The MSE Share Index edged 0.1% higher to 4,201.197 points as the positive movements of various equities offset the declines in the share prices of Bank of Valletta plc, GO plc and Tigné Mall plc.

The equity of Bank of Valletta plc retreated by 0.6% back to the €2.255 level on high volumes of 132,612 shares.

Similarly, strong activity was evident in HSBC Bank Malta plc as the equity edged 0.2% higher to recapture the €1.754 level across twelve deals totalling 51,197 shares. The Bank is scheduled to pay the recently declared gross interim dividend of €0.051 per share (net: €0.0332) on 10 September.

Lombard Bank Malta plc was also amongst the equities with most activity. The share price ended the session unchanged at the €2.10 level across four deals totalling 49,125 shares. The Bank is scheduled to publish its interim results tomorrow.

Elsewhere on the secondary market, the share price of Simonds Farsons Cisk plc moved 4% higher to reach a new all-time high of €5.50 albeit on shallow volumes of 252 shares.

Likewise, Plaza Centres plc hit a fresh all-time high of €1.00, representing a 3.1% increase over the previous closing price, across a deal of 3,000 shares.

The only other positive performing equity was MaltaPost plc with a 0.4% increase to €1.636 across two deals totalling 4,986 shares.

On the other hand, the share price of GO plc eased 0.3% lower back to the €3.56 level on low volumes of 9,000 shares.

The equity of Tigné Mall plc also trended in negative territory with a 1.1% drop back to the €0.88 level across 10,000 shares. The equity had briefly touched a new all-time high of €0.90.

Meanwhile, Medserv plc held on to the €2.37 level on high volumes of 46,100 shares. Medserv plc is scheduled to publish its 2015 interim results next Thursday.

RS2 Software plc also ended this morning’s session unchanged at its all-time high of €2.30 on a single trade of 2,000 shares.

Likewise, Mapfre Middlesea plc held on to the €2.25 level on a single trade of 2,597 shares.

On the bond market, the RF MGS Index eased by a further 0.2% to 1,130.550 points as the 10-year yields of Spain and Italy, the region’s two major peripheral countries, continued to trend higher as a further slump in the Chinese stock market sent shockwaves across global markets.

www.rizzofarrugia.com 

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.