The Malta Stock Exchange ended the week with a negative move of 0.085% reaching a level of 3,533.222 as only three equities were active during today’s session. Bank of Valletta plc shares shed 0.46 per cent on two transactions of 3,533 shares closing at Eur3.255. A single trade of 500 shares in GO plc dealt at Eur1.90 saw the share price recover by 0.26%. FIMBank plc traded unchanged at USD 1.00 on one trade of 3,200 shares.
In the Corporate Bonds market activity amounted to a value of Eur590,500 spread across thirteen issues. In the Malta Government Stocks market a value of over Eur1.64m was traded across sixteen issues with all except one issue showing an upward trend.
The Malta Stock Exchange gained further ground unenthusiastically having posted a 0.38 per cent gain. Negative sentiment towards nearly all financial equities weighted down on the Index performance, but gains from another four companies were enough to hold the Index in positive territory. This week’s gain was backed by a considerable increase in trading activity in the equity market, however investors’ attention towards the fixed income markets remained strong with particular attention on the Malta Government Stocks market, which saw turnover reaching EUR7.6m. Throughout the week out of the 12 traded equities four gained, six closed lower, and two ended the week unchanged.
Malta International Airport plc announced that during a meeting held on July 29, 2010, the Board of Directors approved the Group's Interim Financial Statements for the six months ended June 30, 2010.