GO maintains 18-month highs

Sustained demand for GO plc shares on the MSE helped the equity of the quad-play telecoms operator to inch a further 0.7% higher to a yet another new 18-month high of €1.36 across eight trades totalling 19,110 shares. GO’s share price has climbed by more than 14% since the start of 2013 as the Group is expected to announce a profit for 2012 for the first time in five years. Similarly, expectations of improved profitability at MaltaPost plc, following the approval of higher postal tariffs, helped the equity garner an increase of more than 20% since the start of the New Year. Today, the postal operator’s equity hit a fresh 19-month high of €1.025 on a single deal of 2,590 shares. Malta International Airport plc’s equity edged 0.3% higher to regain the €1.80 level on low volumes of 3,000 shares. This afternoon, MIA published the traffic results for the month of January showing an 8% increase in passenger movements over the January 2012 figures to 179,243 passenger movements mainly due to a 1.1 percentage point increase in the seat load factor to 66.3% and a 6.2% growth in seat capacity to 270,400 seats. The airport operator is scheduled to publish its full-year results on 20...