The share price of Crimsonwing plc advanced by a further 2.5% to yet another new all-time high of €0.82 across three deals totalling 12,500 shares at the stock exchange today.

The IT Company is scheduled to hold its Annual General Meeting this afternoon during which shareholders will be asked to approve a number of resolutions including the final gross dividend of €0.01 per share. Shareholders as at the close of trading on 17 October will be eligible to receive this token dividend.

Also in the IT sector, RS2 Software plc regained its all-time high of €2.00 representing a 1% increase over the previous close after recovering from an intra-day low of €1.96 on total volumes of 33,000 shares.

Similarly, MaltaPost plc edged 4.8% higher to close this morning’s session at the €1.10 level which is marginally below its all-time high of €1.105. A total of 4,467 shares changed hands today.

The only other positive performer was Bank of Valletta plc with a 0.4% increase to regain the €2.47 level across 15,562 shares as investors await the publication of the Group’s preliminary results for the financial year ended 30 September 2013 which are generally published by the end of October.

On the other hand, Medserv plc shares failed to hold on to an intra-day high of €3.35 to end this morning’s session 1.5% lower at the €3.25 level across four deals totalling 21,838 shares.

Meanwhile, a further six equities ended this morning’s session unchanged. Amongst the large cap equities, HSBC Bank Malta plc held on to the €2.64 level across seven deals totalling 15,655 shares. Likewise, GO plc ended the session unchanged at the €1.49 level after once again recovering from an intra-day low of €1.45 on low volumes of 5,800 shares. International Hotel Investments plc maintained the €0.83 level across 8,334 shares.

In the property sector, MIDI plc continued to trade near all-time lows as a single deal of 10,000 shares was executed at the €0.24 level. Similarly, Malita Investments plc held on to the €0.52 level across 76,500 shares and Tigné Mall plc continued to trade at the €0.51 level across 10,000 shares.

On the bond market, the Rizzo Farrugia MGS Index eased a further 0.1% lower dropping to a new 4-month low of 1,016.480 points in line with the increase in Eurozone yields to the 1.92% level. In spite of the glitches during negotiations over the US debt ceiling, investors are still confident the US Congress can reach an agreement before the 17 October deadline.

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