Five equities drag the MSE Equity Price Index lower

The MSE Equity Price Index moved 0.59% lower to 3,581.590 points on Thursday, reflecting the declines of BMIT, GO, BOV, IHI and Malita. Meanwhile, MIA closed unchanged as overall trading activity amounted to €0.13 million.

BMIT Technologies plc was the most actively traded equity as it shed 2.2% to the €0.45 level on volumes totalling 117,000 shares.

BMIT’s parent company – GO plc – eased by 1.4% to the €2.80 level across four trades totalling 9,275 shares.

Bank of Valletta plc fell by 1.1% to €0.93 across two trades totalling 15,000 shares.

International Hotel Investments plc dropped by 2.4% to a 6-month low of €0.61 on two trades totalling 24,500 shares.

A single trade of 3,356 shares pulled the share price of Malita Investments plc 14.3% lower to the lowest level in over eight years of €0.60.

Malta International Airport plc traded flat at the €5.65 level across seven deals totalling 4,159 shares.

On Wednesday, MIA announced that during the month of December, it welcomed 421,468 passengers which is equivalent to 88.3% of the movements handled in the same month in 2019 and marks the strongest recovery rate achieved since the start of the pandemic.

MIA explained that the seat...