The share index ended the last trading session of June in negative territory with a 0.2 per cent drop back to 4,090.619 points as various equities trended lower.

Most notably, the share price of International Hotel Investments eased 0.7 per cent back to the 87c level across four deals totalling 19,534 shares.

Similarly, amongst the large cap equities, Malta International Airport shed 0.6 per cent to fall back to the €3.33 level on shallow volumes of 2,490 shares.

Low volumes were also transacted in Lombard Bank as the equity slipped 1.6% lower back to the €1.82,1 level on just 1,502 shares.

In the property segment, the share price of Plaza Centres dropped a further 1.1 per cent back to the 97c level on a single trade of 1,000 shares. Likewise, the equity of Tigné Mall retreated by 1.2 per cent from its all-time high to 85c across 6,000 shares.

On the other hand, Bank of Valletta edged minimally higher to regain the €2.30 level across 12 deals totalling 18,757 shares.

Likewise, the equity of RS2 Software edged marginally higher to a new record of €1.97,4 across nine trades totalling 39,380 shares.

The only other positive performing equity was Malita Investments with a 1.1 per cent increase to 90c on a single trade of 2,000 shares.

Meanwhile, HSBC held on to the €1.80 level across four deals totalling 18,614 shares. Similarly, Medserv maintained its all-time high of €2.35,5 on volumes of 21,820 shares.

Mapfre Middlesea also closed the day unchanged at the €1.82,5 level on a single trade of just 2,000 shares.

On the bond market, the Rizzo Farrugia MGS Index eased 0.8 per cent lower to 1,113.094 points reflecting the uplift in the peripheral yields of Italy and Spain in view of the latest developments across Greece.

The Greek government refused a new debt deal offered by its international creditors and is now asking its citizens to approve the debt deal or reject it in a referendum to be held next Sunday.

As Greece is set to default on its €1.6 billion payment to the International Monetary Fund, the European Central Bank has withdrawn its support to Greek banks forcing the Mediterranean island to impose capital controls and close down its banks and stock exchange for the whole week.

Elsewhere, trading in the new 4.5 per cent Izola Bank 2025 bonds commences tomorrow.

www.rizzofarrugia.com

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.