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month at €0.56, a month-onmonth drop of 1.8% across 126,568 shares spread over 15 trades.
The newly issued shares of
VBL plc saw their value jump in the first month of trading, as the price moved higher to capture the €0.29 level, an increase equivalent to 3.6% from its issued price. The company’s equity traded twice on a volume of 13,500 shares.
Mapfre Middlesea plc eased by 1.9% to €2.12, on eight deals worth €31,271.
The equity of Plaza Centres plc ended the month 0.5% lower after one trade involving 15,000 shares pushed the price lower to €0.995.
MedservRegis plc shares trended 0.7% lower to the €0.69 price level, as a sole trade with a total value of €1,311 was recorded.
The national postal service provider MaltaPost plc suffered a price drop of 3.1% to close at €1.24. This drop was the result of 10 trades, as 28,604 shares exchanged ownership during October.
Both Malita Investments plc (€0.82) and Trident Estates plc (€1.55) suffered similar faith, as both equities ended the month in the red. The two equities were fairly liquid, as Malita Investments plc traded 12 times on a volume of 53,828 shares, while Trident Estates plc traded 10 times across 25,439 shares. Total turnover for both shares was €44,889 and €39,530 respectively.
In terms of IPO activity, Hili Properties plc announced that the MFSA approved the prospectus relating to the IPO and the admissibility to listing of the shares. This issue opens on November 4, 2021 and closes on November 26, 2021, with the option of early closure at the discretion of the company.
The MSE Corporate Bonds Total Return Index closed the month relatively flat with a minimal increase of 0.001% at 1152.430 points. The best performing corporate bond for October was the 4% Merkanti Holding pl c Secured € 2026 with an increase of 2.3% at €102.50. Conversely, the 4.65% Smartcare Finance plc Secured Bonds 2031 closed 2.5% lower at €103.20.
The MSE Malta Government Stocks Total Return Index registered a loss of 0.002%, as it closed the month at 1092.235 points. The 4.8% MGS 2028 (I) was the best performing government bond as it closed at €135, an increase of 2.3%. On the other hand, the 2.2% MGS 2035 (I) was the worst performing bond, losing 6.8% to close at €113.92.
In the Prospects MTF market, 11 issues were active. The 5.75% Pharmacare Finance plc Unsecured EUR Bonds 2025-2028 registered the best performance as it increased by 2.9%. Monthly turnover in the Prospects MTF market tallied to €236,056.