The share index extended its positive run as it registered its fifth consecutive daily increase with a further 0.2 per cent uplift to yet another five-year high of 3,914.715 points as most active equities once again trended in positive territory.

Among the large cap equities, the share price of HSBC edged 0.5 per cent higher to €1.85 across nine deals totalling 16,594 shares.

Likewise, the equity of Malta International Airport inched minimally higher to close at the €3.37,5 on volumes of 8,870 shares.

RS2 Software advanced by 0.6 per cent to yet another record of €3.40 albeit on just 5,200 shares ahead of the annual general meeting scheduled to be held on June 9.

Tigné Mall also reached a fresh all-time high of 85c, up 6.3 per cent from the previous closing price, but activity was limited to a mere 2,000 shares.

Also in the property segment, the share price of Midi continued to recover with a fourth consecutive gain to the 31c level (+1.3 per cent) for the first time since late February 2014 on a deal comprising 15,000 shares.

The only other positive performing equity was Mapfre Middlesea with a 1.6 per cent rise to the €1.42,2 level – the highest since November 2009 – on just 144 shares.

On the other hand, Bank of Valletta eased 0.6 per cent lower back to the €2.26,5 level across 18trades totalling 35,932 shares.

Meanwhile, GO held on to the €3.08 level across 9,925 shares and International Hotel Investments maintained the 80c level on a single trade of 2,000 shares. IHI is scheduled to hold its annual general meeting on June 11.

Medserv maintained the €2.16 level on activity of 9,500 shares.

On the bond market, the Rizzo Farrugia MGS Index eased 0.2 per cent lower to 1,148.267 points as the benchmark Eurozone 10-year Eurozone yield this morning approached the 0.58 per cent level on rumours that Greece and its international creditors might be edging closer to a new debt deal.

This afternoon the benchmark 10-year yield in Europe continued to trend higher to around the 0.65 per cent level following the release of inflation figures which showed a better-than-expected 0.3 per cent increase in prices across the Eurozone during May.

www.rizzofarrugia.com

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