The share prices of both HSBC Bank Malta plc and Bank of Valletta plc traded lower for the second consecutive session forcing the MSE Share Index to ease by 0.1 per cent today to a new two-week low of 3,159.716 points.
During this morning’s session, HSBC’s share price slid 1.1 per cent lower to €2.67 across five trades totalling 5,000 shares while BOV’s equity eased 0.5 per cent lower to a new siv-week low of €2.36 on volumes of just over 21,400 shares.
FIMBank plc shares also retreated by 3.6 per cent to the USD0.80 level as investors await the documentation in connection with an extraordinary general meeting scheduled to be held on January 31.
During this meeting, shareholders will be principally asked to approve a structured joint-offer by Burgan Bank and United Gulf Bank (both subsidiaries of the Kuwaiti based KIPCO Group).
The share price of RS2 Software plc closed in negative territory for the first since mid-July.
A single trade of 10,667 shares was executed in the final stages of today’s session at 70c representing a 2.8 per cent decline from yesterday’s close.
Similarly, MaltaPost plc halted its recent recovery with a 5.6 per cent drop back to the 85c level as the equity...
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