The share price of RS2 Software plc rallied by 7.5% during this morning’s session of the stock exchange to reach yet another all-time high of €2.15 across thirteen deals totalling 29,110 shares.

Similarly, the share price of Simonds Farsons Cisk plc advanced by 3.3% to yet another all-time high of €4.65 across three trades totalling 1,310 shares.

GO plc also performed positively with the share price of the telecoms quad-play operator touching an intra-day high of €3.499 before easing to close today’s session at the €3.47 level which still represents a 0.6% increase from the previous closing price. Almost 8,100 shares changed hands today across five deals.

Amongst the large cap equities, Malta International Airport plc edged 1.1% higher to regain the €3.37 level across nine trades totalling 39,065 shares.

The only other positive performing equity was Malita Investments plc with a 1.1% uplift to recapture the €0.90 level on a single trade of 10,000 shares.

On the other hand, the share price of Bank of Valletta plc retreated by 1.7% back to the €2.301 level across eighteen deals totalling 38,051 shares. Likewise, HSBC Bank Malta plc trended in negative territory with a 0.6% drop back to the €1.79 level across ten deals totalling 37,667 shares.

Similarly, International Hotel Investments plc eased 1.7% lower back to the €0.85 level albeit on shallow volumes of 8,000 shares.

On the bond market, the Rizzo Farrugia MGS Index shed 0.1% to 1,111.062 points as yesterday’s ‘No’ vote in the Greek referendum (confirming Greece’s stance against austerity measures proposed by the country’s international creditors) further dampened investor risk appetite around the globe.

Elsewhere, Mediterranean Investments Holding plc last week published a Prospectus in connection with a new €20 million bond at a coupon of 5.5% maturing in 2020. The bond is earmarked to finance the redemption of the maturing 7.5% bonds.

www.rizzofarrugia.com

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