Bank of Valletta shares opened the week at Lm4.951 and gained 13c9 during the week to end yesterday's session at Lm5.09. Total turnover amounted to 36,173 shares changing hands over 64 deals. The price ranged between Lm5.10 and Lm4.951. At the end of yesterday's session, bids for 1,000 shares at Lm5.02 and offers of 182 shares at Lm5.09 made up the best unsatisfied closing positions.
Trading in HSBC shares opened the week at Lm4.911 on Monday and closed yesterday's session at Lm4.909. Total turnover amounted to 47,207 shares changing hands over 76 deals. During the week, trading ranged between Lm4.911 and Lm4.90. As yesterday's session drew to a close 920 shares at Lm4.90 and 1,096 shares at Lm4.91 were the best unsatisfied bids and offers respectively.
The price of Maltacom shares increased by 2.759 per cent during the week. Trading opened the week at Lm1.45 on Monday and went up to close the week's trading at Lm1.49 on Thursday. Total turnover amounted to 62,395 shares changing hands over 36 deals. During the week the price ranged between Lm1.502 and Lm1.449. As yesterday's session drew to a close, bids for 2,000 shares at Lm1.43 and offers of 2,581 shares at Lm1.49 made up the best unsatisfied closing positions.
In a company announcement issued by Maltacom plc the company announced that its annual general meeting will take place on Friday, May 20, 2005. A number of ordinary resolutions one of which will be the recommendation of a net dividend of Lm0.021 per share to all shareholders registered until yesterday will be put forward during the meeting. Shareholders on the company's register until yesterday will also be entitled to vote at the forthcoming Annual General meeting of Maltacom plc.
In a company announcement issued on Wednesday, the board of directors of Simonds Farsons Cisk plc stated that they shall be meeting on Wednesday to consider and approve the financial results for the year ended January 31, 2005 and to consider the declaration of a dividend to be recommended to the annual general meeting.
In a company announcement issued yesterday, the board of directors of International Hotel Investments plc stated that they will be meeting on Wednesday to approve the financial statements for the period ended December 31, 2004.
The other equities which traded during the week appear below, followed by the range in which trading took place: 20 Lombard Bank shares at Lm4.85; 779 Middlesea Insurance shares between Lm3.101 and Lm3.10; 6,230 Simonds Farsons Cisk shares between Lm1.169 and Lm1.14; 264,028 International Hotel Investments shares between €0.80 and €0.76; 802,300 FIM Bank shares at USD1.18; 7,500 Malta International Airport shares between Lm1.271 and Lm1.25; 52,451 Global Financial Services shares at Lm1.27.
Total Malta Government Stock turnover amounted to a nominal value of Lm773,500 being traded in eighty-seven deals over 26 different stocks. Trading over the week in corporate bonds was made up of a total value of Lm160,415.
The Malta Stock Exchange share index increased by 34.284 points or 0.10 per cent over the week and now stands at 3,469.286.
Azzopardi Investment Management Limited and its directors have an interest in the listed companies mentioned and may have an interest in other securities, commodities or currencies mentioned.