RS2 Software plc advanced by a further 2.6% to yet another record high of €1.95 on strong volumes of 74,000 shares at the MSE today. Today’s uplift represents the eight consecutive increase since the 2-for-1 share split became effective on 12 June 2015. The share price of RS2 has increased by 33.6% since the start of 2015 on the back of a significant appreciation also in prior years.
Similarly, Medserv plc edged up 0.2% to reach a fresh all-time high of €2.355 albeit on a small deal of 210 shares.
GO plc also trended in positive territory with a marginal increase to close at the €3.40 level for the first time since late May 2007. A total of 10,902 shares changed hands today across seven deals. GO’s equity has jumped 6.3% over the last five days following the company’s announcement in connection with the Extraordinary General Meeting (EGM) scheduled for 22 July during which shareholders will be asked to approve a number of resolutions related to the proposed spin-off of the Group’s property subsidiary.
Marginal changes were registered in the share prices of Bank of Valletta plc at the €2.30 level (42,631 shares) as well as Mapfre Middlesea plc as the equity closed this morning’s session at the €1.825 level (10,680 shares).
On the other hand, the share price of HSBC Bank Malta plc slipped 0.8% lower back to a new 3-month low of €1.796 on volumes of 77,693 shares.
International Hotel Investments plc performed negatively for the second day with the equity slipping a further 1.1% back to the €0.89 level across three deals totalling 35,431 shares.
Similarly, the equity of Malta International Airport plc eased minimally lower to €3.349 across five deals totalling 4,397 shares.
The only other negative performing equity was Plaza Centres plc with a 0.5% retreat back to the €0.985 level on activity of 40,000 shares.
Meanwhile, MaltaPost plc maintained the €1.55 level on volumes of just over 4,000 shares.
On the bond market, the Rizzo Farrugia MGS Index moved 0.1% lower to 1,122.396 points amid volatility across European bond markets as negotiations between Greece and its international creditors are far from being concluded. This afternoon, Greece lodged a counter proposal to this morning’s latest list of requests from the trio of the country’s creditors ahead of a meeting between the Greek PM and the international creditors.