RS2 surges to yet another record high

The MSE Equity Price Index drifted lower for the third consecutive session as it eased by a further 0.11% to a one-week low of 4,822.051 points. Several equities trended in negative territory whilst only RS2 moved higher. Meanwhile, four companies closed the day unchanged as trading activity improved further to €0.39 million compared to €0.25 million yesterday.

RS2 Software plc climbed 3.8% to a fresh all-time high of €2.20 on two deals totalling 9,400 shares. The equity has rallied by almost 77% since the start of the year.

Also among the large companies, Malta International Airport plc retracted back to the €7.25 level (-1.4%) across 14,000 shares. Last Friday, MIA released its traffic results for the month of October in which it revealed an 8.8% increase in passenger movements to more than 700,000 passengers. October also marked the end of the Summer season (April-October) during which the company registered a 7.7% increase to 5.1 million passenger movements.

GO plc slipped by 0.5% to the €4.22 level on a total of 22,620 shares.

Two deals totalling 11,900 shares forced the equity of PG plc to move 3.8% lower to the €1.77 level.

Light trading activity also took place in the...