Trading in BOV drives activity
The MSE Equity Price Index opened the week in positive territory as it climbed by 0.67% to 4,391.472 points. The gains in four large caps outweighed the declines in HSBC, Malita and MPC while a further three shares traded unchanged. Most of Monday's activity took place in the equity of BOV while several other shares traded on insignificant volumes.
Bank of Valletta plc added 2.3% to regain the €1.31 level on high volumes totalling 224,867 shares.
A single deal of 1,161 shares lifted the equity of Malta International Airport plc 0.8% higher back to the €5.95 level. Last Thursday, MIA announced that 2018 was another record year for the airport operator. Moreover, it issued its 2019 passenger forecast and financial targets indicating new expected record results. MIA also reiterated its plans on various multi-million capital investments including the expansion of the terminal building, a new apron, the parking village as well as SkyParks II.
GO plc advanced by 0.5% to recapture the €4.10 level while International Hotel Investments plc surged by 3.4% to €0.61. Both equities traded on shallow volumes.
Loqus Holdings plc rose 23.4% to the €0.095 level on trivial activity.
HSBC Bank...