The MSE Equity Price Index added 0.15% to 4,285.547 points amid weak trading activity with only €0.13 million worth of shares changing hands. Volumes in BOV accounted for over 90% of today’s activity whilst all other active shares traded on trivial amounts.

Bank of Valletta plc eased by 0.7% back to the €1.50 level across 78,080 shares.

International Hotel Investments plc and Loqus Holdings plc also trended negatively today. IHI shed 1.6% to the €0.62 level whilst Loqus retreated 3.3% to €0.087. Last Friday, IHI reported an adjusted EBITDA of €26.1 million for the first six months of 2018. This is marginally higher than the corresponding period last year. Looking ahead, the Directors noted that the general business outlook for IHI’s hotels and catering operations remains positive. Moreover, Corinthia Hotels Limited, which is IHI’s hotel management company, remains active in its drive for global growth.

Both Simonds Farsons Cisk plc and Malta Properties Company plc added 2% to €7.50 and €0.50 respectively.

Malta International Airport plc advanced 1.8% to regain the €5.65 level whilst GO plc rebounded by 1.2% to the €3.36 level albeit on just 330 shares.

Meanwhile, the equities of FIMBank plc and PG plc maintained their highest levels in five months of USD0.575 and €1.38 respectively.

A single deal of 806 shares left MaltaPost plc at its 2018 low of €1.61 whilst Trident Estates plc held on to the €1.33 level on activity of 1,294 shares.

The RF MGS Index erased yesterday’s decline as it rebounded by 0.14% to a four-day high of 1,087.603 points. Changes in the prices of Malta Government Stocks broadly mirrored movements in the yields of bonds of peripheral countries which, in turn, declined from their recent highs.


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