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Local Weekly Roundups  - 21.10.2016

HSBC Bank Malta plc maintains positive rally

The MSE Index ended the week in positive territory with a 2.33 per cent increase at 4,545.787 points. A total of 16 equities were active of which six closed higher, six dipped, while four remained flat, with a total trading value of €1.138 million spread over 207 trades.

For the third consecutive week, HSBC Bank Malta plc maintained its positive rally as its share price surged by 11.76 per cent on a week. Throughout the past three weeks, the equity kept a steady momentum fluctuating from lows of €1.638 to highs of €1.90 on Friday, equivalent to a rise of 16.65 per cent in a three week span. 

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