The share index advanced by a further 0.5 per cent to reach yet another four-year high of 3,859.249 points as various equities gained.
Across the large cap equities, the share price of Bank of Valletta edged 0.4 per cent higher to regain the €2.28 level across nine deals totalling 13,641 shares. The bank is scheduled to distribute the interim net dividend of 2c5 per share on Wednesday.
Similarly, the equity of Malta International Airport edged 0.3 per cent higher to €3.37 on low volumes of 7,487 shares. Over the weekend, Vienna Airport issued a press release confirming that it has no intention of disposing of its shares in MIA.
Following last week’s revelation in the 2014 annual report of plans by International Hotel Investments to issue a €170 million international secured bond and to consider a range of alternative options on how to reward free-float shareholders, the group’s equity trended a further 0.8 per cent higher to close at the 75c6 level after failing to hold on to the 78c level. A total of 22,750 shares changed hands today.
GO shares also closed in positive territory with a 0.8 per cent increase to €3.05 – the highest closing price since early March 2008 - across five trade totalling 12,060 shares.
Likewise, RS2 Software advanced by a further 1.2 per cent rise to yet another all-time high of €3.34 albeit on low volumes of 7,000 shares. RS2 is scheduled to hold its annual general meeting on June 9.
In the property segment, the share price of Plaza Centres jumped 4.1 per cent to reach a fresh all-time high of 99c albeit on low volumes of 5,172 shares and Malita Investments climbed 3.5 per cent to 90c across 5,690 shares.
The equity of Medserv also ended this morning’s session in positive territory with a marginal increase to €2.20,1 across five deals totalling 27,175 shares.
Tomorrow marks the final day that the equity will trade with the entitlement to the final net dividend of 5c6 per share. The equity will turn ex-dividend as from Wednesday and the company will be holding its annual general meeting on Thursday.
The only other positive performing equity was Mapfre Middlesea with a 2.4 per cent increase to €1.25 albeit on just 58 shares.
On the other hand, the share price of Lombard Bank eased one per cent lower back to the €1.96 level on a single trade of 6,000 shares. The equity turns ex-bonus as from tomorrow’s trading session.
Similarly, Tigné Mall eased minimally lower to 79c8 across three deals totalling 10,500 shares. The company is scheduled to hold its annual general meeting on June 10.
Meanwhile, HSBC maintained the €1.85 level across 11 trades totalling 27,200 shares.
Likewise, the share price of Midi ended this morning’s session unchanged at the 29c level on a single deal of 2,000 shares.
On the bond market, the Rizzo Farrugia MGS Index eased 0.1 per cent lower to 1,147.936 points reflecting the uplift in the benchmark 10-year German Bund yield to around the 0.6 per cent level.
This afternoon, the Treasury announced that the next Malta Government Stock issue taking place in June will only be open for subscription through the auction process and no retail offer will be available.
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