The MSE Equity Price Index decreased for the third consecutive session as it fell by 0.51% to 3,711.718 points as the declines in BOV, Malita and the ordinary shares of RS2 outweighed the gain in MaltaPost. Meanwhile, four other equities closed unchanged as today’s trading activity amounted to €0.28 million.
Bank of Valletta plc shed 1.1% to the €1.88 level over nineteen deals amounting to 119,775 shares. BOV was today’s most actively traded equity accounting for more than 80% of the day’s trading activity.
The ordinary shares of RS2 plc slumped by 14.5% to the €0.294 level albeit on negligibly low volumes.
Malita Investments plc declined by 0.6% to the €0.35 level across four trades amounting to 47,334 shares.
On the other hand, MaltaPost plc gained 3.8% to the €0.44 level on one trade of 3,300 shares.
Meanwhile, APS Bank plc traded flat at the €0.48 level as 3,200 shares changed hands.
Also in the banking sector, HSBC Bank Malta plc closed unchanged at the €1.41 level over trivial volumes.
Malta International Airport plc remained unchanged at the €5.80 level across six trades amounting to 5,632 shares.
A single deal of 5,000 shares left the share price of MIDI plc unchanged at the €0.17 level.
The RF MGS Index remained practically unchanged for the second consecutive session at 899.835 points amidst conflicting data released regarding the perceived strength of the economy in the US. In this respect, the number of employed workers in the US rose by 64,000 during November, exceeding expectations and partially reversing last month’s 105,000 job decline. Meanwhile, manufacturing activity in the US grew at the slowest pace in the last five months, falling below expectations.
This report contains only public information and is not to be construed as investment advice or an offer to buy or sell securities. Information contained herein is based on data obtained from sources considered to be reliable, but no representations or guarantees are made with regard to the accuracy of the data. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Rizzo, Farrugia & Co. (Stockbrokers) Limited is a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta and a member of the Malta Stock Exchange.
