MSE Share Index at near 9-year high

Last Friday's minimal decline in the MSE Share Index was short-lived as the local equity benchmark moved 0.1% higher today to close at 4,723.287 points – a near 9-year high. During this morning's session, HSBC, RS2 and MIDI trended in positive territory whilst MIA, FIMBank, Farsons and Plaza eased lower. A further four equities, including BOV and GO, ended the session unchanged. The share price of HSBC Bank Malta plc added 1% to a fresh near 3-year high of €2.02 across 12 trades totalling 24,108 shares. The bank is scheduled to publish its full-year results on February 21. RS2 Software plc also performed positively with an increase of 0.6% to €1.79 albeit on lower volumes of 4,900 shares. The only other positive performer was MIDI plc with a 0.3% rise to the €0.33 level across 6,500 shares. On the other hand, Malta International Airport plc shed 0.5% back to the €4.05 level on a small deal of 350 shares. Similarly, FIMBank plc retreated by 1.1% back to the USD0.89 level across five deals totalling 45,000 shares. Plaza Centres plc also trended in negative territory today with a 4.4% drop back to the €1.10 level across a single trade of 17,300 shares. The only other negative...

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