The share price of RS2 Software plc continued to advance with an increase of a further 1.4 per cent closing today’s session at a new record level of €1.11,5 on heightened activity amounting to 77,200 shares.
The equity of RS2 rallied by over 60 per cent since the start of 2013 following the publication of the financial results confirming a 32.5 per cent increase in pre-tax profits to €3.1 million and the new contracts awarded to the company.
Moreover, last week, the directors of RS2 revealed that an investor is interested in acquiring at least a 10 per cent shareholding in the company.
Malta International Airport plc’s equity closed the day unchanged at the €2 level but the initial trade took place at a new intra-day high of €2.05.
A total of 18,250 shares changed hands today. Yesterday, the company held its annual general meeting and the net final dividend of 4c per share will be distributed to all shareholders on June 5.
The MSE Share Index shed 0.2 per cent to 3,343.872 points reflecting the minimal share price declines in BOV, MaltaPost and Grand Harbour Marina.
After gaining 1.4 per cent yesterday on higher volumes, the share price of Bank of Valletta plc eased by 0.9 per cent to €2.21 on lower activity amounting to 8,413 shares.
MaltaPost plc shed 0.5 per cent on a single trade of 3,472 shares with the equity of Grand Harbour Marina plc returning to activity for the first time in a month with a trade of 5,400 shares at €1.85, representing a drop of 0.5 per cent from the previous trade price.
Meanwhile, three other equities closed the day unchanged. HSBC Bank Malta plc continued to trade at the €2.65 level on volumes of 3,700 shares with GO plc holding on to the €1.57 level after opening the day at €1.55,5 on total volumes of 9,940 shares. The only other active equity was Middlesea Insurance plc with a mere 600 shares changing hands at 85c.
On the bond market, the Rizzo Farrugia MGS Index closed minimally higher at 1,020.654 points as a number of the longer-term Malta Government Stock prices moved higher. Subscriptions by retail investors for the two new Malta Government Stock issues closed this afternoon and tenders from institutional investors must be lodged by next Monday.
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