The MSE Equity Price Index extended Monday's uplift with a further gain of 0.05% to 3,648.556 points. The strong rally in the share price of Hili Properties offset the declines in GO and MIA whilst APS Bank plc traded unchanged at the €0.64 level across 4,000 shares. Also in the retail banking sector, today Lombard Bank Malta plc announced that during the forthcoming Extraordinary General Meeting to be held on 10 November 2022, the Directors will recommend a share split of the Bank’s shares on a two-for-one basis. As a result, every share having a nominal value of €0.25 will be split into two shares, each with a nominal value of €0.125. The proposed share split, which is subject to regulatory approval, is intended to allow easier access to a larger number of investors which should result in improved trading liquidity in the Bank’s shares. The equity remained inactive today. Hili Properties plc was the most actively traded equity today as it surged 9% to the €0.242 level across 74,250 shares. Meanwhile, a single deal of 2,000 shares forced the share price of Malta International Airport plc to drift 0.8% lower back to the €5.90 level. GO plc retracted by 0.7% to the €2.96 level...
↧