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RS2 touches new all-time high

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The share price of RS2 Software plc touched a new all-time high of 88c during the course of this morning’s session before easing back to close unchanged at the 86c level on total activity of 6,398 shares. The IT equity has surged by 16.2 per cent since the start of 2013 as sentiment remained positive following the announcements in Q4 2012 of the two new licence agreements with an initial value of €6.5 million as well as further contracts and potential business in the pipeline. Malta International Airport plc shares also ended this morning’s session unchanged at the €1.79 level after recovering from an intra-day low of €1.77. Volumes remained high for the second successive day with 93,600 shares trading this morning. Likewise, no change was recorded in the share price of Bank of Valletta plc as the bank’s equity failed to hold on to an intra-day high of €2.26 across 15 deals totalling just over 24,000 shares. Yesterday, Fitch confirmed the long-term credit rating of the BOV group at ‘BBB+’ with a stable outlook on the back of its strong domestic franchise, stable funding model and a healthy liquidity position. Meanwhile, a single trade of 4,000 HSBC Bank Malta plc shares was...

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