Further demand for RS2 Software plc shares emerged during this morning’s session enabling the equity to reach yet another all-time high of €1.16,5.

However, volumes dropped to 6,630 shares. In its most recent communications to the market, RS2 revealed the potential of further significant licence sales in addition to the start of the first managed services contract in April which should generate a new recurring revenue stream.

Moreover, the group also announced that an investor is interest in acquiring at least a 10 per cent shareholding in RS2.

Similarly, other equities continue to be supported close to their all-time highs. Malta International Airport plc held on to the €2 level across 22,000 shares and MaltaPost plc maintained the €1.05 level on a single trade of 20,000 shares.

In the banking sector, Bank of Valletta plc edged 0.4 per cent higher to regain the €2.25 level on volumes of 25,328 shares.

On the other hand, HSBC Bank Malta plc held on to the €2.64 level across 3,697 shares whilst FIMBank plc slipped one per cent to below the US$1 level for the first time in almost six weeks.

A single deal of 500 Island Hotels Group Holdings plc helped the equity partially recover recent declines with a 7.1 per cent increase to recapture the 58c9 level.

New bids also lifted the share price of Malita Investments plc by 1.2 per cent to 52c5 on low volumes of 8,550 shares. Meanwhile, 10,400 Plaza Centres plc shares traded unchanged at the 57c level.

This morning, the Malta Stock Exchange announced that 3.6 million new shares of Lombard Bank Malta plc have been listed pursuant to the one for 10 bonus share issue. The total number of issued shares of Lombard Bank Malta plc now amounts to just over 39.7 million.

On the bond market, the Rizzo Farrugia MGS Index reversed yesterday’s 0.3 per cent increase to drop back to 1,020.554 points as Eurozone yields surpassed the 1.45 per cent level on the back of further indications that the European Central Bank (ECB) will maintain its accommodative stance which in turn led investors to favour riskier assets.

Yesterday, the Treasury of Malta published the results of the Malta Government Stock issues.

The Treasury revealed that it received a total of 5,752 applications for the two new Malta Government Stocks for a value exceeding €282.5 million (nominal) compared to the €170 million on offer.

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