Trading activity shrunk during this morning's trading session on the local equity market with €15,550 worth of shares changing hands across two equities.

Volumes also declined in the corporate bond and Malta Government Stock Markets with trading values of just below €150,000 and over €171,000 respectively.

The share price of GO plc was pushed a further 0.6 per cent higher to regain the 91c level across three trades totalling 15,000 shares.

According to a recent announcement by the company, the board of directors is expected to meet by the end of this week to decide on whether to participate in Forthnet's €30 million rights issue.

Meanwhile, the only other active equity, Lombard Bank Malta plc maintained its multi-year low of €1.90 on a single deal of 1,000 shares.

Simonds Farsons Cisk plc shares inactive today despite yesterday's announcement revealing a record €3.8 million in profits registered during the six months ended July 31 as well as unchanged net interim dividend of 1c33 per share.

Nonetheless, it is important to highlight that offers have been raised to the €2.30 level whilst bids remain at the last closing price of €2.20.

On the bond market, the Rizzo Farrugia MGS Index moved higher for the thid consecutive day with a further 0.1 per cent rise to 997.299 points as eurozone yields dipped lower for the eighth time in the last nine sessions.

As a result, benchmark yields of the single currency market now stand just above the 1.45 per cent level reflecting the uncertainty over Spain and Greece as well as concerns over slowing economic growth.

www.rizzofarrugia.com