Daily Stock Market Review – December 6, 2021
The MSE Equity Price Index opened the week in negative territory as it slid by 0.65% to a 1-year low of 3,749.651 points.
MIA, IHI, GO, Malita and Farsons all ended lower while only HSBC closed higher. Meanwhile, three other companies ended the day unchanged as the total value of shares traded was the highest in over a week at €0.16 million.
Malta International Airport plc lost 2.6% to a 1-year low of €5.70 albeit most trades took place at last Friday’s closing price of €5.85. A total of 1,208 shares changed hands across four deals.
Also among the large companies by market cap, International Hotel Investments plc declined by 2.6% to the lowest level in 8 months at €0.565 across 3,258 shares.
Today’s worst-performing equity - Malita Investments plc – dropped by 3.1% to the lowest level since April 2020 at the €0.78 level on four deals totalling 12,000 shares.
GO plc eased by 1.2% to the €3.34 level after partially recovering from an intraday low of €3.32 (-1.8%) as 5,000 shares changed hands.
Simonds Farsons Cisk plc moved 1.2% lower to the €8.40 level on a single trade of 480 shares.
Monday’s only positively performing equity, HSBC Bank Malta plc advanced by 1.2% to the...