The MSE Equity Total Return Index added to the previous week’s 0.597 per cent loss, having declined by 1.842 per cent, to close at 8,372.257 points. Turnover increased to €952,670 which was spread over 19 equities of which 10 fell and four gained ground.
Bank of Valletta plc shares edged €0.06 as 216,114 shares changed hands over 68 trades, closing at €1.71. The banking equity traded between a weekly high of €1.77 and a low of €1.70.
HSBC Bank Malta plc shares recouped the previous week’s decline, having advanced by 1.2 per cent as 27 deals of 66,536 shares were negotiated, to close at €1.72. Yesterday, the equity’s price touched a weekly high of €1.74.
FIMBank plc shares slipped by 3.6 per cent as 49,940 shares changed ownership across eight deals, to close at $0.53.
The trade finance bank announced last Wednesday that during the rights issue, a total of 180,108,494 shares were subscribed for and these will be admitted to listing on the Malta Stock Exchange on April 30, 2018.
The insurance and investments services provider GlobalCapital plc was the best performer having rallied by 10 per cent across one transaction of 6,300 shares, closing at €0.33.
The company announced on Thursday that the group registered a profit before tax of €4.6 million during 2017.
In the same sector, Mapfre Middlesea plc shares extended the previous week’s 2.9 per cent loss having dipped by 6.9 per cent, to close €0.14 lower at €1.90 – a six-week low.
Trident Estates plc shares were the worst performers for the second consecutive week. The equity was active on one transaction of 425 shares, closing €0.23 lower at €1.61 – an 11-week low.
Malta Properties Company plc shares increased by 2.6 per cent as eight deals of 128,330 shares changed ownership, closing at €0.47. Meanwhile, Malita Investments pc shares closed unchanged at €0.83.
MIDI plc shares partially erased the previous week’s 1.7 per cent gain as five trades of 14,450 shares were negotiated, closing at €0.354. Last Monday, the company announced that the group’s profit after tax for 2017 was €20.8 million, compared to a loss of €2.5 million registered during the previous financial year.
Tigne Mall plc shares traded flat at €0.95 on three deals of 20,800 shares.
Meanwhile, Plaza Centres plc shares increased by 1.9 per cent as two deals of 1,500 shares were concluded, to close at €1.06.
Simonds Farsons Cisk plc’s shares registered a loss for the fifth consecutive week, having slipped by 0.7 per cent across three transactions of 608 shares, closing €0.05 lower at €6.70.
Medserv plc shares fell by 0.9 per cent on one deal of 5,000 shares, to close at €1.10. Last Monday, the oil and gas logistics services provider announced that the board meeting to approve the company’s annual financial statements has been rescheduled to take place on Monday.
MaltaPost plc announced that the board of directors is scheduled to meet on May 16 to consider and approve the interim financial statements for the six months ended March 31.
Malta International Airport plc shares closed unchanged at €4.86, despite having reached a weekly high of €4.92. The local airport operator’s shares witnessed 10 trades of 14,666 shares.
The telecommunications provider GO plc registered a 1.7 per cent drop in its share price as 10 transactions of 22,400 shares were executed, closing €0.06 lower at €3.44.
International Hotel Investments plc shares extended the previous week’s 0.8 per cent slip, having declined by 2.4 per cent across one trade of 1,018 shares, to close at €0.60.
In the I.T. sector, Loqus Holdings plc shares traded unchanged at €0.10 on one deal of 900 shares.
Meanwhile, RS2 Software plc (RS2) shares added to the previous 2.1 per cent loss, having decreased by 9.3 per cent. The equity was negotiated across 22 transactions of 104,382 shares, closing €0.13 lower at €1.27.
Last Wednesday, the board of RS2 approved the financial statements for the year 2017. The group’s profit after tax was €614,796, up by 35.7 per cent from 2016.
The supermarkets and retail owner PG plc recorded no change in its €1.30 share price as 8,570 shares changed ownership over four trades.
In the corporate bond market activity was spread across 38 issues of which gainers and losers tallied at 12. Turnover fell to €1.1 million from €1.3 million.
The 5% Dizz Finance plc Unsecured € 2026 was the worst performer having slipped by 3.5 per cent, to close at €105, while the 6% Mediterranean Investments Holding plc Euro 2021 registered the best performance having advanced by 2.8 per cent, closing at €104.10.
In the sovereign debt market turnover amounted to €2.5 million. A total of 24 issues were active of which 14 declined and nine appreciated.
The 5.2% MGS 2031 (I) was the most liquid issue having witnessed a turnover of €314,770, closing 0.7 per cent higher at €143.65.