The MSE Equity Price Index rebounded by a minimal 0.06 per cent to 4,328.174 points on Wednesday, reflecting the gains in FIMBank, Main Street Complex and Santumas while a further six shares closed the day unchanged.

Trading volumes reached a four-day high of €0.47 million, with activity in HSBC representing half of the total value of equities traded.

HSBC Bank Malta plc traded unchanged at the €1.72 level on heightened activity totalling 134,000 shares.

Within the same sector, Bank of Valletta plc held on to the €1.45 level after recovering from a fresh multi-year low of €1.44. A total of 32,532 shares changed hands.

Also among the large companies, Malta International Airport plc retained its all-time high of €6.05 across 12,936 shares.

Two deals totalling 24,194 shares left the equity of Trident Estates plc at the €1.34 level. On Wednesday, the company reported a marginal loss of €0.01 million in the six-month period ended July 31, 2018. Trident also noted that the Trident Park project is proceeding as planned and it is expected that the first tenants would be ready to move in at the start of 2021.

GlobalCapital plc and MaltaPost plc also closed the day flat at €0.256 and €1.63 respectively albeit on light volumes.

Low trading activity also took place in the equity of Main Street Complex plc which rebounded by 2.3 per cent to the €0.655 level.

FIMBank plc added 0.8 per cent to an over six-month high of $0.61 on volumes of 67,720 shares.

Santumas Shareholding plc moved 2.3 per cent higher to regain the €1.35 level across 15,800 shares.

The RF MGS Index eased by a further 0.02 per cent to a fresh four-year low of 1,084.508 points as eurozone sovereign yields continued to inch higher ahead of the conclusion of the US Federal Reserve monetary policy meeting later on today.

www.rizzofarrugia.com

Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results.

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