On Wednesday the Malta Stock Exchange Index appreciated by 0.4 per cent and closed at the 3,053.373 level as three equities were negotiated across 19 deals for a total value of €147,988.  Sixty transactions were carried out on the exchange for a total value of €1,008,012 during the day.

In the equity market Plaza Centres plc was the best performer of the day as its share price appreciated by 2.4 per cent and closed at €0.579 on a single deal of 3,000 shares.

HSBC Bank Malta plc was the other equity which registered a change in price as its price appreciated by 1.5 per cent and closed at €2.650 on eight transactions with a total volume of 15,525 shares.

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

In the corporate bond market ten bonds were negotiated across 17 deals, four were positive, one was negative and five remained stable.  The 6.2% Mizzi Organisation Finance 2016/19 was the best performer of the session as its price appreciated by 1.4 per cent on a single deal of 3,100.  The other positive bonds were the 4.6% HSBC Bank Malta 2017 which appreciated by 0.2 per cent and closed at €102.00 on a single deal of 13,977, the 7.15% Mediterranean Investments Holding 2015/17 which appreciated by 0.4 per cent and closed at €99.90 on a single deal of 18,000 and the 7% MIDI 2016/18 which appreciated by 0.05 per cent and closed at €101.20 on four deals with a total volume of 17,100.  

The only negative performer of the session was the 7.15% Melita Capital 2014/16 which dropped by 0.3 per cent and closed at €102.60.

In the government bond market, 11 bonds were negotiated across 24 deals.  Eight were positive and three were negative.  The 3.75% MGS 2017 IV – Retail was the best performer of the session as its price appreciated by 0.9 per cent and closed at €103.01 on a single deal of 14,700.  On the other hand the 5.2% MGS 2031 lost most ground as its price dropped by 0.1 per cent and closed at €101.75 on five deals with a total volume of 31,500.

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