BOV reaches new 10-year high

As the Malta Stock Exchange held its first extended trading session (from 09:30 am to 15:30 pm), the MSE Share Index remained in negative territory with a further marginal dip to 4,703.205 points as the declines across six equities (including HSBC, GO and RS2) offset the increases in five other equities including BOV which closed at a fresh 10-year high. Bank of Valletta plc added a further 0.9% to yet another new 10-year high of €2.24 across thirteen deals totalling 40,423 shares. Similarly, Malta International Airport plc edged 0.2% higher to regain the €4.20 level albeit on shallow volumes of 1,190 shares. Today, shareholders should have received the 2016 Annual Report and the documentation in connection with the upcoming Annual General Meeting scheduled to be held on 10 May 2017. The other positive performing equities were all from the property segment with Plaza Centres plc moving 2.4% higher to close at the €1.05 level on volumes of just over 72,000 shares. Weaker volumes were transacted in MIDI plc as its share price edged 1.6% higher to recapture the €0.32 level on a single deal of 3,000 shares ahead of the Group’s 2016 results publication on Thursday. Likewise, Malta...