The MSE Equity Price Index trended higher for the first time in four trading sessions as it rebounded by a minimal 0.04% to 4,475.986 points.

Most of Tuesday's activity took place in the equities of Malita Investments plc and Bank of Valletta plc. Malita surged 6.3% to regain the €0.85 level on 11 deals totalling 163,757 shares while BOV slipped 1.1% to a near three-month low of €1.78 across 107,810 shares. The equity of BOV is still trading with the entitlement to a net dividend of €0.052 per share.

In the property segment, Malta Properties Company plc climbed 4.3% to the €0.49 level after recovering strongly from an intra-day low of €0.456 (-3%). A total of 24,700 shares changed hands.

Trident Estates plc advanced by 0.5% to the €1.91 level across 10,400 shares.

Among the large caps, GO plc recaptured the €3.60 level (+2.9%) on volumes totalling 15,800 shares.

Malta International Airport plc and RS2 Software plc also performed positively. MIA added 0.8% to the €4.94 level across 4,110 shares while three deals totalling 9,000 shares helped the equity of RS2 advance by 0.7% back to the €1.44 level. MIA shareholders as at close of trading on Wednesday will be entitled to receive a net dividend of €0.07 per share. On the other hand, RS2 still has to announce the date for the publication of the 2017 financial statements.

Medserv plc bounced back by 1.8% from its near three-year low of €1.10 to the €1.12 level on a single deal of 6,200 shares.

Meanwhile, HSBC Bank Malta plc retained the €1.86 level across 3,831 shares.

Simonds Farsons Cisk plc and FIMBank plc traded on insignificant volumes. Farsons retained its 15-month low of €6.95 while FIMBank shed 5% to an over two-year low of $0.575. The rights issue offer period of FIMBank opens on Wednesday. Eligible shareholders are entitled to subscribe to two new shares for every three existing shares at a right issue offer price of $0.55 per share.

The RF MGS Index gained 0.09% to 1,118.605 points as eurozone sovereign yields remained under downward pressure amid concerns over escalating trade barriers between the US and China. Moreover, fresh economic data published in Germany disappointed.

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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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