The Malta Independent 2 April 2020, Thursday

Financial

SoftBank abandons plan for $3bn WeWork tender offer

Thursday, 2 April 2020, 10:51 Last update: about 4 hours ago

The Maltese market closed in the green on Wednesday, with MSE total index ending the session 1.629% higher to 7,887.544 points. The best performer was HSBC Bank Malta plc with 11.11% surge to close at...

Markets end mixed as virus takes toll

Wednesday, 1 April 2020, 11:34 Last update: about 1 day ago

US markets closed lower on Tuesday, ending a wild first quarter as concerns over the ongoing coronavirus pandemic overshadowed policymakers' attempts to easy the risks of economic damage. The Dow...

Markets retreat after strong surge

Monday, 30 March 2020, 13:57 Last update: about 3 days ago

US markets close lower on Friday after posting double-digit gains last week as the number of US coronavirus cases surpassed those in China. The Dow Jones Industrial Average fell 915.39 points, or 4.1...

Markets continue their surge

Friday, 27 March 2020, 12:41 Last update: about 6 days ago

Markets continue to surge on stimulus hopes and Ford plans production for April US markets surged higher on Thursday, closing up for the third day in a row as investors took comfort from the...

Swiss exchange SIX to Acquire BME

Thursday, 26 March 2020, 13:04 Last update: about 7 days ago

The Maltese market closed in the green on Wednesday, with MSE total index ending the session 1.052% higher to 7,659.688 points. The best performer was the Malta International Airport plc with 5.29%...

Dow notches largest single-day point gain

Wednesday, 25 March 2020, 11:48 Last update: about 8 days ago

US markets soared on Tuesday amid growing optimism that the US Congress will agree on a fiscal stimulus package aimed at fighting the economic impact of the current virus pandemic. The Dow surged...

Unlimited Quantitative Easing as the Fed goes all-in

Tuesday, 24 March 2020, 12:18 Last update: about 9 days ago

The US Federal Reserve announced unlimited bond and mortgage-backed securities purchases in a sweeping addition to earlier emergency moves.  While US Markets initially spurted higher, the rally...

Markets end week lower

Monday, 23 March 2020, 16:53 Last update: about 9 days ago

US markets ended the week lower on Friday as another volatile session battered stocks. The Dow Jones Industrial Average fell 913.21 points, or 4.6 percent, to 19,173.98 while the S&P 500 index...

NYSE to temporarily close trading floor

Thursday, 19 March 2020, 14:00 Last update: about 13 days ago

The Maltese market closed in red on Wednesday, with the MSE total index ending the session 2.25% lower to 8055.672 points. The best and only one performer in the green was BMIT Technologies plc, by...

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