BOV shares jump by 7.6 per cent
The MSE Equity Total Return Index bounced back following last week’s drop, as it advanced by 1.5%, to close the week at 7,748.525 points.
A total of 15 equities were active, six of which headed north, while another four lost ground.
Total weekly turnover reached €0.5 million, generated across 75 transactions.
Bank of Valletta plc saw its share price jump by 7.6% to €0.925, as 31 trades involving the exchange of 230,502 shares were recorded. The bank’s share price fluctuated between a weekly-high of €0.925 and a weekly-low of €0.86. Most of the trading occurred late during yesterday’s session.
Meanwhile APS Bank plc eased by 0.8% to close the week at €0.64, as five trades of 22,176 shares and worth €14,139 were executed. Since the bank’s IPO earlier this year, the equity is up by 3.2%.
Lombard Bank Malta plc (Lombard) kept hold of the €1.95 level, as the bank’s equity traded seven times, with trading value reaching €115,324.
Last Tuesday, the board of directors of Lombard announced that it intends to proceed with the issue, allotment and listing of new ordinary shares.
The bank also announced that an Extraordinary General Meeting will be held on November 10, 2022 to consider and...