On a day characterised by weak volumes in the equity market, GO plc’s share price gained 2.2 per cent to €1.90 helping the equity continue to recover from yesterday’s intra-day low of €1.82.

The share price has climbed by 4.4 per cent since this low but volumes remain weak as investors await the publication of the half-year results due by the end of this month.

In the banking sector, Bank of Valletta plc reversed some of its recent gains as the share price slipped 1.1 per cent to the €3.31 level.

Meanwhile, HSBC Bank Malta plc held on to the €3.06 level on the final day to be eligible to the net interim dividend of €0.05,1 per share. This dividend is payable on August 24.

Elsewhere, Malta International Airport plc maintained the €1.62 level on a thin trade of 850 shares despite turning ex-dividend. FIMBank plc convened a Board Meeting today to approve the June 2010 half-year financial statement.

The main highlight in the bond market was the continued upswing in the new bonds of Mediterranean Investments Holding plc.

The euro bonds reversed yesterday’s 50 basis point decline to regain the 102.50 per cent level on activity of €64,500 (nominal).

Meanwhile, the US Dollar bond saw its price jump 199 basis points to 103 per cent.

The Sterling tranche has yet to register the first trades with highest bids already placed at 102.60 per cent.

Further details on all three bonds are available from the links below:

Euro tranche: http://rizzofarrugia.com/security-quotes/corporate-bonds/a6559/

US Dollar tranche: http://rizzofarrugia.com/security-quotes/corporate-bonds/a7504/

Sterling tranche: http://rizzofarrugia.com/security-quotes/corporate-bonds/a7503/

www.rizzofarrugia.com