GlobalCapital Financial Management Ltd - Malta Stock Exchange Review
Subdued day at the Local Bourse
Yesterday, the local stock exchange closed higher at 3060 points, increasing by 18 points or +0.60%. A total of 6,770 shares were exchanged through five trades for a total value of €17,260. Two stocks traded in the session.
HSBC Bank Malta p.l.c. increased for the first time since 31st July by €0.05c per share to close at €2.65 per share. A total of four trades were dealt over 6,270 shares. Best bid stood at 730 shares at €2.65 against best offer of 1,000 shares at €2.90. Over the past weeks trading sessions, HSBC has declined a total of 11.074%, equivalent to the devaluing of €0.33c per share.
The only other stock to trade in this session was FIMBank Malta p.l.c. where 500 shares were exchanged through one trade. The price decreased by a minimal €0.00c1 where the share price closed at €1.289. FIMBank last traded on the 4th August 2009.
Bank of Valletta p.l.c. did not trade in this session and their bids and offers remained the same at 1,456 shares at €2.73 against 2,100 shares at €2.877 respectively. The share price has decreased a total of €0.10c1 over the last six days which represents a fall of 3.367%.
The weeks trading session highest stock gainer was GO p.l.c. where its share price has increased by 2.857% in total. This is equivalent to a gain of €0.05c per share. The only other stock to gain in the last six days was Middlesea Insurance p.l.c. as its share price rose €0.00c9 to rest at the €1.759 per share level.
Issued by GlobalCapital Financial Management Ltd, 120 The Strand, Gzira, GZR1027 for information purposes only and is not intended to constitute any financial, legal or tax advice. This write up is not to be taken as investment advice to buy or sell any investment. Investors should seek professional advice prior to taking investment decisions and should note that the value of investments may fall as well as rise. Readers who would like more information are invited to send an E-mail to firstname.lastname@example.org or Tel: 21 342342. GlobalCapital Financial Management Ltd is a member of the Malta Stock Exchange and is licensed by the Malta Financial Services Authority (MFSA).