The MSE Equity Total Return Index returned to positive territory, as it closed 1.7% higher at 8,309.976 points. A total of 13 issues were active, seven of which headed north while another five closed in the opposite direction.
RS2 Software plc (RS2) shares headed the list of gains with a double-digit gain, while hotels operator International Hotel Investments plc (IHI) also played its part in this week’s gain. Total weekly turnover amounted to €0.4m, generated across 145 transactions.
RS2 shares gained 13.3% to end the week at €2.04, following a company announcement on Tuesday. During the week, the equity also reached a six-month high of €2.12 and a low of €1.82. A total of 29,053 shares changed hands across 13 transactions worth €55,625.
The MSE Equity Total Return Index recouped some lost ground, as it closed 0.3% higher at 7,881.467 points. Fourteen equities were active, five of which headed north while another six closed in the opposite direction. Total weekly turnover stood at €0.4 million – generated across 98 deals.
Malta Properties Company plc recorded this week’s highest liquidity, as total turnover amounted to €90,013. The equity traded 10 times over a spread of 161,820 shares, resulting into a 3.7% increase to €0.56. On a year-to-date basis, the equity is up by 12%.
Also in the property sector, a sole deal of 1,000 MIDI plc shares pushed the price 1.4% higher to €0.426. Meanwhile, Malita Investments plc traded twice over 12,400 shares, to close 1.1% lower at €0.88.