The Malta Stock Exchange Index added just over three points, or 0.1 per cent, to close at 3,400.252 in a mixed day of trading. Volume was exceptionally light as 24,166 shares changed hands across 22 deals.
In the banking sector, Bank of Valletta plc, added 3c9, or 1.4 per cent, to close at €2.829 on very light volume of 2,491 shares across 6 deals.
HSBC Bank Malta plc shares were uncharacteristically silent, closing the session unchanged in light volume of 5,500 shares across six deals to end at €2.980.
Stock of the local airport operator, Malta International Airport plc, added 1c, or 0.6 per cent, to finish the session at €1.720, in a single trade of 2,000 shares.
Closing lower were the shares of the local telecommunications provider GO plc, which fell 3c, or 2.2 per cent, and ended at €1.350 in six deals for a total of 12,975 shares.
MIDI plc shares also closed lower, dropping 2c, or 4.6 per cent, to end at €0.420 in a single deal of 1,000 shares.
The other equity to trade in the session was Island Hotels Group Holdings plc, which closed unchanged at €0.895 in very light volume of 200 shares across two deals.
Before the start of trading, Global Capital plc announced that its annual general meeting will be held on 24 June 2011 and that all shareholders on the company record as of 25 May 2011 shall be entitled to vote at the said meeting.
In the government bond market, investor sentiment was clearly positive as all seven of the bonds to trade in the session closed higher. The day’s biggest gainer was the 5.5% MGS 2023 (I) bond, which added €0.300 or 0.3 per cent, to close at €106.750 in a single deal of €1,165 nominal. Total trading volume in the MGS market was light at €286,537 nominal across eleven trades.
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