MSE Equity Price Index drops to 16-month low
The MSE Equity Price Index eased by a further 0.18% to the lowest level since November 2020 of 3,634.880 points driven by the declines in RS2, Hili Properties and Trident. GO, M&Z and Loqus registered gains while four other equities remained unchanged. Trading activity remained subdued with only €0.04 million worth of shares changing hands.
The ordinary shares of RS2 Software plc moved 1.8% lower to the €1.65 level on one deal of 1,177 shares. This afternoon, RS2 announced that it has been made aware that a shareholder intends to acquire a substantial shareholding of not less than 10% from another shareholder.
Elsewhere, Hili Properties plc dropped by 3.2% to €0.242 - the lowest level since its listing in December 2021 - on a single trade of 20,000 shares.
Trident Estates plc eased by 1.4% to the €1.46 level after partially recovering from an intraday low of €1.37 (-7.4%) on volumes of a mere 1,000 shares.
A single deal of 1,170 shares pushed the share price of GO plc 0.6% higher to the €3.24 level. GO will be publishing its 2021 annual financial statements on 30 March.
M&Z plc gained 2% to the highest level since its listing earlier this month of €0.765 on a single deal of...