BOV share price moves back to its multi-year low
The MSE Equity Price Index trended higher for the first time in four days as it rebounded by 0.46% to 4,306.374 points on Tuesday. Today's gain was due to the uplift in the share price of IHI which outweighed the declines in BOV and Trident. Meanwhile, a further four shares closed the day unchanged.
Bank of Valletta plc retreated by 0.7% back to the "1.50 level on continued high volumes totalling 310,697 shares.
Trident Estates plc eased by 0.8% to the "1.32 level albeit on just 360 shares.
Light trading activity also took place in the equity of International Hotel Investments plc which surged by 6.7% to regain the "0.64 level on a single deal of 1,000 shares. IHI still has to announce the date of the publication of its interim financial statements.
Meanwhile, GO plc traded unchanged at the "3.40 level across 26,245 shares. Last Friday, the telecoms operator reported an increase of almost 10% in operating profits to "16 million '" the highest in the past fourteen years. In their commentary, the directors explained that the company managed to register an improved level of performance despite the various challenges pertaining to the telecoms markets in both Malta and Cyprus.
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