Fresh demand for Crimsonwing plc shares lifted the share price by a further 5.7 per cent to close at a new 18-month high of 37c across two trades totalling 40,000 shares.

This morning, the Malta Stock Exchange announced the listing of 2,940,000 new shares which were issued by Crimsonwing plc as part payment for the acquisition of the remaining 49 per cent shareholding in Promentum Holding BV.

Meanwhile, the new international contracts and the future business strategy of the group were discussed in an interview with the CEO David Walsh. The interview can be read here.

MaltaPost plc also closed in positive territory today with a 2.1 per cent increase to regain the 73c5 level on volumes of just over 13,000 shares.

Meanwhile, the shares of the larger companies traded lower.

Bank of Valletta plc eased 1.6 per cent to €2.45 although still trading with the entitlement to the final gross dividend of 13c per share as well as a one for nine bonus share issue.

Volumes decreased to 16,455 shares across eight trades. Similarly, HSBC Bank Malta plc's share price retreated by 0.4 per cent to the €2.74,9 level across two trades totalling 2,500 shares.

GO plc's share price initially dropped back to the 94c5 level before a last-minute recovery helped the equity regain the €1 level which still represents a 0.9 per cent dip from the previous close.

High volumes of 200,600 MIDI plc shares changed hands at the equity's all-time low of 25c with no bids in sight and further offers placed at the 28c level.

On the bond market, the Rizzo Farrugia MGS Index edged 0.1 per cent higher to 997.093 points as eurozone yields dipped closer to the 1.45 per cent level in a relatively stable euro bond market.

Markets around the world are focused on tomorrow's US jobs data publication – the last of its kind before the Presidential election next week.

Tomorrow afternoon, the Treasury is expected to publish the statistics in respect of the three new issues following the completion of the tendering process.

www.rizzofarrugia.com

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