MSE Equity Price Index falls to an over 16-month low
The MSE Equity Price Index extended yesterday’s losses as it fell by a further 0.64% to an over 16-month low of 3,620.657 points. PG, GO and the ordinary shares or RS2 moved lower whilst MaltaPost plc added 1.9% to regain the €1.10 level across 4,320 shares. Meanwhile, four other companies ended the day unchanged. Overall trading activity in equities decreased to €0.19 million compared to €0.24 million yesterday.
Malta International Airport plc was the most actively traded equity today as it retained the €5.65 level on three deals totalling 26,954 shares having a market value of €0.15 million and representing 82% of today’s total value of equities traded.
Also among the large companies by market value, HSBC Bank Malta plc (15,337 shares) and Bank of Valletta plc (7,316 shares) closed unchanged at €0.83 and €0.77 respectively.
Three deals totalling 2,002 shares left the share price of International Hotel Investments plc at the €0.60 level.
Low trading activity also took place in GO plc and the ordinary shares of RS2 Software plc. GO eased by 3% to an over six-weeks low of €3.18 whilst RS2 fell to €1.60 – the lowest level since July 2019.
PG plc retracted by 2.6% back...