MSE: GO rises on heightened activity timesofmalta.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesofmalta.com Daily Mail and Mail on Sunday newspapers.
The MSE Equity Total Return Index lost ground, as it closed in negative territory at 8,016.442 points.
A total of 19 equities were active, 10 of which headed north, while another four closed in the opposite direction. Total weekly value increased by 16% to €0.87 million – generated across 158 transactions.
Medserv plc shares gained 17.5%, as the company announced that it has successfully concluded a conditional agreement with the shareholders of Regis Holdings Limited.
The company added that the execution of the said agreement will, upon completion, bring together the two groups of companies and, subject to shareholder approval, the Company will be renamed MedservRegis.
The acquisition of the shares in Regis will be financed through the issuance of 47,893,229 ordinary shares of a nominal value of €0.10c per share and a share premium of €0.58c in favour of the shareholders of Regis, subject always, amongst others, to the approval of shareholders of the company in the gener
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.
The MSE Equity Total Return Index lost ground, as it declined by 0.5% to 7,844.819 points. Total weekly turnover was up by circa €1 million when compared t
HSBC, MIA publish annual results timesofmalta.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesofmalta.com Daily Mail and Mail on Sunday newspapers.