Business & Technology
Major banks register declines
HSBC moved in further negative territory down 1.11% across five deals to close at €2.67 whilst Bank of Valletta edged down 0.46% on a turnover of 21,402 shares to finish Tuesday’s session at a three-week low of €2.36.
Two deals were executed in Lombard shares pushing the equity 0.56% higher to close at €1.81.
MIDI placed as the best performer of the day with the share price increasing by 6% across two deals to close at a two-month high of €0.26,5.
International Hotel Investments also registered gains as the equity recorded an increase of 2.41% to close at €0.85.
MaltaPost sustained the largest decline with the equity declining by 5.56% to end the session at €0.85.
Just under 10,000 shares were negotiated in FIMBank and the share price declining by 3.61% to close at a four-week low of US$0.80.
RS2 gave back all of the previous session’s gains, down 2.78% to close back at the €0.70 level.
Seven Malta Government Stocks were active with a nominal of 2.1 million being executed across ten deals for a total value of €2,334,882.
The contents do not constitute a solicitation of the purchase or sale of securities. Although HSBC makes every reasonable effort to do so, it makes no representations that the information presented is accurate, complete or timely. Accordingly, HSBC shall not be liable for any decisions made or actions taken in reliance on such information. Past performance is not necessarily a guide to future performance and the value of investments may go down as well as up.




