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Low trading activity persists

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The share index extended yesterday’s decline by a further 0.21 per cent to 4,521.525 points on persistently low trading volumes as only €183,000 traded across the equity market. Ahead of the March 31 interim results publication on Friday, Bank of Valletta eased another 0.3 per cent to a fresh two-month low of €2.21,1 across 44,489 shares. Medserv closed minimally lower at the €1.79,7 level (-0.1 per cent) across 13,100 shares. The company is due to hold its annual general meeting on May 30. Mapfre Middlesea lost 4.3 per cent to a near three-month low of €2.20 across trivial volumes. Today was the last day for the entitlement to the recently declared net dividend of 3c826 per share (payable May 22). The equity trades ex-dividend as from tomorrow. Meanwhile, HSBC regained the €1.61 level (+0.4 per cent) across 9,829 shares. MIDI regained the 39c level on low volumes of 10,400 shares. Simonds Farsons Cisk closed the day 0.2 per cent higher at €6.12 ahead of the January full-year results to be published on May 12. On the other hand, RS2 Software maintained the €3.80 level across 4,000 shares. The IT services group is scheduled to publish its 2015 full-year results tomorrow. Also...

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