Business & Technology
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.
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