On Tuesday the Malta Stock Exchange Index dropped by 0.08 per cent to 3,001.989 as three equities were negotiated across 15 deals for a total value of €189,448.  A total of sixty deals were carried out on the exchange during the day for a total value of €2,079,215.

In the equity market Bank of Valletta plc was the only positive performer of the day as its share price appreciated by 0.4 per cent to €2.159 when 4,355 shares changed hands across five deals.

HSBC Bank Malta plc was the most active during the session as 67,223 shares were negotiated across six deals leaving the share price with a drop of 0.5 per cent to €2.620.

MaltaPost plc which was the other traded equity remained stable at €0.910 as 4,155 shares were negotiated across four transactions.

In the corporate bond market ten bonds were negotiated as 31 deals were carried out for a total value of €259,321.  Two were positive, two were negative and six remained stable.  The 7.15% Melita Capital 2014/16 was the best performer as its price gained 0.9 per cent to €102.000 on nine deals with a total volume of 95,500.  The other positive bond was the 7% MIDI 2016/18 as its price gained 0.2 per cent to €102.000 on a single deal of 10,000.

On the other hand the 7.5% Mediterranean Investments Holding 2015 lost most ground as its price dropped by 0.1 per cent to €100.000 on three deals for a total volume of 3,400.  The other negative performer was the 7% FIMBank 2012/19 which dropped by 0.01 per cent to €102.980 on a single deal of 10,000.

In the government bond market 14 bonds were negotiated across 14 deals for a total value of €1,630,445.  The best performer for the day was the 3.75% MGS 2015 VI which gained 0.2 per cent to €103.520.  The other bonds which appreciated in value were the 7.8% MGS 2013, the 4.8% MGS 2016 II, the 4.25% MS 2017 III (Fungible Issue – Nov – Retail) and the 5% MGS 2021.

Meanwhile the 6.45% MGS 2014 II lost most ground as its price dropped by 0.08 per cent to €110.930.  The other negative performers were the 7.8% MGS 2012, the 5.7% MGS 2012 III, the 5.1% MGS 2014 III and the 6.1% MGS 2015.

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