newsare.net
The MSE Equity Price Index dropped by 0.26% to 4,813.852 points as the declines in BOV and HSBC, coupled with the negative performance of Mapfre Middlesea, outweighed the gains in three other shares. Meanwhile, FIMBank, MIA and MPC ended the day unchanged whiBOV & HSBC force the local equity index lower
The MSE Equity Price Index dropped by 0.26% to 4,813.852 points as the declines in BOV and HSBC, coupled with the negative performance of Mapfre Middlesea, outweighed the gains in three other shares. Meanwhile, FIMBank, MIA and MPC ended the day unchanged while trading volumes improved to €0.33 million from €0.19 million on Wednesday. Bank of Valletta plc retracted by 1.4% to the €1.38 level after partially recovering from an intra-day low of €1.335 (-4.6%). A total of 30,019 shares changed hands. On Thursday morning, the bank published a prospectus in connection with the issuance of €50 million 3.75% unsecured subordinated bonds maturing between 2026 and 2031. Shareholders as at close of trading today will receive one bonus share for every 10 shares held. The equity turns ex-bonus as from next Monday June 10. Within the same segment, HSBC Bank Malta plc eased by 0.6% to the €1.63 level across 5,500 shares. Mapfre Middlesea plc shed 0.9% to €2.20 on trivial volumes. Conversely, BMIT Technologies plc added 0.9% to regain its highest closing price ever of €0.55 level on heightened volumes totalling 284,652 shares having a total market value of €0.16 million. GO plc recaptured the... Read more