The MSE Equity Total Return Index managed to recover some lost ground during this four-day trading week, as it closed 1.7% higher at 8,183.486 points. A total of 20 equities were active, nine of which registered gains while another seven closed in the red.
Total weekly turnover declined by almost half compared to last week, as €0.9 million was traded across 168 transactions.
HSBC Bank Malta plc was up by 8%, as it closed at €0.95 – translating into a €0.07 increase. A total of 21 deals involving 95,030 shares were executed, generating a total weekly turnover of €88,615. On a year-to-date basis, the equity is up by 5.6%.
This week’s top performance was recorded by FIMBank plc, as the share price of the banking equity registered a double-digit gain of 22.2%. Four deals involving 7,000 shares pushed the price to $0.44.
The MSE Equity Price Index trended lower for the second consecutive session on Thursday, with a marginal decline of 0.03% to 3,990.067 points as MIA, HSBC and H
The MSE Equity Price Index started the week on a strong footing as it jumped by 2.3% to 4,018.364 points. The gains in 9 equities outweighed the declines in BMI
The MSE Equity Total Return Index closed the first week of February 2.5 per cent lower at 8,045.256 points.
A total of 20 equities were active, four of which headed north while another 14 closed in the opposite direction.
A total weekly turnover of €1.7 million was generated across 153 transactions.
In the banking sector, HSBC Bank Malta plc gained 6 per cent to close the week as the top performing equity.
A total of 187,077 shares were executed across 19 transactions, pushing the price €0.05 higher to €0.88 after trading at a weekly low of €0.82.
Bank of Valletta plc (BOV) shares started off the week on a positive note, as the equity traded at a high of €0.95 but did not manage to sustain the gain, as it closed at €0.93.
The MSE Equity Total Return Index ended the week 0.5% higher at 8,255.308 points. Out of 15 active issues, five headed north while another four closed in the opposite direction.
A total weekly turnover of €0.5 million was generated across 97 transactions.
This week was the last trading week for January, during which the local equities index declined by 2.6%.
Various equities from different sectors declined, however both LifeStar Holding plc and Malta Properties Company plc (MPC) gained 10%.
The most liquid equity was Bank of Valletta plc, generating a total weekly turnover of €166,406. It started off the week on a positive note and traded 0.2% higher, but failed to sustain the gain by end of week, closing at the €0.94 price mark – equivalent to a 0.8% decline over the previous week.