GO returns back to the €0.85 level
GO gave back all of the previous session’s gains as fresh supply entered the market dragging the equity 5.45% lower to return back to the €0.85 level.
HSBC moved marginally lower as the two deals of the day were executed at the €2.74 level.
Bank of Valletta registered significant declines as sellers lowered their offers driving the equity 8.3% lower to €2.15,5 with the best outstanding offers now at €2.25.
MaltaPost was the only other active equity of the day with just under 12,000 shares exchanging hands at the last traded price of €0.63.
A nominal of 477,331 was negotiated in the Corporate Bonds market for a total value of €480,909 with most of the deals being executed in 7% GAP Developments 2011/13.
Nine Malta Government Stocks were active during Tuesday’s session with a nominal of 1,899,212 swapping hands across 24 deals for a total value of €2,029,718.
The contents do not constitute a solicitation of the purchase or sale of securities. Although HSBC makes every reasonable effort to do so, it makes no representations that the information presented is accurate, complete or timely. Accordingly, HSBC shall not be liable for any decisions made or actions taken in reliance on such information. Past performance is not necessarily a guide to future performance and the value of investments may go down as well as up.