Equity market closed again in positive territory today as most of the traded shares registered gains resulting in a rise in the MSE share index by 0.553% to reach another fresh level of 6586.995. HSBC equity was the day’s most liquid and actively traded equity with 34,175 shares changing hands across 122 deals climbing 0.14c higher at a level of Lm11.72c. Ahead of next Friday’s company announcements, persistent buyers helped GFSG share price of to rise further by 0.03c to close the session at the day’s highest reached price of Lm1.95c. Following yesterday’s announcements, Plaza Centres share price rose by 0.04c through a single trade of 1000 shares closing the day at a price of Lm0.72c. The company is recommending a final net dividend of 2c71 per share which will be received on the 28 April 2006 by all registered shareholders at close of trading on the MSE on 27 March 2006. Middlesea and San Tumas shareholding shares both gained 0.05c also through a single trade and prices settled at Lm5.05c and Lm1.10c respectively. Another gainer was MIA equity settling 0c5 higher at Lm1.54c5. The only loser for this session was Maltacom equity which dropped by 0.01c as potential bidders are holding back until further news regarding the company’s privitisation is available. Still a heavy volume of just under 30,000 shares were traded today. Bank of Valletta and Lombard Bank remained stable at their prior closing levels of Lm5.00 and Lm11.75c respectively.
