RS2, IHI and FIMBank lift the MSE Index
The MSE Equity Total Return Index (MSE) closed higher by 0.2 per cent at 7,885.88 points after closing in the red the previous three weeks. A total of 16 equities were active, of which five headed higher and eight closed in negative territory. The total weekly turnover increased to €0.7 million and was generated over 104 deals. In the banking sector, Bank of Valletta plc closed the week unchanged at €0.83 after seeing a weekly high of €0.85 and a low of €0.825. This was the result of 47,214 shares spread over 12 deals for a total turnover of €39,500. FIMBank plc recovered some of the lost ground during the past weeks, to end the week at $0.27. Five transactions involving 135,031 shares were executed, as the share price gained 5.5 per cent to top the list of best performing equities. Lombard Bank Malta plc surged by 3.7 per cent to recapture the €1.97 level over one sole deal of 1,216 shares. The share price of HSBC Bank Malta plc (HSBC) declined by 3.2 per cent to close the last full week of January at €0.90. A total of 17 trades involving 99,415 shares were executed, as the share price of the banking equity traded between a weekly high of €0.92 and a low of €0.85. HSBC...