The MSE Share Index lost some of the gains of the past two trading sessions as it retreated by 0.04% to 4,441.671 points today on subdued volumes as just over €123,000 worth of shares traded – the lowest level of activity in over two weeks.
Today’s decline in the local equity index reflected the drop in the share prices of MIDI plc and Mapfre Middlesea plc which retreated by 1.0% and 0.5% to €0.38 and €2.20 respectively on trivial volumes. In an Interim Directors’ Statement issued recently, MIDI explained the latest developments with respect to the Manoel Island project.
All other active equities closed unchanged today. In the retail banking sector, Bank of Valletta plc (18,025 shares) and HSBC Bank Malta plc (19,242 shares) maintained the €2.20 and €1.60 levels respectively. The equity of BOV briefly dipped below the €2.20 level and touched an intra-day low of €2.195 – the lowest level since mid-January 2016.
GO plc managed to rebound from an intra-day low of €2.88 to close unchanged at the €2.90 level across 10,000 shares. Last week, GO replicated an announcement issued by Tunisie Télécom which confirmed its intention to proceed with a voluntary offer to all shareholders of GO...
