The MSE Equity Total Return Index advanced by another 0.1% to 8,310.761 points. A total of 17 equities were active, seven of which traded lower, while another six closed higher. Total weekly turnover was lower when compared to the previous week, as it stood at €0.5m – generated across 108 transactions.
Last Thursday, Bank of Valletta plc published its interim directors’ statement for the first quarter of 2021. Profit before tax for the first quarter of FY 2021 amounted to €9.3m. This was in line with underlying performance trends experienced over the course of last year, conditioned by subdued activity and provisioning occasioned by the COVID-19 environment.