The share index edged 0.2 per cent higher during this morning’s session to yet another seven-year high of 4,064.927 points. The equity benchmark has trended higher in 10 of 12 sessions held so far this month.
Among today’s positive performers, GO edged a further one per cent higher to reach yet another eight-year high of €3.18 on low volumes of 8,317 shares.
Similarly, the share price of RS2 Software touched a new all-time high of €1.73,5 before easing minimally lower to close at the €1.73,1 level which still represents a 0.6 per cent increase from the previous closing price across 17 deals totalling 53,370 shares.
The Malta Stock Exchange should shortly issue the advices to all eligible shareholders in connection with the recently approved two-for-one share split.
Likewise, the equity of Medserv reached a new all-time high of €2.25, representing a 1.1 per cent increase over yesterday’s close, albeit on shallow volumes of 7,265 shares.
In the banking sector, the share prices of Bank of Valletta pc and Lombard Bank Malta inched minimally higher to €2.29,3 and €1.82,5 respectively across low volumes.
Grand Harbour Marina also trended in positive territory today as the equity recaptured its 2015 high of €1.90 on a small deal of 220 shares.
The documentation, published in connection with the upcoming annual general meeting, scheduled to be held on June 30, revealed that the board is proposing a re-nominalistion of the shares from 23c2937 to 24c and a subsequent two-for-one share split.
The only other positive performing equity was Plaza Centres plc with a 2.2 per cent rise to regain its all-time high of 99c on a single trade of 1,658 shares. Meanwhile, all other property related equities, namely Midi, Malita Investments and Tigné Mall, all ended this morning’s session unchanged across shallow activity.
International Hotel Investments maintained the 92c level after failing to hold on to a new 18-month high of 93c on volumes of almost 47,950 shares.
Likewise, Mapfre Middlesea held on to the €1.86 level on low volumes of 1,918 shares and FIMBank traded unchanged at the 46c5US level on a deal of 10,000 shares.
On the other hand, the share price of Malta International Airport slipped minimally lower to €3.36,9 on just 6,400 shares.
On the bond market, the Rizzo Farrugia MGS Index incurred its largest daily decline since May 2010 as it retreated by 0.7 per cent to a fresh five-month low of 1,117.637 points possibly reflecting the hike in yields across peripheral eurozone countries, namely Spain and Italy.
All the long-term Malta Government Stock prices dropped sharply once again and these are showing double-digit declines from their record levels in mid-April.
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