MSE Equity Price Index resumes downward trend
The MSE Equity Price Index opened the week in negative territory as it eased by 0.17% to 3,682.644 points. The declines in four companies outweighed the uplift in APS Bank whilst three other equities traded unchanged. Overall trading activity in equities improved to €0.14 million compared to just €0.03 million last Friday.
GO plc retracted by 0.7% back to the €3.00 level across 12,630 shares.
Also among the large companies by market value, Bank of Valletta plc lost 1.1% to the €0.91 level albeit on just 1,507 shares. The bank is due to publish its interim results on Thursday 28 July.
Low trading activity also took place in the equity of AX Real Estate plc which dropped by 1.8% to the €0.54 level across 5,000 shares.
The other negative performing equity today was Malta Properties Company plc as it moved back by 0.8% to the €0.494 level on a total of 19,700 shares.
APS Bank plc continued to trade within a tight range as the Bank’s share price rebounded by 0.8% to the €0.655 level across 10,983 shares. APS is due to publish its interim results on Thursday 28 July.
Elsewhere, Simonds Farsons Cisk plc held on to the €7.45 level on volumes totalling 2,274 shares. Last Friday, Farsons...