Third straight day of gains for MSE Index

The MSE Share Index closed in the black today for the third consecutive trading session as it reached a five-day high of 4,563.341 points (+0.03 per cent). Trading activity was spread across twelve equities with five registering gains, another six shares ended in negative territory whilst only 6pm Holdings finished unchanged. Despite the broad activity, total value of equities traded was very low with only €217,000 worth of shares changing hands. Week-on-week, the MSE Share Index closed minimally lower with a decline of 0.11 per cent.A single deal of 6,498 shares lifted the equity of FIMBank plc to a fresh six-year high of USD0.85 (+0.6 per cent). On Thursday, the trade finance specialist held its Annual General Meeting (AGM) during which top executives remarked that the Bank continued to register positive results during the first four months of the year.The biggest driver behind today’s movement in the Index was International Hotel Investments plc. The hotel chain operator advanced by 3.2 per cent to the €0.64 level across just 5,000 shares.Also among the large companies, Malta International Airport plc regained the €4.37 level (+0.5 per cent) across 2,129 shares. MIA is due to...