Last Updated 07 | 02 | 2013 at 14:40

Business & Technology

Low trading activity in the equity market

Article By: news

The MSE index finished Thursday’s session 0.08% higher at 3236.501 with four equities being active and just one registering movements.

HSBC Bank closed the day 0.11% higher at €2.72,3 after trading unchanged at €2.72 for five consecutive sessions.

Bank of Valletta, which was the most actively traded equity of the day, closed unchanged at €2.25 with 24,048 shares exchanging hands across 15 deals.

Malta International Airport traded in high volumes with 93,600 shares being negotiated without affecting the last traded price of €1.79.

Two deals were executed in RS2 at its all-time high of €0.86.  RS2 is currently the third best performer for 2013 as the equity registered an increase of 16.22% since 01 January 2013.

Malita Investments announced today that the Board of Directors is scheduled to meet on 22 February 2013 to consider and approve the Company’s Audited Financial Statements for the financial year ended 31 December 2012 and to consider the declaration of a dividend.

Trading in the Malta Government Stocks market exceeded €1.3 million whilst the Corporate Bonds market once again experienced low trading activity with just 27,900 nominal exchanging hands for a total value of €28,746.

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.

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