The MSE Equity Price Index rebounded by 0.24% to 4,653.294 points on the back of the gains in BOV and Farsons which was only partially offset by the minimal decline in RS2. A further five equities ended today’s session unchanged amid a further slowdown in trading activity as the total value of equity market trades dropped to just above the €0.1 million mark.
The equity of Bank of Valletta plc edged 0.3% higher to €2.097 across eight deals totalling 17,355 shares.
Similarly, Simonds Farsons Cisk plc trended in positive territory with a 3.1% jump to yet another all-time high of €8.249 albeit on a single trade of 111 shares.
On the other hand, RS2 Software plc eased minimally lower to €1.779 on shallow volumes of 8,300 shares.
Meanwhile, no changes were recorded in the share prices of HSBC Bank Malta plc at €1.92 and Lombard Bank Malta plc at €2.20 across 15,045 shares and 1,500 shares respectively.
Likewise, GO plc maintained the €3.57 level on a single deal of 1,400 shares and a further 300 shares of PG plc were exchanged at the equity’s all-time high of €1.400 across a single trade.
The only other active equity was Malita Investments plc as the equity held on to the €0.75 level on volumes of 15,974 shares. The company is due to pay the recently declared net interim dividend of €0.00858 on Thursday, September 7.
The RF MGS Index remained practically unchanged today at 1,126.780 points as the benchmark 10-year German Bund yield continued to trade around the 0.38% level this morning, However, by this afternoon, the benchmark 10-year German Bund yield slumped back below the 0.35% level as markets fear further nuclear tests by North Korea despite condemnation by various world leaders.
Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results.