Daily Stock Market Review – September 6, 2021
The MSE Equity Price Index fell for the first time in five sessions as it declined by 0.38% to 3,912.229 points. The losses in BOV, GO and HSBC outweighed the gains in MPC while Mapfre traded flat. Meanwhile, overall trading activity was exceptionally on Monday with just under €14,000 changing hands.
Today’s worst performing equity was HSBC Bank Malta plc which dropped by 3.7% to a 9-month low of €0.78 level across a single deal of 3,000 shares.
In the same sector, Bank of Valletta plc shed 0.6% to the €0.895 level albeit across trivial volumes.
BOV’s insurance associate, Mapfre Middlesea plc, closed unchanged at the €2.14 level as 1,146 shares changed hands.
GO plc eased by 0.6% to the €3.38 level on two deals totalling 2,366 shares.
Elsewhere, Malta Properties Company plc climbed by just under 1% to the €0.53 level across a single trade of insignificant volumes.
The RF MGS Index started the week with a decline of 0.10% to 1,092.097 points.
Today, it was announced that new orders for German manufactured goods unexpectedly increased by 3.4% month-over-month in July 2021, following an upwardly revised 4.6% rise in June. Meanwhile, rising eurozone inflation is providing the...