The MSE Equity Price Index posted its third consecutive decline on Monday as it eased by 0.02% to 3,902.937 points. Malita and Loqus ended in negative territory
The MSE Equity Total Return Index (MSE) closed below the flat line, as it shed 1.4 per cent following a 2.5% gain the previous week, to finish at 8,094.721 poin
TThe MSE Equity Total Return Index (MSE) closed the week in the green, with a 1.3% increase to finish at 8,025.668 points. Strong gains by HSBC Bank Malta plc (
The MSE Equity Total Return Index (MSE) closed the week in the red, with a 1.3% decline to finish the week at 7,997.717 points. Tourism sensitive sectors and banks led the way lower, as International Hotel Investments (IHI), Malta International Airport plc (MIA) and the two major banks’ shares declined.
Turnover declined sharply to €0.3m from €1.5m the previous week. Seventeen equities were active, as nine declined and another five gained.
The MSE is down by 5.6% since the beginning of the year.
IHI shares declined by nearly 14%, as the equity finished the week at €0.57, a level last seen in the beginning of April.
The MSE Equity Total Return Index eked out a marginal gain, as it closed 0.05% higher at 8,040.399 points. A total of 13 equities were active, where gainers and losers tallied to five-a-piece. Total weekly turnover increased by over three times, as it reached €0.9m – generated across 78 transactions.
In the banking industry, Bank of Valletta plc started off the week on a negative note but managed to recover, as it reached a weekly high of €0.90 at which it closed.
This is equivalent to a positive 0.6% movement. A total of 16 deals involving 66,626 shares were executed.
HSBC Bank Malta plc ended the week 1.3% higher, as 31,570 shares changed ownership across seven transactions. The bank ended the week at €0.80.