Quantcast
Channel: Times Of Malta
Viewing all articles
Browse latest Browse all 77260

HSBC share price drops to €0.79

$
0
0

The MSE Equity Price Index dropped by 0.18% to 3,964.502 points following the declines in HSBC, BMIT and Main Street on Tuesday. Meanwhile, Harvest was Tuesday's only positively performing equity while GO, MIA and MPC closed unchanged as overall trading activity amounted to €0.09 million. HSBC Bank Malta plc moved 1.9% lower to an over one month low of €0.79 on activity of 42,587 shares, representing nearly 40% of today’s trading value. Meanwhile, Malta International Airport plc closed unchanged at the €6.45 level across 1,206 shares. Today, MIA published a quarterly update providing information about its performance in Q1 2021 when compared to the same period in 2020. During Q1 2021, revenues dropped markedly to €5.08 million compared to €12.8 million in Q1 2020 reflecting the significant reduction of 90.2% in passenger movements to just 0.1 million (Q1 2020: 1 million). Overall, MIA posted a loss before tax of €3.12 million compared to a pre-tax profit of €2.27 million in Q1 2020. MIA stated that recent developments including the easing of restrictions, both locally and in important markets, augur well for the second half of the year. Similarly, GO plc also traded flat at the...


Viewing all articles
Browse latest Browse all 77260

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>