MSE equity price posts 3-day negative streak

The MSE Equity Price Index moved lower for the third consecutive session as it slipped by a further 0.12% to 3,758.659 points. The decline in the share price of BOV outweighed the gains in Hili Properties and Loqus while MIA and MPC closed the day unchanged. Trading activity in equities amounted to €0.12 million.

Most of today’s trading activity took place in the equity of Bank of Valletta plc which lost 1.2% back to the €0.80 level on ten deals totalling 107,911 shares representing over 70% of today’s value of shares traded.

Hili Properties plc moved 0.8% higher to the €0.262 level after opening at a low of €0.25 (-3.8%). A total of 25,500 shares changed hands.

Also in the property sector, Malta Properties Company plc stayed at the €0.52 level on three trades totalling 3,870 shares. Today, MPC announced that its Board of Directors is scheduled to meet on Thursday 17 March to consider and approve the financial statements for the year ended 31 December 2021. The Board will also consider the recommendation of a dividend.

Malta International Airport plc traded flat at the €5.85 level on activity totalling 3,000 shares. On Tuesday, the airport operator reported revenues of €47.4...