On Friday the Malta Stock Exchange Index appreciated by 0.1 per cent and closed at 2,985.023 points as 11 equities were negotiated across 33 deals for a total value of €65,581. A total of 66 deals were carried out on the exchange during the day for a total value of €335,510.
Crimsonwing plc was the best performer of the session as its share price appreciated by 87.5 per cent and closed at €0.300 when 38,000 shares were negotiated across eight deals. This follows a Company Announcement issued on Thursday stating that the Company has entered into a Share Purchase Agreement for, subject to the approval of shareholders, the acquisition of the remaining issued share capital of Promentum Holding BV. The motivation for the full acquisition is to fully realise the re-structuring of the three Crimsonwing Dutch businesses (Promentum Holdings BV, Crimsonwing BV and VDA Informatiebeheersing BV) into one cohesive and integrated operating unit – Crimsonwing NL which will operate in five value streams in NL under one management Board.
The other positive performer was Simonds Farsons Cisk plc which gained 6.5 per cent in its share price and closed at €1.950 on two deals with a total volume of 728 shares.
RS2 Software plc lost most ground as its price dropped by 5.4 per cent and closed at €0.520 on a single deal of 1,000 shares. HSBC Bank Malta plc was also negative as its price dropped by 0.4 per cent and closed at €2.490 on a single deal of just 150 shares. The share price of Lombard Bank Malta plc dropped by 1.3 per cent and closed at €2.270 on a single deal of 1,300 shares.
The share prices of Bank of Valletta plc, FIMBank plc, GO plc, International Hotel Investments plc, Island Hotels Group Holdings plc and Santumas Shareholdings plc remained stable.
In the corporate bond market 10 bonds were negotiated across 21 deals for a total value of €145,932. Two bonds were positive, two were negative and six were stable. The 7% FIMBank 2012/19 was the best performer as its price appreciated by 1.7 per cent on five deals for a total volume of 12,500. On the other hand the 6.25% Mediterranean Bank 2015 lost most ground as its price dropped by 0.9 per cent and closed at €100.000 on two deals with a total volume of 4,000.
In the government bond market six bonds were negotiated across 13 deals for a total value of €143,996. The 4.6% MGS 2020 was the only positive performer as its price gained 0.04 per cent and closed at €105.580 on a single deal of 2,000. Meanwhile the 5.25% MGS 2030 lost most ground as its price dropped by 0.4 per cent and closed at €102.40 on a single deal of 6,000.