Despite the marginal increase in the share index today, the equity benchmark still closed the week 1.1 per cent lower at 3,286.0615 points.
Bank of Valletta eased 0.2 per cent lower to €2.24,1 on subdued trading activity of only 5,554 shares.
Similarly, a single deal in Crimsonwing caused the share price to drop 2.5 per cent to the 76c9 level. The last time that this equity traded was back in the beginning of October. Investors are still awaiting news regarding the intention of the potential bidders following the approval during the August annual general meeting to furnish such bidders with price sensitive information.
Meanwhile, HSBC, MIDI and Malita Investments closed the session unchanged. HSBC closed at €1.90 after failing to hold on to an intra-day high of €1.93. A total of 30,779 shares traded tofay.
MIDI retained its 21c all-time low level on a single trade of 5,000 shares and Malita Investments continued to trade at its record level of 60c with a further 10,000 shares changing hands.
Meanwhile, gains were registered in the share prices of the six remaining active securities. Medserv led the pack of gainers with an increase of 1.9 per cent to an 11-month high of €1.35 across 5,566 shares followed by Tigne Mall with a rise of 1.8 per cent to 56c on a single deal of 12,000 shares.
RS2 Software recovered most of yesterday’s losses as it advanced by 1.4 per cent to the €2.93 level across six trades totalling 8,088 shares.
Earlier this week, RS2 explained that the group continued to generate a strong operating and financial performance, for both the software licensing and managed services businesses.
Most notably, RS2 reported that it is in the process of negotiating a new licence deal with a client in Europe which is expected to be concluded during the first quarter of 2015 and it is negotiating new letters of intent to provide services to clients within Europe and North America reflecting the increasing demand for RS2’s managed services.
MaltaPost edged up 0.8 per cent to regain its all-time high of €1.20 ahead of the publication of the September 2014 financial statements on December 9 and Malta International Airport moved 0.4 per cent higher to €2.37 across 5,000 shares.
Meanwhile, FIMBank regained the 60cUS level after touching a fresh all-time low of 55cUS on total activity of 53,600 shares. Earlier this week, the bank issued a negative interim statement highlighting the increasing impairment situation of the group.
On the bond market, the Rizzo Farrugia MGS Index edged 0.1 per cent higher to 1,091.574 points.
Benchmark Eurozone yields were nearing their all-time lows at 0.78 per cent earlier on today as the European Central Bank’s president Mario Draghi reiterated that since there is no sign of economic improvement in the region, the ECB will be doing “whatever it takes” to re-ignite economic growth, including sovereign bond buying.
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