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The MSE Equity Price Index opened the week in positive territory as it added 0.13% to 4,820.199 points. Three companies trended higher today whilst only BMIT posted a decline. Meanwhile, GO, HSBC and MIA all traded unchanged whilst trading volumes contractedMalta Properties Company regains 2019 high
The MSE Equity Price Index opened the week in positive territory as it added 0.13% to 4,820.199 points. Three companies trended higher today whilst only BMIT posted a decline. Meanwhile, GO, HSBC and MIA all traded unchanged whilst trading volumes contracted to €0.18 million. Bank of Valletta plc advanced by 0.4% from its pre-bonus adjusted price of €1.255 to the €1.26 level after opening at a high of €1.33 (equivalent to €1.46 when adjusted for the 1-for-10 bonus share issue). A total of 67,521 shares changed hands. Last Thursday, BOV published a Prospectus in connection with the issuance of €50 million 3.75% unsecured subordinated bonds maturing between 2026 and 2031. BOV’s insurance associate – Mapfre Middlesea plc – added 1.8% to the €2.24 level albeit on just 2,230 shares. A single deal of 16,891 shares lifted the equity of Malta Properties Company plc 0.8% higher back to its 2019 high of €0.64. Tomorrow, MPC is scheduled to hold its AGM. Conversely, BMIT Technologies plc slipped 0.9% lower to €0.545 on 12,800 shares. Meanwhile, GO plc and HSBC Bank Malta plc remained at the €4.50 and €1.63 levels respectively on light trading volumes. Four deals totalling 6,380 shares left... Read more