The MSE Equity Price Index retracted by 0.15% to 3,557.484 points reflecting the declines in the share prices of HSBC and Santumas whilst APS and MIA closed the day unchanged. Overall trading activity contracted sharply to €0.04 million compared to €0.28 million yesterday. Santumas Shareholdings plc was the worst performing equity today as it dropped by 7.6% to the €1.34 level albeit on trivial volumes. Low trading activity also took place in the equity of HSBC Bank Malta plc which moved 2.1% lower to the €0.715 level. Also in the retail banking sector, APS Bank plc stayed at the €0.595 level after opening at a high of €0.60. A total of 7,550 shares changed hands. Malta International Airport plc traded unchanged at the €5.70 level across 5,701 shares. On Friday, Lombard Bank Malta plc issued a clarification in relation to the outcome of the Extraordinary General Meeting (“EGM”) which was held on 10 November 2022. In this respect, Lombard explained that immediately upon the conclusion of the EGM, the Bank received a letter from the National Development & Social Fund (“NDSF”), the contents of which were reflected in a media release also issued by the NDSF on the same date, seeking...
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