Share index eases on low volumes

Following the gains registered in the previous two trading sessions, the share index slipped by 0.16% to 4,723.611 points today as the declines in the equities of Plaza Centres (-1.9%) and BOV (-0.9%) outweighed the gains in Malta Properties (+2%) and GO (+0.3%).Meanwhile, four other equities closed the day unchanged. Trading activity was weak as only "0.15 million worth of shares changed hands.
Meanwhile, four other equities closed the day unchanged. Trading activity was weak as only "0.15 million worth of shares changed hands.
Six deals totalling 14,435 shares pulled the equity of Bank of Valletta 0.9% lower to the "2.18 level.
Plaza Centres retreated by 1.9% to an over seven-month low of "1.05 albeit on a single deal of just 5,000 shares. Shareholders as at close of trading on Wednesday April 26 will be eligible to a final net dividend of 2c94 per share.
Within the same sector, Malta Properties gained 2% to recapture the 52c level across 33,000 shares. On Tuesday, the company revealed its 2016 financial results showing a 37.2% increase in post-tax profits to "2.56 million on the back of significantly reduced finance costs and a "1.7 million uplift in the fair value of its...

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