Following last Friday's 2.1% increase, the share price of Bank of Valletta plc added a further 0.6% during this morning's session to regain the €3.39 level although on low volumes of 1,460 shares. Moreover, International Hotel Investments plc (IHI) reversed last Friday's 3.5% decline to regain the €0.85 level across two trades amounting to just over 12,000 shares.

Gains were also registered by the IT company 6pm Holdings plc. A single trade of 6,000 shares was effected this morning at the limit-up price of GBP0.53 - a new 2010 high for the equity. Recently 6pm announced that the Group has successfully deployed its Electronic Document Management System (EDMS) at NHS Haringey - a London Trust which will cater for 600 users.

Further to this announcement, in its Interim Directors' Statement published last week 6pm stated that it is cautiously optimistic of concluding a substantial contract negotiation by the end of June 2010 which may result in a respectable performance for the first half of the year.

6pm also explained that it also saw the early signs of an end to the postponement of material contract opportunities seen in 2009 which is encouraging and supports 6pm's expectations of an improvement in prospects and order book for the remainder of 2010.

Following the closure of the new Malta Government Stock issues last Friday, attention now turns to the corporate bond market. Preferred applicants with respect to the bond issues of Eden Finance plc and Simonds Farsons Cisk plc have to submit their application forms by next Thursday and Friday respectively. Further information on both bond issues is available at www.rizzofarrugia.com.

www.rizzofarrugia.com