The share price of Malta International Airport plc edged 0.6% higher during this morning’s session to regain its 2013 high of €1.81 on increased activity totalling 31,350 shares.
Earlier this week, the airport operator announced record passenger movements for the month of February and it was also revealed that the legacy carrier Lufthansa will be increasing its summer schedule for Malta. MIA will be reporting its full-year results on March 20.
Despite the upward movement in MIA, the MSE Share Index moved back into negative territory with a 0.1% drop to 3,324.122 points following the 0.7% decline in Bank of Valletta plc. The share price failed to hold on to its 2013 high of €2.30 and eased to €2.28,5 on volumes of 6,783 shares. BOV still ended the week 0.3% higher.
The equity of RS2 Software plc also edged lower as it retreated by 1.1% from its all-time high of 91c to the 90c level on a single trade of 53,333 shares.
Meanwhile, the other IT equities traded unchanged. 6pm Holdings plc maintained its two-year high of 45p on volumes of 30,000 shares with Crimsonwing plc continuing to trade at the 54c level across two trades totalling 27,000 shares.
Likewise, no changes were registered in the share prices of GO plc and Malita Investments plc.
The quad-play telecoms operator recovered from an intra-day low of €1.39 to end the session unchanged at the €1.39,9 level on volumes of 5,000 shares.
Almost 25,000 Malita shares traded unchanged at the 51c level after the equity went ex-dividend earlier this week. Shareholders will receipt the net dividend of 1c58 per share after approval at the annual general meeting on April 12.
On the bond market, the Rizzo Farrugia MGS Index slipped marginally lower to 1,010.128 points in spite of a strong upturn in the benchmark Eurozone yields to an almost two-week high of 1.50% as market confidence was further boosted by the comments of the European Central Bank (ECB) President Mario Draghi who indicated that the 17-nation bloc is stronger than before. Moreover, investors were encouraged by better-than-expected export figures from China and the market is also expecting positive jobs data in the US to be published this afternoon.
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