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Date: 9th February 2011

MSE trading report

The Malta Stock Exchange index made a slight gain of just over three points to close at the 3,869.756 level yesterday in another day of heavy volume in banking shares.

After falling nine cents on Monday, shares in Bank of Valetta plc rebounded and made a slight gain of 1c, to close at €3.050, in continued heavy volume of 107,977 shares across 58 deals. On Monday, 195,556 shares of BOV were traded across 71 deals.

HSBC Bank Malta plc shares also managed to close in positive territory, gaining one cent, to end the session at €3.510 in 21 trades for a total of 40,486 shares.

Closing out trading in the banking sector were the shares of Lombard Bank plc, which closed unchanged at €3.000, in low volume of three deals across 3,350 shares.

Shares of Simonds Farsons Cisk plc, which last traded in January, managed a marginal gain of 0c1, to finish at €1.801 in a single deal of 1,000 shares.

Finishing on the downside were shares of International Hotel Investments plc, which dropped 0c5 to end the day at €0.97, in robust volume of 103,101 shares across nine deals.

Also witnessing trading during the day, yet failing to register a change in their closing prices, were the shares of Malta International Airport plc, and Middlesea Insurance plc. The equities closed at €1.800 and €1.07, respectively on light trading volume of 4,000 and 1,000 shares, respectively.

Trading in the corporate bond market finished mixed as four out of the fourteen bonds to trade in the session closed higher, while three closed lower.

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