Trading activity for the final session of the week resulted in a further decline of the local equity Index as it shed half a percent to close at the 3035 level. Activity in the equity market was spread over an aggregate of 23 deals in 6 different listings.

Bank of Valletta was the session’s most liquid equity as investors swapped a total of 16,909 shares over 6 deals for a market consideration of €44,846. The financial services company lost a negligible one tenth of a cent during the day to close practically unchanged at €2.65.

HSBC Bank Malta was the day’s worst performer as the equity shed 5c or 1.9 per cent to end the session at €2.55. The Bank was nevertheless the day’s most actively traded equity as investors struck 8 deals for a market value of €17,149.

Both FIMBank and Lombard Bank Malta ended the session in the red as they lost 1c of a dollar and 2c to close at $1.27 and €2.58 respectively. Trading activity in the dollar denominated equity was very low and spread over a single deal whilst two investors swapped a total of 6,700 Lombard Bank shares

Malta International Airport headed the list of gainers during the session as the equity increased by 10c or 5.0 per cent on fresh buying activity to end the day at €2.10. Investors in the airport operator transacted a total of 4,400 shares over 2 deals.

GO shares edged marginally higher as the equity rose by a mere 0c1 to terminate at €1.75. The quadruple play communications’ company struck a total of 5 deals for a monetary value of €11,719. The company announced that Forgendo Limited (the joint venture company between Go and Emirates International Telecommunications) has acquired a further 300,000 shares in Forthnet, for a total consideration of €627,720.

In the fixed interest sector of the market, activity was spread over 9 government stocks and 6 corporate bonds. The worst performer in the government securities was the 5.00% MGS 2021 which shed 89 ticks over 2 deals to close at €100.88.

This article was compiled by Bank of Valletta plc which is licensed to

conduct investment services business by the MFSA. Bonds and shares may be

purchased and sold from any BOV branch. Further details may be obtained by contacting us on tel.: 2131-2020 or email: [email protected]