MSE share index posts 3-day positive streak

The MSE Share Index moved higher for the third consecutive day as it gained a further 0.08% to 4,544.229 points. Trading activity was spread across five equities only, two of which registered gains, another two finished the day lower whilst Malta Properties Company plc maintained the €0.60 level on trivial volumes. Trading volumes were relatively healthy as €0.31 million worth of shares changed hands today of which nearly €0.25 million (or 79.4%) took place in Bank Valletta plc. The equity eased minimally to €2.328 after touching a fresh near nine-year high of €2.33. A total of 105,647 shares traded today. Shareholders as at close of trading on Monday 14 November will be entitled to a final gross dividend of €0.0852 (net: €0.0554) per share. Medserv plc dipped to an intra-day new fourteen-month low of €1.46 (-2.0%) before closing at the €1.48 level (-0.7%) across 24,000 shares. In contrast, Malta International Airport plc extended yesterday’s gains as it advanced by 1.2% to the €4.08 level on volumes totalling 6,157 shares. On Monday, MIA published its October traffic results revealing a 10.4% increase over the same month last year to over half-a-million passengers – the first...