Medserv maintained its positive trend following the publication of the 2014 financial results on Monday showing a significant improvement in profitability.

The share price of Medserv advanced for the fourth consecutive session with an increase of a further 5.6 per cent today to yet another fresh record of €1.90 across six deals totalling 42,000 shares.

Medserv ranks as best performer this week with an increase of 15.2 per cent. The equity will continue to trade with the entitlement to the final net dividend of 5c6 per share until May 26.

Another four equities ended this morning’s session in positive territory. GO edged 0.2 per cent higher to €2.85,5 across a single trade of 15,000 shares with the equity trading with the entitlement to the final net dividend of 7c per share until Monday. The equity turns ex-dividend as from the following trading session on Wednesday.

The other three positive performing equities were RS2 Software, MaltaPost and Tigné Mall.

On the other hand, the share price of Malta International Airport eased 0.3 per cent lower to the €3.45 level across 10 trades totalling 34,528 shares.

The only other negative performing equity was Middlesea Insurance with a 1.7 per cent drop back to the €1.14 level on a single trade of 5,000 shares.

Meanwhile, no changes were registered in the share prices of the three retail banks. Bank of Valletta closed this morning’s session unchanged at the €2.35 level after rebounding from an intra-day low of €2.32 across a total of 57,783 shares. Activity in both HSBC and Lombard was more subdued with the share price closing at €2.05 and €1.91, respectively.

International Hotel Investments also closed this morning’s session unchanged at the 70c level on a small trade of 1,286 shares ahead of the 2014 preliminary results publication tomorrow. Likewise, Malita Investments maintained the 93c level.

On the bond market, the Rizzo Farrugia MGS Index edged a further 0.4 per cent higher to yet another all-time high of 1,161.408 points as the Central Bank once again significantly raised its indicative bid prices for the longer-term maturities.

The recently issued three per cent MGS 2040 (I) remained highly active with more than €2.1 million (nominal) changing hands today with the price marginally improving to 116.05 per cent.

Next week, no trading will take place on Tuesday (Freedom Day) and Friday (Good Friday).

www.rizzofarrugia.com

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.