MSE Equity Price Index halts three-day negative streak

The MSE Equity Price Index opened this shortened week in positive territory as it rebounded by 0.65% (the sharpest daily uplift in over two weeks) to 3,671.697 points on Monday, albeit on light trading activity amounting to just €0.05 million.

The gains in MIA, HSBC, Mapfre Middlesea and Trident outweighed the declines in four other equities (including BOV, RS2 and Farsons) whilst MPC and MaltaPost closed the day unchanged.

No trading will take place on Tuesday, due to a national holiday.

Malta International Airport plc added 2.9% to regain the €4.98 level across 1,000 shares. HSBC Bank Malta plc and Mapfre Middlesea plc climbed 1.3% and 11.1% higher to €0.81 and €2.00 respectively albeit on trivial volumes. Two deals totalling 700 shares lifted the equity of Trident Estates plc 3.4% higher to €1.53.

Trident is due to publish its interim financial results on 16 September. Within the same sector, Malta Properties Company plc maintained the €0.51 level across 10,000 shares.

Likewise, MaltaPost plc retained the €1.05 level on a single deal of 3,000 shares. Meanwhile, Medserv plc eased by 0.8% to the €0.615 level across 2,250 shares.

Medserv announced that it has been awarded a...