Share Index climbs to 3-week high

The share index advanced by 0.31 per cent to 4,487.932 points – the highest level for this month – as seven equites trended in positive territory, four closed unchanged whilst only two (BOV and MIA) finished lower.

Today’s trading volumes of €861,000 declined from yesterday’s exceptionally high level, but still remained elevated. Week-on-week, the index advanced by 0.42 per cent on robust trading volumes of €3.82 million.

Today’s top performer was FIMBank. The equity advanced 4.1 per cent to the 63c5US level across 23,467 shares. The trade finance specialist will reveal its 2015 financial results on March 15.

HSBC edged up by 0.8 per cent to the €1.61 level across 51,840 shares. The bank is scheduled to publish its 2015 financial statements on Monday.

GO advanced by 0.2 per cent to the €3.27 level across heightened activity totalling 45,850 shares. Shareholders as at the close of trading on April 7 will be entitled to a final net dividend of 10c per share, payable on May 13 subject to shareholders’ approval at the upcoming annual general meeting scheduled to be held on May 11. In the meantime, the company is evaluating a number of non-binding bids from parties interested in...