MIDI plc shares jumped 6 per cent today to reach a four-year high of of €0.39 across 36,518 shares.

The MSE Share Index retreated by 0.25 per cent to 4,541.078 points as the declines registered in three equities outweighed the gains in another two companies.

Just over €273,000 worth of shares were traded in today's session. 

The only other positive performer was Medserv plc which reclaimed the €1.80 level (+0.1 per cent) across 21,800 shares.

On the other hand, a single deal of 22,210 shares pulled the equity of Mapfre Middlesea plc 5.0 per cent down to the €2.30 level.

The Company’s AGM will be held on 22 April, during which shareholders will be asked to approve the distribution of a final net dividend of €0.03826 per share. Shareholders as at close of business on 27 April will be eligible to receive the dividend.

Malta Properties Company plc shed 3.3 per cent to the €0.58 level across 12,000 shares.

Bank of Valletta plc retreated by 0.2 per cent to the €2.26 level on volumes totalling 9,868 shares. Shortly after today’s session, BOV announced that its Board of Directors is scheduled to meet on Friday 29 April to consider and approve the Group’s interim financial statements covering the six months ended 31 March 2016. The Directors will also consider the declaration of an interim dividend.

Also in the banking sector, HSBC Bank Malta plc maintained the €1.60 level across 8,435 shares.

Malta International Airport plc retained the €4.35 level on low activity of 1,100 shares.

RS2 Software plc also closed flat at €3.80 on higher volumes totalling 26,760 shares. RS2 will reveal its 2015 full-year financial results on Thursday 28 April 2016. The Directors will also consider recommending the payment of a final dividend.

Two deals totalling 10,000 shares left the equity of MaltaPost plc unchanged at the €1.98 level.

On the bond market, the RF MGS Index registered its third consecutive decline as it slipped by 0.03 per cent to a one-week low of 1,151.648 points. Overall, euro zone bond yields remained marginally unchanged ahead of tomorrow’s monetary policy meeting of the European Central Bank’s (ECB) Governing Council.

In general, investors are not expecting any indications of further easing following last month's expanded stimulus measures. On the economic front, German producer prices in March were unchanged from February, but fell 3.1 per cent from March last year – the sharpest annual fall since January 2010.

www.rizzzofarrugia.com

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