Following two consecutive sessions of increases, the MSE Share Index today closed in negative territory as it retreated by 0.4% to 2,998.426 points mainly due to the declines in the share prices of the three local commercial banks.
The share price of Bank of Valletta plc slid 0.9% to the €2.18 level on volumes of just over 13,000 shares.
Similarly, HSBC Bank Malta plc eased 0.6% lower but on significantly lower volumes of just 335 shares. HSBC's equity is still trading with the entitlement to the final gross dividend of €0.072 per share announced last Friday in conjunctions with the 2011 full-year results. The final gross dividend is payable to all shareholders as at close of trading on March 13.
Similarly, Lombard Bank Malta plc's share price slipped 0.8% lower to its 16-month low of €2.51 on a single trade of 2,060 shares. The bank is scheduled to publish its 2011 full-year results on March 15.
Also in the financial sector, GlobalCapital plc edged 1.1% lower to the 94c level across two trades totalling 5,000 shares.
Meanwhile, RS2 Software plc shares held on to the 55c level across three trades totalling 155,000 shares. The IT...
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