On Thursday the Malta Stock Exchange Index gained 0.4 per cent as five equities were negotiated across 20 deals for a total value of €46,706.  Three were positive, one was negative and one was stable.  Seventy-nine deals were carried out on the stock exchange for a total value of €9,409,312.

MIDI plc was the best performer of the session as its share price appreciated by 2.9 per cent and closed at €0.350 when 51,000 shares were negotiated across three deals.

Bank of Valletta plc gained 1.4 per cent and saw its share price close at €2.080 as 11 transactions were carried out across 5,991 shares.

The share price of GO plc gained 2.3 per cent and closed at €0.88 on two deals with a total volume of 4,000 shares.

Meanwhile Plaza Centres plc was the only negative performer of the session as its share price dropped by 2.8 per cent and closed at €1.700 on a single deal of just 600 shares.

The share price of HSBC Bank Malta plc remained stable at €2.500.

In the corporate bond market 14 bonds were negotiated across 43 deals for a total value of €339,905.  The 6.25% International Hotel Investments 2015/19 was the best performer of the session as its price gained 1 per cent and closed at €101.000 on a single deal of 10,000.  The other positive performers were the 6.3% International Hotel Investments 2013, the 7.15% Mediterranean Investments Holding 2015/17, the 6.5% Island Hotels Group Holdings 2017/19, the 6.6% Eden Finance 2017/20 and the 6.2% Tumas Investments 2017/20.  Meanwhile the 7% FIMBank 2012/19 lost most ground as its price dropped by 1.7 per cent and closed at €101.000 on three deals with a total volume of 14,000.  The other negative bonds were the 7.5% Mediterranean Investments Holding 2015 and the 7.15% Melita Capital 2014/16.

In the government bond market 16 deals were carried out for a total value of €9,022,700.  The 5.25% MGS 2030 was the best performer as it appreciated by 0.4 per cent and closed at €103.250 on three deals with a total volume of 1,500 while the 6.45% MGS 2014 II lost most ground as its price dropped by 0.3 per cent on a single deal of 699 and closed at €110.010.

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