The share index reversed yesterday’s 0.4 per cent decline with an equivalent uplift during this morning’s session to 3,783.885 points largely due to the gains in the share price of Bank of Valletta.

The bank’s equity edged 1.7 per cent higher to end this morning’s session at the €2.30 level across six deals totalling 26,120 shares. The bank is scheduled to pay its net interim dividend of 2c54 per share on May 27.

The equity of Malta International Airport also trended in positive territory albeit marginally to close at the €3.45 level on shallow volumes of 6,191 shares. The airport operator is scheduled to hold its annual general meeting tomorrow.

Likewise, a minimal increase was registered in the share price of Malita Investments to regain the 87c level on volumes of 37,350 shares.

On the other hand, the share price of HSBC eased minimally lower to €1.84,3 across 13 deals totalling 47,609 shares.

Meanwhile, International Hotel Investments maintained the 68c level across three deals totalling 63,248 shares.

Similarly, the equity of RS2 Software held on to the €3.17,9 level across two deals totalling 14,582 shares. Rs2 is scheduled to hold its annual general meeting on June 9.

On the bond market, the Rizzo Farrugia MGS Index registered its third consecutive uplift with a further 0.2 per cent increase to 1,147.787 points as the benchmark 10-year Eurozone yield slid back to the 0.57 per cent level after representatives of the European Central Bank revealed that the ECB is planning to accelerate its monthly purchases in May and June in view of lower liquidity levels that are generally evident during the summer months.

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