Farsons share price reaches new record high

The share index closed higher for the fourth consecutive trading session as it advanced by a further 0.6 per cent to a three-week high of 4,457.122 points. The positive performance of the Index was mainly spearheaded by Farsons and Malta Properties as both equities registered strong gains. Meanwhile, following the poor trading volumes seen yesterday, trading activity across the equity market surged to €0.85 million – the highest level in 11 weeks. Most of today's trading activity took place in the equity of Malta International Airport, as 12 deals totalling 97,260 shares having a market value of more than €0.41 million (representing 48.6 per cent of the total value of equities traded today) pushed the share price back to the €4.26 level (+0.5 per cent). Meanwhile, Ryanair today launched its 2017 summer schedule and announced that the six new winter routes to Brussels, Catania, Nuremberg, Toulouse, Valencia and Vilnius will be retained all-year round. The new flights will be increasing the airline's summer schedule by 20 per cent, bringing the total number of routes to 42. Moreover, Ryanair will also be increasing flight frequency to Dublin and East Midland and adding an aircraft...

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