The Malta Stock Exchange Index finished practically unchanged on Monday, shedding less than a single point, to close at 3,522.120 on moderate volume of 130,714 shares across 34 trades.
The single mover in the session was GO plc, which dropped marginally, losing 0c1, or 0.1 per cent, to close at €1.899 in a single deal of 5,000 shares. At the end of the session, the best unsatisfied bid stood at €1.850 for 2,000 shares while the best unsatisfied offer stood at €1.899 for a total of €5,000 shares.
FIMBank plc, one of the two most heavily traded stocks on the day, closed unchanged at US$0.940 in three trades for a total of 50,000 shares. At the end of the session, the best unsatisfied bid stood at US$0.920 for 5,339 shares while the best unsatisfied offer stood at €0.950 for a total of €4,500 shares.
The other equity to trade in heavy volume was International Hotel Investments plc, which also closed unchanged, ending the day at €0.770, in three trades for a total of 50,000 shares.
Bank of Valletta plc, which has climbed substantially so far in November after issuing its 2010 full year results, also finished unchanged, closing out the session at €3.700, in 16 trades for a total of 13,786 shares.
Shares in the other large retail banking firm, HSBC Bank Malta plc, also ended flat and closed at €2.980, on low volume of 6,053 shares across seven trades.
Lastly, Middlesea Insurance plc ended the day unchanged at €1.050, on four deals for a total of 5,675 shares,
Trading in the corporate bond market saw €124,894 nominal across 23 deals exchange hands, as the market finished mixed. The biggest move in the day was made by the 6.50% Island Hotels Group Holdings 2017-2019 bond, which closed €1.50, or 1.5 per cent higher, to finish at €103.50 in a two deals for a total of €8,600 nominal.
Investors dumped holdings in government stocks yesterday as all eight of the issues to trade in the day finished lower, with €167,192 nominal across 12 deals taking place. Taking the biggest hit was the 4.80% MGS 2016 II issue, which dropped €0.63, or 0.6 per cent, to close at €106.96 in a single deal of €18,635 nominal.
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