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The MSE Equity Total Return Index eked out a marginal gain, as it closed 0.05% higher at 8,040.399 points. A total of 13 equities were active, where gainers and losers tallied to five-a-piece. Total weekly turnover increased by over three times, as it reached €0.9m ­– generated across 78 transactions. In the banking industry, Bank of Valletta plc started off the week on a negative note but managed to recover, as it reached a weekly high of €0.90 at which it closed. This is equivalent to a positive 0.6% movement. A total of 16 deals involving 66,626 shares were executed. HSBC Bank Malta...

Bortex to shut down Tunisian factory operations Manufacturing operations in Malta and beyond will be unaffected by this decision   by Nicole Meilak Bortex will be putting an end to its operations in Tunisia with immediate effect, following major losses dealt by the COVID-19 pandemic. In a statement released on the stock exchange by Bortex Group Finance, the formal-wear company said that its Tunisian operations became a burden on the parent company throughout the pandemic. "Unfortunately, Bortex is no longer in a position to continue with these extraordinary efforts without endangering t...

The MSE Equity Total Return Index returned to negative territory, as it closed 2.5% lower, reaching 7,975.798 points – the lowest since November 2020. A total of 21 equities were active, five of which headed north while another 11 closed in the opposite direction. Total weekly turnover increased by €0.16 million, as it amounted to €1.1 million, generated across 171 transactions. The highest liquidity was recorded in the property sector, as turnover in Malita plc increased by more than ten times, amounting to €314,517. This was the result of five deals involving 349,463 shares, leaving...