The share price of RS2 Software plc climbed 1.2 per cent during this morning’s session to a new all-time high of €2.46 across nine deals totalling 57,611 shares.

In its latest announcement, published on May 13, RS2 stated that during the first quarter of 2014 it increased its business with existing clients and concluded agreements with new clients.

Furthermore, the directors noted that while the group continued to look for the best opportunities, they believed that 2014 would be a very exciting year and their outlook for the year remained positive.

RS2 is scheduled to hold its annual general meeting on June 11.

Similarly, the share price of MaltaPost plc advanced by 2.7 per cent to regain its all-time of €1.15 on volumes of 20,000 shares.

During the first six months of the current financial year ending September 30, the postal operator reported a 23 per cent increase in net profit to a three-year high of €800,000 largely due to a 3.8 per cent increase in revenue to a record €11.7 million.

The company reported that the continued decline in traditional mail was mitigated by the review in certain tariffs that came into effect on January 1 as well as an increase in parcel deliveries.

Banking equities also edged higher today. The share price of Bank of Valletta plc reversed yesterday’s decline as it edged 1.4 per cent higher to regain the €2.14 level albeit on much lower volumes of 14,700 shares.

Similarly, HSBC Bank Malta plc edged 0.5 per cent as it recaptured the €2.11 level across seven trades totalling 9,620 shares.

The only other positive performer today was Malta International Airport plc with 0.4 per cent increase to €2.26 on low volumes of 600 shares.

On the other hand, the share price of International Hotel Investments plc eased one per cent lower back to the 79c level on a single trade of 1,000 shares.

Meanwhile, Lombard Bank Malta plc maintained the €1.45 level on just 110 shares and Loqus Holdings plc traded unchanged at the 10c5 level on a deal of 1,000 shares.

On the bond market, the Rizzo Farrugia MGS Index was practically unchanged at 1,040.505 points as eurozone yields were fairly stable this morning at the 1.36 per cent level.

However, by this afternoon, yields regained the 1.4 per cent level possibly on some profit taking ahead of the European Central Bank (ECB) monetary policy meeting on Thursday.

Nonetheless, the ECB is still widely expected to widen its stimulus measures especially after the weaker-than-expected inflation reading. Eurozone’s inflation dropped to 0.5 per cent in May.

Subscriptions for the newly issued Malta Government Stocks remain open until tomorrow.

The public has the opportunity to apply in the 4.3 per cent MGS 2033 (I) at a price of 100.75 per cent (YTM: 4.242 per cent) up to a maximum amount of €100,000 (nominal) per application.

Tenders in the form of sealed bids will be accepted until noon on June 9. The total aggregate amount on offer is of €100 million subject to an over-allotment option of up to a further €80 million.

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