The MSE Equity Price Index opened the week in negative territory as it slipped by 0.84% to a near three-week low of 4,455.627 points mainly due to the declines in HSBC and IHI. On the other hand, MIA advanced on strong volumes whilst BOV, RS2 and Farsons closed the day unchanged.

HSBC Bank Malta plc shed 5.5% to the €1.73 level on a single deal of just 5,913 shares. This morning, the Bank announced that its Board of Directors is scheduled to meet on Tuesday 19 February 2019 to consider and approve the 2018 financial statements. The Directors will also consider recommending a final dividend for approval at the upcoming Annual General Meeting scheduled to be held on Wednesday 17 April 2019.

Also among the large companies, International Hotel Investments plc lost 3.2% back to the €0.60 level across 6,099 shares.

Low trading activity also took place in the equities of Medserv plc and Main Street Complex plc. Medserv fell 3.5% to the €1.11 level whilst Main Street Complex moved back below its IPO price of €0.65 to the €0.64 level.

In contrast, Malta International Airport plc gained 1.7% to the €5.90 level after failing to hold on to an intra-day high of €6.00 (+3.4%). A total of 26,924 shares changed hands, representing 56% of the total value of equities traded on the local Borza today. The airport operator is soon expected to publish its 2018 traffic results as well as its passenger and financial forecast for 2019.

Mapfre Middlesea plc and Loqus Holdings plc both finished higher by nearly 3% at the €2.10 and €0.077 levels respectively on trivial volumes.

Meanwhile, Bank of Valletta plc retained the €1.32 level after opening at its multi-year low of €1.30 on a total of 51,053 shares.

Three deals totalling 24,454 shares left the equity of RS2 Software plc unchanged at the €1.40 level.

Simonds Farsons Cisk plc maintained the €8.75 level on insignificant volumes.

GO plc today announced that the Listing Authority approved the Prospectus for the upcoming IPO of BMIT Technologies plc (“BMIT”) and the admissibility to listing of the ordinary shares of BMIT on the regulated main market.

The RF MGS Index slumped by 0.2% to 1,092.838 points. Euro zone bond prices trended higher today as risk aversion across international financial markets continued to ease on hopes that current negotiations between the US and China on trade will eventually lead to positive outcomes.

www.rizzofarrugia.com

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