The share price of Bank of Valletta plc declined for the fourth consecutive session with some profit-taking forcing the equity to continue retreating from its six-year high of €2.50. BOV’s equity today slipped by a further 0.7 per cent to the €2.45,1 level across 15 deals totalling 13,352 shares.
Similarly, the share price of MaltaPost plc continued to decline from its all-time high of €1.15 with a further 1.8 per cent drop during this morning’s session back to the €1.10 level on volumes of just below 6,000 shares.
The only other negative performing equity was Medserv plc with a 1.5 per cent drop back to the €1.28 level albeit on a small deal of just 298 shares.
On the other hand, support for the equity of GO plc continued to emerge with the share price edging a further 0.5 per cent higher to yet another new three-year high of €1.93 across four deals totalling 10,000 shares.
Lombard Bank Malta plc climbed 2.2 per cent higher to regain the €1.90 level across 1,900 shares.
Meanwhile, Simonds Farsons Cisk plc continued to trade at its all-time high of €2.95. A further 2,479 shares changed hands at this level with further bids unsatisfied at the closing price and lowest offers now placed at the €3 level. Likewise, the share price of Malta International Airport plc maintained its record high of €2.20 across 2,900 shares.
Three other equities closed the day unchanged. The share price of Malita Investments plc held on to the all-time high of 54c level across 23,500 shares. Similarly, in the IT sector, Crimsonwing plc held on to the 81c level across 13,000 shares and RS2 Software plc maintained the €2.30 level on volumes of just over 15,900 shares.
On the bond market, the Rizzo Farrugia MGS Index eased minimally lower to 1,027.69 points despite a dip in Eurozone yields back to the 1.634 per cent level on speculation that European Central Bank president Mario Draghi is in favour of removing sterilisation in its asset purchases to effectively provide more monetary stimulus.
Nonetheless, a report revealing lower excess liquidity levels by the end of January 2014 pushed yields back up to the 1.65 per cent level by this afternoon.
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