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Mapfre Middlesea plc holds its 40th annual general meeting

Mapfre Middlesea AGM was held remotely and streamed live on its website. Commenting on the year under review, chairman Martin Galea remarked that Mapfre Middlesea and Mapfre MSV Life have both performed well in spite of the pandemic. Both companies posted excellent returns. While Mapfre Middlesea posted a profit after tax of โ‚ฌ4.12 million (2019 โ‚ฌ4.01 excluding Group Dividends), Mapfre MSV Life posted a profit of โ‚ฌ10.33 million (2019 โ‚ฌ11.75 million) of which half is attributable to Mapfr...
Alfred Attard Taddeo Scerri Javier Moreno Mapfre Middlesea Antoinette Caruana Martin Galea

MSE Index gains nearly 3 per cent

The MSE Equity Total Return Index returned in positive territory, as it reached 8,252.192 points โ€“ equivalent to a 2.9% weekly change. During the week activity increased by 13%, as total turnover amounted to โ‚ฌ1.04 million, generated across 134 transactions. Out of 19 active equities, 11 registered gains while another five lost ground. Retail conglomerate, PG plc reached an all-time-high of โ‚ฌ2.12 last Wednesday but did not manage to sustain the gain, as it closed the week at โ‚ฌ2.08 โ€“ tr...
Malta General Mapfre Middlesea Simonds Farsons Cisk Lifestar Holding Harvest Technology Malta International Airport

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MSE Equity Price Index slips on low volumes

The MSE Equity Price Index retracted by 1.5% to 3,835.840 points on Tuesday as five companies ended the day in negative territory whilst only BMIT trended positively. Meanwhile, GO, HSBC and Harvest traded unchanged as overall trading activity contracted further to just โ‚ฌ0.05 million. Lombard Bank Malta plc was the most actively traded equity as it dropped by 3.1% to the โ‚ฌ1.85 level across 13,411 shares. The Bank is due to publish its full-year results on Thursday 22 April. Within the same ...
Malta General Oxford Astrazeneca Biontech Covid Mapfre Middlesea Simonds Farsons Cisk Harvest Technology

Medserv plc shares jump by 17.5%

The MSE Equity Total Return Index lost ground, as it closed in negative territory at 8,016.442 points. A total of 19 equities were active, 10 of which headed north, while another four closed in the opposite direction. Total weekly value increased by 16% to โ‚ฌ0.87 million โ€“ generated across 158 transactions. Medserv plc shares gained 17.5%, as the company announced that it has successfully concluded a conditional agreement with the shareholders of Regis Holdings Limited. The company added tha...
Malta General South Africa Mapfre Middlesea Simonds Farsons Cisk Harvest Technology Malta International Airport

Large caps push MSE Index higher

The MSE Equity Total Return Index (MSE) registered a further 3.2% increase, as investorsโ€™ sentiment improved possibly on the back of the relaxation of some Covid measures. Most large caps gained, as International Hotel Investments plc (IHI) jumped by 33%. On the other hand, technology companies declined. The local equities index finished the week at 8,042.663 points. Following the gains in the past two trading weeks, the MSE Index has recovered some lost ground since the beginning of the year...
United States Malta General Mapfre Middlesea Bahr Essalm Simonds Farsons Cisk Harvest Technology

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