On Wednesday the Malta Stock Exchange Index appreciated by 0.2 per cent and closed at 3,052.525 points as four equities were negotiated across 14 deals for a total value of €83,471.  A total of 58 deals for a total value of €503,390 were carried out on the Exchange today.

GO plc was the best performer of the session and reached a new high as its price appreciated by 4.9 per cent and closed at €1.070 when 11,450 shares changed hands across eight transactions.

In the banking sector FIMBank plc saw its price gain 1.1 per cent and close at $0.850 on a single deal of 51,714 shares.  The share price of Bank of Valletta plc was also positive on a single deal of just 750 shares leading to an increase of 0.05 per cent in the share price which closed at €2.061.

Meanwhile RS2 Software plc was the only negative performer of the session as its share price dropped by 0.9 per cent and closed at €0.500 on four deals with a total volume of 69,200 shares.

In the corporate bond market 12 bonds were negotiated across 23 deals.  Three were positive, four were negative and five remained stable.  The 6.2%-6.8% International Hotel Investments 2013 and the 6.5% International Hotel Investments 2012/14 gained 1 per cent and closed at €101.000 respectively.  The 4.25% FIMBank 2013 was the other positive bond.  Meanwhile the 4% AX Investments 2013, 5.35% Izola Bank 2015, 6% Simonds Farsons Cisk 2017/20 and 6% Corinthia Finance 2019/22 were negative.

In the government bond market 21 transactions were carried out across 12 bonds all of which were negative.  The 5.00% MGS 2021 and the 5.10% MGS 2022 lost most ground as their price dropped by 0.8 per cent respectively. The 5.00% MGS 2021 closed at €106.870 on three deals with a total volume of 12,999.  The 5.1% MGS 2022 closed at €106.550 on a single deal of 373.

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