Sunday, January 31, 2016

Four heavyweights drag the MSE lower

The Malta Stock Exchange (MSE) index recorded its first weekly decline for the year to close 1.08 per cent lower, at 4,472.26 points. Nevertheless, on a year-to-date basis the index still managed to end in positive territory – up by 0.9 per cent – and significantly outperforming the broader global equity markets. Losses suffered by four equities, namely Bank of Valletta plc, HSBC Bank Malta plc, Malta International Airport plc and International Hotel Investments plc, weighed heavily on the MSE given their larger weighting on the index by market capitalisation. Meanwhile, GO plc and Global... This article is part of our premium content. Full story is available on Times of Malta Premium.

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