The Malta Independent 23 August 2026, Sunday
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FIMBank Trades in heavy volume

Malta Independent Friday, 13 May 2011, 00:00 Last update: about 16 years ago

The Malta Stock Exchange Index gained another seven points, or 0.2 per cent on Thursday, to end at the 3,317.814 level.

Shares in the local telecommunications provider, GO plc, put in the day’s best showing by adding 4c, or 3.1 per cent, to end at €1.340 in four deals for a total of 2,365 shares.

Bank of Valletta plc shares added 1c, or 0.4 per cent, and closed at €2.820 in ten deals for a total of 13,013 shares.

FIMBank plc, meanwhile, was the day’s heaviest traded equity, witnessing 150,000 shares change hands across five deals. The shares of the specialty bank closed unchanged at €0.840.

Also trading in the day was the equity of Malta International Airport plc, which also ended the day unchanged. Six deals for a total of 12,370 shares saw the local airport operator’s shares round out trading at €1.680.

The corporate bond market finished mostly lower again yesterday as four of the seven bonds to trade in the session closed lower while just a single issue ended the day higher. The 4.8% Bank of Valletta Plc Sub € 2020 bond suffered the biggest loss, dropping €0.50, or 0.5 per cent, to close at par, or €100.000 in four deals for a total of €16,300 nominal. The 4.25% FIMBank plc USD 2013 bond managed to climb €0.240, or 0.2 per cent higher, to close at €99.990 in five deals across a total of €53,000 nominal. On Wednesday, the corporate bond market saw six of the eleven issues to trade ending lower, while three finished higher.

Trading in the government bond market remained very light on Thursday as just three issues saw action for a total of €814,278 nominal. The 7.8% MGS 2018 bond gained €0.640, or 0.5 per cent to end at €122.570 in a single deal of €2,330 nominal. On Wednesday, just two issues traded for a total of €5,099 nominal.

This article has been prepared by Bank of Valletta p.l.c. (the Bank) for your general information only and is not intended to address your particular requirements. This information is not a solicitation or offer by the Bank to acquire or sell securities. Nor does it constitute any form of advice or recommendation by the Bank. Appropriate independent advice should be obtained before making any such decision. The price of investments can go down as well as up, and investors may not get back the amount they invested. Past performance is not necessarily a guide to future performance. Bank of Valletta p.lc. 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]

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