During the trading session held today, four different equities traded higher. However, the MSE Share Index eased minimally lower as the declines in the share prices of Bank of Valletta plc as well as Crimsonwing plc and Island Hotels Group Holdings plc offset the gains in the 4 equities.
The share price of Bank of Valletta plc dropped 0.4% to the €2.40 level on the last day for the entitlement to the 1 for 9 bonus share issue. Just over 35,000 shares changed hands today with the equity turning ex-bonus as from tomorrow. The new shares will be issued on Thursday 17 January 2013 with trading expected to commence shortly afterwards.
Meanwhile, HSBC Bank Malta plc failed to hold onto an intra-day high of €2.75 and closed the day unchanged at the €2.74 level across nine trades totalling 40,413 shares. Similarly, Lombard Bank Malta plc traded unchanged at the €1.86 level on volumes of 5,100 shares.
GO plc’s equity traded higher for the second consecutive session with another 0.8% increase to the €1.23 level across 5,000 shares. Positive movements were also registered in the equity of Malita Investments plc with a 2% increase to the €0.52 level on a single deal of 14,000 shares.
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