MIA sets yet another fresh record

The MSE Equity Price Index reversed Thursday's decline as it rebounded by 0.38% to 4,342.127 points. The uplift in the local equity index was driven by the gains in BOV, HSBC, FIMBank and MIA while only MIDI trended lower.
Trading volumes contracted sharply to just "0.15 million compared to an average of "0.32 million during the previous four trading sessions.
Positive sentiment towards Malta International Airport plc persisted further as the equity added 0.9% to yet another record high of "5.90 across 4,273 shares. On Tuesday, Ryanair revealed that it will be introducing 10 new routes in Malta for its summer schedule in 2019. The Irish carrier also said that it was expecting to carry 3.1 million passengers to and from Malta next year, representing growth of 15%.
FIMBank plc also advanced by 0.9% to the USD0.58 level on activity totalling 35,445 shares.
Bank of Valletta plc rebounded by 1.4% to regain the "1.48 level on eight deals totalling 23,145 shares. On Wednesday, the bank announced that further to the decision by the Arbiter for Financial Services on 55 new cases relating to the La Valette Multi Manager Property Fund, BOV was now reviewing the details of this decision and...

Full story