The equity of Bank of Valletta plc trended higher for the third consecutive session as it closed the session 0.4 per cent higher to regain the €2.37 level across 11 deals totalling 25,124 shares.

The bank is expected to publish its interim results for the six months ended  March 31 on April 25.

On the other hand, the share price of GO plc retreated by one per cent back to the €1.98 across four trades totalling 5,134 shares.

Today, the quad-play telecoms operator mailed out to shareholders the 2013 annual report and all the relevant documentation in connection with the upcoming annual general meeting scheduled to be held on May 6.

Malita Investments plc shares also traded in negative territory as its share price slipped 1.8 per cent from its all-time high of 55c to 54c on low volumes of 6,000 shares.

Meanwhile, the equity of HSBC Bank Malta plc recovered from an intra-day low of €2.36 to end the session unchanged at the €2.38 level across 15,479 shares.

This morning, the bank held its annual general meeting during which shareholders approved all the items on the agenda including the final gross dividend of 5c2 per share as well as a one for nine bonus share issue.

The dividend will now be paid on April 25. Shareholders as at the close of trading on April 24 will be eligible to receive the bonus shares.

Similarly, the share price of International Hotel Investments plc ended the session unchanged at the 83c level on low volumes of 4,000 shares.

On the bond market, following three consecutive sessions of increases, the Rizzo Farrugia MGS Index edged 0.1 per cent higher to 1,032.656 points for the first time since the data was collected in 2009.

This reflects the decline in Eurozone yields to near 11-month lows of 1.485 per cent as Eurozone inflation dropped to 0.5 per cent (the lowest levels since November 2009) in March to keep the pressure on the European Central Bank (ECB) to enact further stimulus measures.

www.rizzofarrugia.com

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