Support for the equity of RS2 Software continued to emerge during this morning’s session with the share price rising by a further 0.5 per cent to yet another all-time high of €2 across 13 trades totalling 39,750 shares.

Following this latest increase in RS2’s share price, the equity now stands 37 per cent higher than its value at the beginning of the year.

GO also continued to advance with the share price adding a further 0.88 per cent to close at the €3.45 level for the first time since early May 2007 across three deals totalling 19,300 shares.

Earlier this week, GO distributed the documentation in connection with the extraordinary general meeting scheduled to be held on July 22. The documentation includes a circular explaining the details of the proposed spin-off of the group’s property subsidiary.

In the banking sector, Bank of Valletta inched marginally higher to €2.34 across seven deals totalling 32,110 shares. Similarly, the share price of Lombard Bank Malta edged 2.1 per cent higher to recapture the €1.85,9 level albeit on shallow volumes of 1,500 shares.

The only other positive performing equity was Malta International Airport with a minimal increase to €3.33,2 on low volumes of 2,000 shares.

Meanwhile, HSBC again held on to the €1.80 level on volumes of 12,350 shares.

Medserv also ended this morning’s session unchanged at the €2.35,5 level on activity of 17,000 shares and Midi held on to the 34c level on volumes of just over 38,000 shares. Likewise, Simonds Farsons Cisk maintained the €4.50 record level on shallow volumes of 400 shares.

Overall, the share index registered its third consecutive daily increase with a further 0.2 per cent rise during this morning’s session to 4,107.753 points which also represents a 0.3 per cent weekly increase.

On the bond market, the Rizzo Farrugia MGS Index marginally rebounded to 1,112.059 points but still ended the week 0.9 per cent lower in view of the fallout in Greece’s debt negotiations and this Sunday’s referendum.

Elsewhere, Mediterranean Investments Holding yesterday published a prospectus in connection with a new €20 million bond at a coupon of 5.5 per cent maturing in 2020. The bond is earmarked to finance the redemption of the maturing 7.5 per cent bonds.

www.rizzofarrugia.com

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