The share price of GO plc today closed higher on the last trading day with the entitlement to the final net dividend of €0.07 per share. The equity of the quad-play telecoms operator turns ex-dividend as from the next trading session on Wednesday. GO’s share price edged 0.9% higher to €2.88 on increased volumes totalling 72,730 shares. GO is scheduled to hold its Annual General Meeting on May 5.

Bank of Valletta plc also performed positively with a 0.4% rise to the €2.36 level across eleven deals totalling 21,384 shares.

FIMBank plc was the best performer of the day as the US Dollar denominated equity advanced by 6.4% to regain the USD0.50 level albeit on shallow volumes of 6,000 shares. The equity of FIMBank will trade with the entitlement to the 1 for 10 bonus share issue until next Wednesday 1 April.

International Hotel Investments plc edged 1.4% higher to recapture the €0.71 level as 7,000 shares changed hands today. IHI is shortly expected to publish its full-year results following a board meeting held last Saturday.

On the other hand, the share price of Malta International Airport plc eased 0.1% lower back to the €3.448 level across twelve deals totalling 40,814 shares. The equity will trade with the entitlement to the final net dividend of €0.08 per share until 16 April.

MIDI plc also closed today in negative territory with a 3.6% drop back to the €0.27 level after opening the session at a 2015 high of €0.282 across 6 trades comprising 146,800 shares. MIDI announced that its 2014 financial statements will be published on 27 April.

Meanwhile, HSBC Bank Malta plc held on to the €2.05 level on increased volumes totalling 52,717 shares. Likewise, Lombard Bank Malta plc maintained the €1.91 level across three deals totalling 15,261 shares. Over the weekend, the Bank distributed the 2014 Annual Report, together with all relevant documentation, to all shareholders ahead of the Bank’s Annual General Meeting scheduled to be held on 22 April.

In the property segment, Plaza Centres plc held on to its all-time high of €0.95 on a single trade of 1,500 shares. Higher volumes were transacted in Malita Investments plc with 104,108 shares changing hands at the €0.93 level. Malita Investments have also distributed the 2014 Annual Report to all shareholders ahead of the Annual General Meeting scheduled to be held on 22 April.

The only other active equity was Medserv plc with its share price ending the session unchanged at the €1.90 level after failing to hold on to a new all-time high of €1.91 across a total of 33,566 shares. Last week, Medserv issued its 2014 results revealing a significant improvement in profitability following the commencement of a number of major contracts with International Oil Companies (IOC) both in Malta and Cyprus. On Friday, the Company also published its 2014 Annual Report on its website.

On the bond market, the Rizzo Farrugia MGS Index edged a further 0.2% higher to yet another all-time high of 1,163.478 points as the Central Bank of Malta once again significantly raised its indicative bid prices for the longer-term maturities. The recently issued 3% MGS 2040 (I) remains the most active local sovereign bond with more than €1.95 million (nominal) changing hands today across 176 deals with the price advancing to 117%.

No trading will take place tomorrow Tuesday 31 March (Freedom Day) and the Malta Stock Exchange will open again for business on Wednesday 1 April.

 

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