The positive movements in the share prices of HSBC Bank Malta plc and Bank of Valletta plc helped the MSE Share Index extend its recent rise.
The Index added a further 0.1 per cent during this morning’s session to yet another 33-month high of 3,554.702 points. The share price of HSBC edged 0.2 per cent higher to the €2.55,5 level across four trades totalling 5,500 shares.
Similarly, the equity of BOV closed 0.1 per cent higher to regain the €2.62 level across 10 deals totalling 21,289 shares.
Similarly, in the financial sector, Middlesea Insurance plc shares moved 2.2 per cent higher to 88c9 albeit on low volumes of 6,550 shares.
On the other hand, the share price of Lombard Bank Malta plc shed 2.6 per cent to the €1.85 level across eight deals totalling 13,750 shares.
The only other negative performing equity was International Hotel Investments plc with a minimal decline to 83c9 on low volumes of 1,551 shares.
Meanwhile, no change was registered in the share prices of the four other active equities including FIMBank plc with a single trade of 2,400 shares executed at the 94c4US level.
Similarly, in the IT sector, Crimsonwing plc and RS2 Software plc closed unchanged at their respective previous closing prices. Crimsonwing held on to the 87c level across five deals totalling 38,500 shares and RS2 maintained the €2.30 level on a single deal of 2,000 shares.
Likewise, GO plc held on to the €1.66,5 level with 20,355 shares changing hands as investors await the Board’s decision whether to participate or otherwise in the upcoming €30 million rights issue of Forthnet.
The only other active equity was Medserv plc with 7,500 shares changing hands at the €1.34 level – unchanged from the previous close.
On the bond, the Rizzo Farrugia MGS Index dipped a further 0.1 per cent lower to a new three-week low of 1,018.994 points as Eurozone yields breached the 1.75 per cent level in view of the fastest growth rate registered by Spain’s services sector since June 2010 which eased fears over the region’s growth and disinflation.
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