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PG, IHI and BOV lift index

The MSE Equity Total Return Index closed another week in the green, as it reached 8,303.294 points – equivalent to a 0.6% weekly change and a 7% month-on-month increase. During the week, a total of 16 equities were active, four of which headed north while eight closed in the opposite direction. Total weekly turnover was lower than the previous week, as it amounted to €0.86m – generated across 118 transactions. Retail conglomerate, PG plc, reached another all-time-high price of €2.50, registering the best performance of 20.2%. The equity was trading flat at the beginning of the week until it spiked to €2.50 last Wednesday, as one deal of 50 shares was executed in the final minutes of trading. During the week, a total of 88,750 shares changed hands over seven deals, worth €0.18 million. From a year-to-date perspective, the equity is up by 25%.

MSE Equity Price Index rebounds by 1 1%

Large caps push MSE Index higher

The MSE Equity Total Return Index (MSE) registered a further 3.2% increase, as investors’ sentiment improved possibly on the back of the relaxation of some Covid measures. Most large caps gained, as International Hotel Investments plc (IHI) jumped by 33%. On the other hand, technology companies declined. The local equities index finished the week at 8,042.663 points. Following the gains in the past two trading weeks, the MSE Index has recovered some lost ground since the beginning of the year and is now down by 5 per cent. A total of 19 equities were active, nine of which traded higher while another six closed in the red.  During this four-day trading week, total turnover was €0.7 million.

GO, BMIT announce dividends

MSE Index ends the week higher

The MSE Equity Total Return Index recouped some lost ground, as it closed 0.3% higher at 7,881.467 points. Fourteen equities were active, five of which headed north while another six closed in the opposite direction. Total weekly turnover stood at €0.4 million – generated across 98 deals. Malta Properties Company plc recorded this week’s highest liquidity, as total turnover amounted to €90,013. The equity traded 10 times over a spread of 161,820 shares, resulting into a 3.7% increase to €0.56. On a year-to-date basis, the equity is up by 12%. Also in the property sector, a sole deal of 1,000 MIDI plc shares pushed the price 1.4% higher to €0.426. Meanwhile, Malita Investments plc traded twice over 12,400 shares, to close 1.1% lower at €0.88.

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