RS2 share price drops to a near 1-year low

The MSE Share Index moved minimally higher to 4,550.124 points (+0.02 per cent) as the gains registered in the share prices of MIA and Mapfre Middlesea outweighed the declines in RS2 and Malta Properties. Trading volumes advanced to a three-week high as nearly €0.34 million worth of shares changed hands today. The most actively traded equity was Medserv plc as 108,900 shares for a value of €0.16 million (representing 48.2 per cent of the total value of equities traded today) left the equity at its 2016 low of €1.50. Three other equities closed the day unchanged. Bank of Valletta plc (10,374 shares) and HSBC Bank Malta plc (13,486 shares) maintained the €2.29 and €1.93 levels respectively. BOV will reveal its 2015/16 full-year financial results on Friday 28 October. GO plc held on to the €3.22 level on volumes of 15,847 shares. Malta International Airport plc erased yesterday's decline as it recaptured the €4.179 level (+1.2 per cent) across 13,857 shares. Mapfre Middlesea plc rebounded slightly from its fifteen-month low of €2.00 to the €2.011 level on trivial volumes. Meanwhile, RS2 Software plc dropped to a near one-year low of €1.48 on volumes totalling 8,466 shares. The...

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