MSE equity price index extends rebound

The MSE Equity Price Index added a further 0.07% to a 2-week high of 3,640.750 points as the gains in BOV, BMIT and Hili Properties outweighed the losses in several other equities. Overall activity in equities eased to just €0.08 million compared to €0.41 million yesterday.              

Bank of Valletta plc surged by 4.5% to an over 5-week high of €0.815 across 12,560 shares. 

BMIT Technologies plc added 2% to regain the €0.51 level on 12,000 shares. Shareholders as at close of trading on 20 April will be entitled to receive a final net dividend of €0.02497 per share.    

The other positive performing equity today was Hili Properties plc as it rose by 5% to the €0.254 level across 37,120 shares. 

In contrast, Malita Investments plc fell by 5.1% to an over 2-week low of €0.75 across 10,000 shares. 

Within the same segment, VBL plc retracted by 1.6% back to the €0.25 level on a single deal of 10,000 shares.  

Among the large companies by market value, HSBC Bank Malta plc shed 2.4% to the €0.80 level on a total of 25,094 shares. 

Also within the banking sector, FIMBank plc eased by 0.9% to a fresh all-time low of USD0.218 on two deals totalling 12,067 shares. Today, FIMBank...