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  • Malta Fiscal Advisory Council publishes second annual report

    Malta Fiscal Advisory Council publishes second annual report

    The Malta Fiscal Advisory Council (MFAC) has released its second annual report. In his statement, the MFAC chairman noted that, in its second year of operations, the institution strengthened its organisational structure, established a regular...

  • MIA and RS2 drag share index lower

    The share index erased most of the gains registered in the previous two trading sessions as it today slipped by 0.27% back to 4,703.726 points.MIA, RS2 and Malta Properties closed this morning’s session in negative territory whilst a further five...

  • Why should I care about bond indentures?

    The majority of local investors opt to disregard to give the necessary importance to the indenture, or locally better known as the prospectus or offering document. Unfortunately, other investors literally ignore the document and invest blindly in...

  • A dissonant voice

    This week we had the news that the government consolidated fund moved into a surplus position in 2016 for the first time in many years. As with anything else in life, success has many fathers while failures are orphans. In this case, I do believe...

  • Ryanair to pivot growth away fromUK for next two years due to Brexit

    Ryanair to pivot growth away fromUK for next two years due to Brexit

    Ryanair, Europe’s largest airline by passenger numbers, plans to pivot its growth away from Britain over the next two years as it fears the lack of clarity over Brexit will cause major travel disruption and hit demand. Airlines such as Ryanair and...

  • Frank Farrugia elected Malta Chamber president

    Frank Farrugia elected Malta Chamber president

    Frank Farrugia has been elected president of the Malta Chamber of Commerce, Enterprise and Industry, taking over from Anton Borg. Mr Farrugia was deputy president of the Malta Chamber since 2015 and held the post of vice president for the...

  • Lombard Bank makes bid for Cypriot shares

    Lombard Bank makes bid for Cypriot shares

    The board of directors of Lombard Bank has submitted a bid for the 21 million shares held in the bank by Cyprus Popular Bank, saying that this would be “in the interest of the bank and all its stakeholders”. The sale process was announced almost a...

  • Juncker Plan now set to trigger more than €183bn in investments

    Following this week’s meeting of the European Investment Bank’s Board of Directors, the Juncker Plan is now expected to trigger more than €183 billion in investments. This comes under two years after the Juncker Commission launched the European...

  • World food prices back down in March after two-year high – FAO

    World food prices back down in March after  two-year high – FAO

    World food prices were back down in March after hitting a two-year high last month, with cereal harvests expected to be robust and markets stable this year, the United Nations food agency said yesterday. Prices for food products fell for five...

  • Stocks, dollar edge higher ahead of Trump-Xi meeting

    Global equity markets and the dollar edged higher yesterday, helped by fresh data showing a tighter US labour market, as investors stayed cautious before the first meeting between US President Donald Trump and his Chinese counterpart Xi...

  • Lombard share price reaches 6-year high

    The share index closed virtually flat today at 4,716.327 points as the 2% gain in the share price of Lombard offset the 3.1% decline in MIDI. Meanwhile, four other shares remained unchanged. Trading activity improved to a four-day high of €0.26...

  • March market highlights

    A strong European equity rally fuelled by President Donald Trump’s speech to congress at the beginning of the March struck a softer tone than normal. Meanwhile a rate increase at March’s US FED FOMC meeting pushed the dollar higher and Eurozone...

  • Sterling uncertainty as Brexit is formally triggered

    Sterling uncertainty as Brexit is formally triggered

    Last Wednesday, the British government handed in the formal notification of its intention to exit the EU, marking the first-ever withdrawal of a member state in the EU bloc’s 60-year history. Both the British government and the European Commission...

  • McDonald’s is facing complaints over terms of franchise

    French, German and Italian groups urged their national competition authorities to look into alleged anti-competitive practices by McDonald’s, potentially putting the US fast-food chain on course for multiple investigations in Europe. The three...

  • LNG producers turn to trading, risk taking to maintain market share

    Producers of liquefied natural gas, having shot themselves in the foot with oversupply and facing calls for flexibility and greater competition from other fuels are taking on more risk and learning to trade, just like any other commodities...

  • Global stocks, dollar gain on strong private jobs report

    US stocks rose yesterday, with the Nasdaq hitting a fresh all-time high on strong US private sector-jobs data, which also lifted the dollar as it backed forecasts for at least two more interest rate hikes by the Federal Reserve this year. US...

  • Shipping movements

    These ships are expected in Malta: The CMA CGM Benjamin Franklin from Rotterdam to Khor Fakkan (CMA CGM Malta Agency Ltd), the BC Hamburg from Algiers to Algiers (Thomas Smith Shipping Ltd) and the MV Eurocargo Malta fromGenoa to Catania (Sullivan...

  • BOV share price recaptures over 9-year high

    The share index erased some of yesterday’s decline as it rebounded by 0.31% to 4,716.302 points reflecting the gains in FIMBank (+2.5%), IHI (+1.4%), BOV (+0.2%) and Malta Properties (+0.2%). Meanwhile, another three shares closed unchanged.

  • Some alternative flavours to plain vanilla bonds

    Bonds with embedded options are alternative investment strategies available to investors. An option on a bond can take the form of many provisions, though the most commonly used are call or put options. A call option on a bond allows a bond issuer...

  • First company lists on Prospects platform

    First company lists on Prospects platform

    An Italian company – SFA SpA – has become the first company to list on the Prospects framework of the Malta Stock Exchange. The company is evaluating a series of projects at the moment and will issue a corporate bond – its first foray into...