The MSE Equity Total Return Index (MSE) registered a further 3.2% increase, as investors’ sentiment improved possibly on the back of the relaxation of some Covid measures. Most large caps gained, as International Hotel Investments plc (IHI) jumped by 33%. On the other hand, technology companies declined. The local equities index finished the week at 8,042.663 points. Following the gains in the past two trading weeks, the MSE Index has recovered some lost ground since the beginning of the year and is now down by 5 per cent. A total of 19 equities were active, nine of which traded higher while another six closed in the red. During this four-day trading week, total turnover was €0.7 million. IHI headed the list of gainers with a double-digit gain to finish at a 10-week high of €0.70. A €0.175 change in price was generated, as 59,367 shares changed hands across 11 transactions. Yesterday, IHI announced that the Annual General Meeting (AGM) shall be held on June 10. Last Thursday, Malta International Airport plc published the traffic results for March. Passenger traffic totalled 32,033 movements last March – a drop of 93% compared to the same month in 2019. The equity of the...
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