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BOV shares down 0.8%

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The share price of Bank of Valletta plc eased lower for the third consecutive session despite still trading with the entitlement to the record final gross dividend of 16c per share and the one for nine bonus issue. BOV's equity retreated by a further 0.8 per cent today to €2.43 on just over 23,000 shares. Notwithstanding the declines over the past three days, BOV's equity still ended this week 4.5 per cent higher following last week's preliminary full-year results publication which revealed record after tax profits of just under €75 million. Malta International Airport plc also shed 1.1 per cent during this morning's trading session to close the week unchanged at the €1.75 level. Only 3,000 shares traded today with further shares on offer at €1.75. The airport operator is expected to publish the October traffic results sometime next week. On the other hand, Crimsonwing plc maintained its recent upward trend with a further 2.7 per cent increase to reach a new 20-month high of 38c across 15,445 shares. For the second consecutive week, the IT equity ranks as the best performer with a further 18.8 per cent jump reflecting the recent expectations of CEO David Walsh. Mr Walsh had...

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