Most of the active equities during this morning’s session on the Stock Exchange closed higher with the MSE Share Index rising by 1.1 per cent to just above the 3,200-points level.
After easing marginally lower during yesterday’s session, the share prices of the two large banks advanced with HSBC Bank Malta plc edging 1.5 per cent higher to €2.70 on just over 50,000 shares whilst Bank of Valletta plc rose by 2.65 per cent to regain the €2.40 level across 13 trades totalling 40,256 shares.
Yesterday evening, BOV held its annual general meeting during which shareholders approved all the items on the agenda including the final gross dividend of 13c per share as well as the one for nine bonus issue.
The cut-off date for the bonus issue is January 14.
Gains were also registered in the share price of GO plc with a further 0.45 per cent increase to a new six-month high of €1.17,5 across five trades totalling 8,500 shares.
In the meantime, investors are still waiting a decision on whether the company will participate in the upcoming €30 million rights issue of Forthnet.
On their part, GO’s directors declared that a decision will only be taken once the related prospectus is...
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