MSE Share Index climbs to over 2-week high
The MSE Share Index kicked-off the week in positive territory as it advanced by 0.49% to an over two-week high of 4,654.001 points. Today’s gains mainly reflect the positive performances of BOV (+1.4%), HSBC (+1%), GO (+0.6%) and MIA (+0.4%) which outweighed the declines in PG (-3%) and RS2 (-0.1%). Trading volumes were weak as only €0.18 million worth of shares changed hands.
In the retail banking sector, Bank of Valletta plc and HSBC Bank Malta plc recaptured the €2.19 level (+1.4%) and €2.00 level (+1%) across 42,319 and 10,450 shares respectively.
Also among the large companies by market capitalisation, three deals totalling 3,600 shares lifted the equity of GO plc 0.6% higher to a fresh near three-month high of €3.57.
Malta International Airport plc also trended higher today with a gain of 0.4% to the €4.145 level across 4,620 shares.
Mapfre Middlesea plc rebounded by 1.5% from its 22-month low of €1.951 to the €1.98 level on two deals totalling 4,680 shares.
In the property segment, Malta Properties Company plc advanced by a minimal 0.2% to the €0.511 level on low trading volumes.
In contrast, Malita Investments plc retained its two-year low of €0.72 across 9,000...