The share index trended higher for the third successive session with a further 0.2 per cent increase to 3,782.989 points largely due to the one per cent increase in the share price of HSBC to the €2.07 level across two deals totalling 10,000 shares. The bank is scheduled to hold its annual general meeting on April 22.
Similarly, the equity of Lombard advanced by 2.1 per cent to regain the €1.95 level on a single trade of 5,000 shares. Lombard is also scheduled to hold its annual general meeting on April 22.
Also in the financial sector, Middlesea Insurance edged 1.8 per cent higher to regain its 2015 high of €1.16 on shallow volumes of 6,592 shares.
Positive movements also in the share price of Malita Investments which edged 1.1 per cent higher to the 94c level across a total of 10,000 shares ahead of the company’s annual general meeting scheduled to be held on April 22.
The only other positive performing equity was Grand Harbour Marina with a 1.1 per cent increase to recapture the €1.90 level on a single trade of 1,000 shares. The company is expected to reveal its 2014 full-year results by Friday.
On the other hand, the share price of GO eased one per cent lower to €2.85 as the equity turned ex-dividend. A total of 5,870 shares changed hands today across three trades.
Meanwhile, there were no changes in the share price of Bank of Valletta at the €2.36 level across six deals totalling 14,848 shares.
Likewise, 4,503 shares of FIMBank traded unchanged at the 50cUS level across two deals. Today was the last day the equity traded with the entitlement to the one for 10 bonus share issue and as such the equity will trade ex-bonus as from tomorrow’s trading session.
No changes also in the share price of Medserv at the €1.90 level on volumes of 40,000 shares. The shares of Medserv will trade with the entitlement to the final net dividend of 5c6 per share until May 26.
The only other active equity was Malta International Airport as it also closed this morning’s session unchanged at the €3.44,8 level across seven deals totalling 38,275 shares.
On the bond market, the Rizzo Farrugia MGS Index edged a further 0.3 per cent higher to yet another all-time high of 1,167.309 points as the Central Bank of Malta once again significantly raised its indicative bid prices for the longer-term maturities.
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