MSE Equity Price Index moves lower for 2nd consecutive day

The MSE Equity Price Index extended Monday's drop of 0.48% by a further 0.32% to 4,338.392 points, largely driven by the declines in the share prices of IHI and HSBC which outweighed the gains in four other equities. Most of Tuesday's trading activity took place in BOV and Plaza while various equities traded on low volumes. Plaza Centres plc climbed 2% back to the €1.04 level after recovering from an intra-day low of €1.00 (-2%). A total of 103,900 shares changed hands. Shareholders as at close of trading on April 26, 2018 will be entitled to a net dividend of €0.0294 per share. Also in the property segment, Midi plc added 1.7% to an over seven-week high of €0.356 across 34,200 shares. The company is scheduled to reveal its 2017 financial performance on April 23, 2018. PG plc rebounded from its nine-month low of €1.30 to the €1.31 level (+0.8%) on a single deal of just 3,815 shares. RS2 Software plc surged by 2.2% to regain the €1.38 level across 10,207 shares. The company still has to announce the date of the publication of the 2017 financial results due by the end of April. In contrast, HSBC Bank Malta plc dropped back to the €1.70 level (-1.7%) on six deals totalling 17,558...