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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. ....

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Sentiment remains negative across local equities


The MSE Equity Total Return Index registered a further 1.4% decline, as losses in the opening and closing sessions were enough to outweigh the gains in the other three sessions. The local equities’ index ended the week at 8,241.788 points.
A total of 19 equities were active, three of which headed north, while another 10 closed in the opposite direction.
A total weekly turnover of €0.8 million was generated over 152 deals.
BMIT Technologies plc was the most liquid equity, as it registered a total turnover of €161,511 during the week.
The equity started off the week on a positive note, as it reached €0.49 but did not manage to sustain the gain, as it closed flat at €0.48 yesterday. ....

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