonds which surged by 300 basis points yesterday to 103 per cent continued to trade at this level today with a further €95,600 (nom) changing hands.
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