Thursday, April 28, 2016

6pm jumps to new all-time high

The share index posted its third consecutive decline as it retreated by a further 0.07 per cent to 4,518.345 points on continued low activity at only €173,500. Ahead of the publication of the 2015 full-year results expected later on this afternoon, RS2 Software shed 2.1 per cent to a one-month low of €3.72 across 6,864 shares. Medserv closed minimally lower at the €1.79,1 level (-0.3 per cent) across 7,600 shares. The company is due to hold its annual general meeting on May 30. In contrast, following the declines of the past four trading sessions, Bank of Valletta managed to edge 0.3 per cent higher to the €2.21,8 level across 19,761 shares. Tomorrow, the bank will publish its interim financial results for the six months ended March 2016. Meanwhile, 6pm Holdings climbed 4.7 per cent to a new all-time high of 92p across 36,645 shares. Yesterday, the group revealed improved results for the 2015 financial year as net profits more than doubled from £0.81 million in 2014 to £1.69 million. The directors did not recommend the payment of a final dividend in the light of the interest being shown by third party investors to acquire all the shareholding of the company. In this respect, an...

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