During this morning’s trading session on the stock exchange, four out of the five active equities trended higher to lift the MSE Share Index a further 0.3% to 3,576.265 points – yet another 33-month high.

New bids lifted the share price of Bank of Valletta plc by 0.4% to €2.61 across seven deals totalling 43,621 shares. The bank is scheduled to hold its Annual General Meeting this Thursday. During the meeting shareholders will be asked to approve a number of resolutions including the final gross dividend of €0.13 per share and a 1 for 10 bonus issue. Additionally, shareholders will have the opportunity to elect six Directors out of the eleven nominees.

Similarly, the equity of HSBC Bank Malta plc edged 0.4% higher to regain the €2.57 level across six trades totalling 9,380 shares.

GO plc shares also ended in positive territory with a further 2% increase to a fresh 33-month high of €1.75 across nine deals amounting to 53,350 shares. Last week, Forthnet announced that the period for its shareholders to trade the rights entitlement has been extended from 18 December to 27 December. Meanwhile, shareholders wishing to exercise their rights must do so by 3 January.

There were positive movements also in the share price of RS2 Software plc with a 0.2% increase to €2.28 across 30,920 shares.

Meanwhile, the only other active equity, Malta International Airport plc, failed to hold on to an intra-day high of €2.144 (minimally below the equity’s all-time high of €2.145) to end this morning’s session unchanged at the €2.10 level on low volumes of 3,900 shares.

On the bond market, the Rizzo Farrugia MGS Index was practically unchanged at just above 1,020 points within a tight range around the 1.83% level with investors adopting a wait and see approach ahead of the US Federal Reserve monetary policy decision at the of its monetary policy meeting tomorrow.

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