The share price of 6pm Holdings plc climbed five per cent higher during this morning’s session to a fresh four-year high of 63p after the company issued a press release revealing a new contract with St George’s Healthcare NHS Trust.
The contract (for an unspecified value) relates to the delivery of an integrated electronic document management and paper management solution supported by radio frequency identity (RFID) tags.
The press release explained that the new system will result in immediate savings with respect to the entire file management process whilst also releasing clinic staff from these administrative duties allowing them to dedicate more time with patients.
New bids also emerged for International Hotel Investments plc helping the equity rise by 3.5 per cent to regain the 90c level on volumes of almost 32,600 shares. Similarly, GO plc edged 1.3 per cent higher to regain the €1.53 level across three trades totalling 2,000 shares.
On the other hand, the shares of Bank of Valletta plc eased 0.2 per cent lower to €2.27,5 across 12 trades totalling 20,179 shares.
RS2 Software plc’s equity also dropped by 0.8 per cent to the €1.26 level across 15,500 shares. This morning, the Malta Stock Exchange announced that 2.5 million new shares were admitted to the Official List yesterday following the approval of the bonus issue last week.
The shares of Island Hotels Group Holdings plc continued to slip lower to just above their all-time low. The equity shed 2.8 per cent to 52c5 across 30,000 shares.
Similarly, a single trade of 3,000 Malita Investments plc shares was executed at the 50c level representing a two per cent drop from the previous close.
Meanwhile, Malta International Airport plc held on to its all-time high of €2.05 on a small deal of 750 shares.
Likewise, HSBC Bank Malta plc ended this morning’s session unchanged at the €2.74 level after recovering from an intra-day low of €2.69 across five trades totalling 13,740 shares. Also in the banking sector, FIMBank plc held on to the $1.03 level across 1,000 shares.
On the bond market, the Rizzo Farrugia MGS Index eased marginally lower to 1,021.387 points as the benchmark 10-year Eurozone yield regained the 1.56 per cent level in anticipation of the US Federal Reserve’s monetary policy meeting this week.
Investors are worried that the US central bank will strongly indicate that it will start reducing its stimulus measures in the near term.
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