Subdued activity across local equities
The MSE Equity Price Index rebounded by 0.21% to 3,670.567 points as the gains in BMIT and RS2 offset the declines in Malita and Hili Properties. Meanwhile, another five companies traded unchanged as overall trading activity in equities contracted to just €0.05 million compared to €0.11 million yesterday.
M&Z plc was the most actively traded equity today as it remained at the €0.75 level across two deals totalling 27,620 shares.
HSBC Bank Malta plc traded unchanged at the €0.88 level on 4,050 shares.
Also in the retail banking sector, Bank of Valletta plc stayed at the €0.78 level on 2,701 shares. Today, BOV announced that its Board of Directors is scheduled to meet on Tuesday 22 March to consider and approve the financial statements for the year ended 31 December 2021.
Malta Properties Company plc and GO plc also closed the day flat at €0.525 and €3.20 respectively albeit on shallows volumes. MPC is due to publish its 2021 full-year results on Thursday 17 March.
GO’s data centre and managed IT services subsidiary – BMIT Technologies plc – added 0.4% to the €0.492 level on a total of 7,200 shares.
The ordinary shares of RS2 Software plc erased yesterday’s losses with a...