Following the declines of the previous two days, the MSE Equity Price Index on Wednesday rebounded by 0.12% to 4,340.393 points, largely driven by the gains in the share prices of GO and HSBC which, coupled with the increases in Tigne’ Mall and Mapfre Middlesea, outweighed the declines in BOV and Trident.
GO plc added 1.1% to a five-month high of €3.52 on activity totalling 21,881 shares.
HSBC Bank Malta plc recaptured the €1.78 level (+0.6%) across 43,047 shares whilst Mapfre Middlesea plc advanced by 1.6% to the €1.85 level albeit on just 1,250 shares.
Tigne’ Mall plc surged 5.3% to regain the €1.00 level on three deals totalling 11,000 shares. Yesterday, Tigne’ Mall announced that it entered into a preliminary agreement with MIDI plc for the acquisition of the temporary utile dominium related to the garage complex known as “T1 Car Park” located in Tigne’ Point comprising 132 car spaces over three underground levels. The consideration to be paid by Tigne’ Mall to MIDI amounts to €4.6 million.
Within the same segment, Malita Investments plc and Malta Properties Company plc traded unchanged at €0.87 and €0.50 respectively on shallow volumes.
Malta International Airport plc...
