The MSE Share Index trended higher for the third consecutive session as RS2 Software plc recorded a new high and other equities approached their respective all-time highs. The local equity benchmark edged by a further 0.1 per cent during this morning’s session to 3,493.679 points.
The equity of RS2 Software plc moved 3.6 per cent higher today to yet another all-time high of €2.25 on a single deal of 8,000 shares.
Similarly, new bids lifted the share price of Malta International Airport plc 1.9 per cent higher to €2.09,9 (just below its all-time high of €2.10) on low volumes of 2,000 shares.
The airport operator is expected to publish its October traffic results in the coming days.
MaltaPost plc’s equity also in positive territory this morning with a 3.8 per cent rise to the €1.09 level – just below its all-time high of €1.10,5. Just over 4,400 MaltaPost shares changed hands today. The postal operator generally publishes its preliminary full-year results (for the year ended September 30) by early December.
Positive movements also registered in the share price of GO plc with a 1.3 per cent increase to €1.54 across three deals totalling 4,000 shares. Likewise, Simonds Farsons Cisk plc edged 0.4 per cent higher to regain the €2.85 level across 10,321 shares.
On the other hand, following three sessions of increases, the share price of Bank of Valletta plc slipped 0.7 per cent back to the €2.58 level on declining volumes of 18,734 shares.
The only other negative performing equity as Lombard Bank Malta plc with a minimal decline of 0.1 per cent to €1.89,9 on low volumes of 2,650 shares.
Meanwhile, HSBC Bank Malta plc held on to the €2.65 level on volumes of 10,000 shares and Middlesea Insurance plc traded unchanged at the 85c level on volumes of just over 5,000 shares.
Similarly, Malita Investments plc maintained the 53c level across two deals totalling 20,000 shares.
On the bond market, the Rizzo Farrugia MGS Index eased 0.1 per cent to 1,021.730 points as Eurozone yields regained the 1.71 per cent in spite of expectations of further stimulus measures (including a further interest rate cut) by the European Central Bank (ECB) following this Thursday’s monetary policy meeting.
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