High Activity in the Equity Market
The last trading session of the week saw high activity in the MSE’s equity market with over 367,000 shares exchanging hands across a total of 54 trades in 14 of the listed companies.
HSBC shares edged higher by 0.74% to €2.74 with just over 29,000 shares being traded across five deals, while BOV gained 0.88% as over 75,000 shares were negotiated across 19 trades to close at €2.28 .
Lombard and GO each closed the session one cent higher at €1.89 and €1.38 respectively, while IHI edged slightly higher by 0.14% to €0.74,1.
Losses were registered in the other active equites with 6pm Holdings losing the most ground, shedding 6.45% to GBP0.29. Grand Harbour Marina shares declined by 1.05% to €1.88 while MIA eased 0.67% lower to €1.77,6.
The Government of Malta will be issuing two fixed rate Malta Government Stocks; 3% Malta Government Stock 2019 (III), and 4.5% Malta Government Stock 2028 (II). The prices for both stocks offered for subscription by members of the public shall be established on Thursday 21st February, 2013 around 4.00 p.m. Applications open on Monday 25th February, 2013 at 8.30 a.m. and close on Wednesday 27th February, 2013.
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.