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Positive week for equities

The MSE Equity Total Return Index extended its positive trend for the seventh consecutive week, having registered a positive 2.1 per cent increase to 8,528.554 points. A total of 20 equities were active, 14 of which headed north, while another four closed in the red. A total weekly turnover of €1.6 million was generated across 253 transactions. Telecommunications company, GO plc¸ was the most active, as it generated a total turnover of €212,639. A total of 21 deals involving 62,301 shares pushed the price 12.5% higher, reaching the €3.60 price level – a six-month high. On the other hand, its subsidiary, BMIT Technologies plc, declined by 0.8% as 301,866 shares changed hands over 25 deals. The equity ended the week at the €0.48 price level.

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