The share index moved back into positive territory with a 0.2 per cent increase to reach a new two-week high of 3,791.012 points largely driven by the 1.6 per cent rebound in the share price of HSBC as it regained the €1.83 level across 11 deals totalling 33,780 shares.
This afternoon the bank announced that its board of directors is scheduled to meet on August 3 to consider and approve the half-year results for the six months ending June 30 as well as consider the payment of an interim dividend.
RS2 Software plc also performed positively with an increase of 0.9 per cent to a fresh all-time high of €3.21 across five deals totalling 14,901 shares. RS2 is scheduled to hold its annual general meeting on June 9.
The equity of Medserv also trended higher with a 2.1 per cent increase to recapture its all-time high of €2.20 albeit on low volumes of 1,950 shares. The company is scheduled to hold its annual general meeting today week.
The only other positive performing equity was Lombard Bank with a 1.5 per cent increase to regain the €1.98 level on a single trade of 1,179 shares.
On the other hand, Bank of Valletta eased 0.9 per cent lower back to the €2.28 level across six deals totalling 10,900 shares.
Similarly, the share price of Malta International Airport marginally retreated back to €3.44,5 on volumes of 4,352 shares. Yesterday, the airport operator held its annual general meeting during which shareholders approved all the items on the agenda including the final gross dividend of 12c31 per share which will now be distributed on June 8.
Meanwhile, GO held on to the €3 level across six deals totalling 20,500 shares.
Likewise, FIMBank held on to the 46cUS level on a single trade of 19,308 shares.
The only other active equity was Santumas Shareholdings as 5,000 shares traded unchanged at the €2 level.
On the bond market, following four consecutive sessions of increases, the Rizzo Farrugia MGS Index eased 0.1 per cent lower to 1,147.81 points as yields trended upwards approaching the 0.65 per cent level possibly in view of the new €15 billion sovereign paper issued in France and Spain.
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