On Thursday the Malta Stock Exchange Index gained 0.1 per cent to 2,936.237 as six equities were negotiated across 17 deals for a total value of €101,278.    A total of 51 transactions was carried out for a total value of €10,992,139.

Bank of Valletta plc was the only positive performer of the session as its share price gained 0.7 per cent or 0.015c to €2.140 as 5,740 shares were negotiated across seven deals for a total value of €12,283.

On the other hand Loqus Holdings plc was the only negative performer of the session as its share price dropped by 8.1 per cent to €0.147 on a single deal of 100 shares for a total value of a mere €14.70.

Meanwhile the share prices of HSBC Bank Malta plc, Plaza Centres plc, RS2 Software plc and Simonds Farsons Cisk plc remained stable.

In the corporate bond market 16 deals were carried out for a total value of €79,692.  The 4.8% Bank of Valletta 2020 was the best performer of the day as its price gained 0.5 per cent to €101.600 on three deals with a total volume of 6,400.  The other positive performers were the 5.35% Bank of Valletta 2019 and the 7% Grand Harbour Marina 2017/20.  Meanwhile the 6.25% International Hotel Investments 2017/20 was the only negative performer of the day as its price dropped by 1.4 per cent to €100.500.

In the government bond market 18 deals were carried out for a total value of €10,811,169.  The 7.8% MGS 2018 was the best performer of the session as its price gained 0.3 per cent to €123.660 on a single deal of 2,330.  The other positive performers of the session were the 6.35% MGS 2013 II, the 5.1% MGS 2014 III, the 3.75% MGS 2015 VI, the 4.3% MGS 2016 IV, the 4.6% MGS 2020, the 5% MGS 2021 and the 5.25% MGS 2030.  On the other hand the 5.9% MGS 2015 II lost most ground as its price dropped by 0.1 per cent to €110.510 on three deals with a total volume of 6,989.  The other negative performer of the session was the 4.3% MGS 2022 II – Retail.

This article has been prepared by Bank of Valletta p.l.c. (the Bank) for your general information only and is not intended to address your particular requirements. This information is not a solicitation or offer by the Bank to acquire or sell securities. Nor does it constitute any form of advice or recommendation by the Bank.  Appropriate independent advice should be obtained before making any such decision.  The price of investments can go down as well as up, and investors may not get back the amount they invested. Past performance is not necessarily a guide to future performance.

Bank of Valletta p.lc. is licensed to conduct investment services business by the MFSA. Bonds and shares may be purchased and sold from any BOV branch. Further details may be obtained by contacting us on Tel. 2131 2020 or email: customercare@bov.com