The MSE Equity Price Index moved higher for the sixth consecutive day as it added a further 0.02% to 4,434.345 points due to the gain in RS2 which slightly outweighed the drop in MaltaPost. Meanwhile, a further four shares ended the day unchanged.

Most of Wednesday's trading activity took place in MIA and RS2.

RS2 Software plc opened at a low of €1.45 (-1.4%) but still managed to end the day in positive territory with a gain of 0.7% to a fresh 10-month high of €1.48 across 59,500 shares.

Malta International Airport plc closed unchanged at the €6.25 level after touching an intra-day high of €6.30 on strong volumes totalling 34,609 shares.

Also among the large companies, Bank of Valletta plc ended flat at the €1.28 level after recovering from a fresh multi-year low of €1.275 (-0.4%). A total of 55,788 shares changed hands.

Midi plc retained the €0.66 level across 18,680 shares while a single deal of 9,200 shares left the equity of PG plc at the €1.33 level.

Meanwhile, MaltaPost plc shed 1.5% to the €1.28 level albeit on insignificant volumes.

The RF MGS Index eased by 0.08% to 1,104.175 points as the benchmark 10-year German Bund yield retracted back to the 0.2% mark. Fresh economic data published today within the euro area was largely negative. In particular, an index gauging the level of confidence among consumers and businesses fell by more than expected to an over two-year low. Similarly, another index tracking consumer inflation expectation slipped to a one-year low.

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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