The MSE Equity Total Return Index returned in positive territory, as it reached 8,252.192 points – equivalent to a 2.9% weekly change. During the week activity increased by 13%, as total turnover amounted to €1.04 million, generated across 134 transactions.
Out of 19 active equities, 11 registered gains while another five lost ground.
Retail conglomerate, PG plc reached an all-time-high of €2.12 last Wednesday but did not manage to sustain the gain, as it closed the week at €2.08 – translating into a 1% increase.
Eight deals involving 20,072 shares were executed.
Last Thursday, HSBC Bank Malta plc (HSBC) held its annual general meeting and approved all the proposed resolutions.
The shareholders also approved the final gross dividend of €0.0116 per share, representing a final gross payment of €4,179,550.75 as recommended by the board. HSBC shares recorded a 1.2% decline in price, as they closed at €0.85.