The MSE Equity Total Return Index returned to negative territory, as it closed 2.5% lower, reaching 7,975.798 points – the lowest since November 2020.
A total of 21 equities were active, five of which headed north while another 11 closed in the opposite direction. Total weekly turnover increased by €0.16 million, as it amounted to €1.1 million, generated across 171 transactions.
The highest liquidity was recorded in the property sector, as turnover in Malita plc increased by more than ten times, amounting to €314,517. This was the result of five deals involving 349,463 shares, leaving no impact on the equity’s previous closing price of €0.90.
Malta Properties Company plc was also active but closed unchanged at €0.56. A total of 22,000 shares changed ownership across four transactions.
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.