The share index retreated for the first time since September 14 with a marginal dip to 3,357.58 points largely due to the 0.1 per cent decline in the share price of Bank of Valletta to €2.24,9 across seven deals totalling 35,237 shares.

Meanwhile, HSBC held on to the €2 level as a further 33,241 shares changed hands today.

Next Sunday, the European Central Bank is scheduled to publish its asset quality review which it conducted over a large number of systematically important European banks including BOV and HSBC. These will be followed by the publication of the BOV Group’s September 2014 full-year results on October 31.

There was minimal activity elsewhere in the local equity market with Medserv sliding 2.3 per cent back to the €1.30 level across 6,500 shares and Malta International Airport maintaining the €2.35 level across 9,350 shares.

On the bond market, the Rizzo Farrugia MGS Index edged marginally higher to 1,093.637 points despite the uplift in Eurozone yields which regained the 0.87 per cent level.

www.rizzofarrugia.com

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