The MSE Share Index ended this morning’s session practically unchanged at 3,288.654 points as no movements were recorded in the larger equities by market capitalisation.

Bank of Valletta plc held on to the €2.27 level across twelve trades totalling 36,350 shares and HSBC Bank Malta plc continued to trade at the €2.68 level on low volumes of 5,500 shares.

GO plc also ended today’s unchanged at the €1.57 level across four trades totalling 5,000 shares.

No movement was registered also in the share price of Middlesea Insurance plc as a further 5,500 shares change hands at the €0.895 level.

In the small cap segment, Grand Harbour Marina plc retreated by 2.6% back to the €1.86 level on high activity amounting to 69,530 shares.

Crimsonwing plc also shed 3.5% to drop back to the €0.55 level across two deals totalling 26,100 shares. Meanwhile, 6pm Holdings plc jumped 8.2% to GBP0.53 – its highest level since January 2010 – across 4,500 shares.

The only other active equity was MaltaPost plc with a single trade of 10,000 shares executed at the €1.05 level representing no change from the previous close.

On the bond market, the Rizzo Farrugia MGS Index climbed 0.1% to a new all-time high of 1,021.525 points as the benchmark 10-year Eurozone yield slipped back to the 1.22% level. The latest downturn follows disappointing data from Germany’s manufacturing and services sectors. This led to growing speculation that the European Central Bank will announce a further rate cut from the historically low 0.75% during next week’s monetary policy meeting.

www.rizzofarrugia.com

 

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