On Friday the Malta Stock Exchange index appreciated by 0.7 per cent and closed at 3,036.136 points as three equities were negotiated across 10 deals for a total value of €63,776.

HSBC Bank Malta plc was the only positive performer of the session as its share price appreciated by 3.1 per cent and closed at €2.610 on seven deals for a total volume of 19,500 shares.

On the other hand, Simonds Farsons Cisk plc was the only negative performer as its share price dropped by 6.9 per cent and closed at €2.000 on a single deal of 5,500 shares.

Meanwhile the share price of Bank of Valletta plc remained stable at €2.050.

In the corporate bond market four bonds were negotiated across eight deals.  The 7.5% Mediterranean Investments Holding 2015 was the only positive performer as its price gained 0.5 per cent and closed at €100.530 on two deals with a total volume of 462,100.  On the other hand the 7.15% Mediterranean Investments Holding 2015/17 was the only negative performer as its price dropped by 0.2 per cent and closed at €99.800 on three deals with a total volume of 50,000.

In the government bond market eight bonds were negotiated with four gaining ground, two were negative and two remained stable.  The 5.1% MGS 2022 was the best performer of the session as its price gained 0.5 per cent and closed at €107.370 on a single deal of 2,300.  The 4.8% MGS 2016 II gained 0.1 per cent and closed at €108.000 on a single deal of 8,153.  The 7.8% MGS 2018 gained 0.3 per cent and closed at €124.130 on a single deal of 32,612 and the 5% MGS 2021 appreciated by 0.1 per cent and closed at €107.630 on two deals with a total volume of 14,000.

The 5.1% MGS 2014 III lost most ground as its price dropped by 0.09 per cent and closed at €105.620 on a single deal of 592,730.  The other negative bond was the 6.35% MGS 2013 II which dropped by 0.05 per cent and closed at €104.160 on a single deal of 8,000,000.

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