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Trading activity slumps to 5-month low

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The share index this morning eased minimally lower to 4,217.233 points amid a slump in trading activity with only €65,174 worth of shares changing hands during this morning’s session representing the lowest daily volumes in the last five months. GO eased minimally lower to €3.49,8 on shallow volumes of 1,580 shares. Similarly, RS2 Software reversed some of the recent gains with a 1.8 per cent drop back to the €2.15 level on just 6,150 shares. Both companies still have to announce the date when their respective board of directors are expected to meet to approve the interim results covering the six months ended June 30. On the other hand, the only positive performing equity today was HSBC as its share price ended this morning’s session 0.3 per cent higher at the €1.82,5 after it failed to hold on to an intra-day high of €1.84 across a total of 11,652 shares. Yesterday, HSBC published its 2015 interim results revealing a 6.8 per cent drop in profitability to €23.9 million during the first six months of 2015. The improvement achieved on the income side, largely relating to lower interest expense and the fees generated from the newly transferred insurance portfolio, was offset by...

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