Tag: stocks
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Stocks up but bonds down
Despite the Maltese stock market hitting an all-time high last week, corporate bonds ended the week lower compared to their close in the previous week. The MSE Corporate Bonds Total Return Index fell by 0.5% to 1,154.01 points. Out of 74 active corporate bond issues, only 13 advanced, while 35 closed in the red. The…
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Creating a dangerous precedent in markets by bailing-out toxic garbage
The Labour Party is extensively changing Malta’s social contract, skewing it in favour of the richest and the strongest at the expense of the weakest and the smallest, and the latest tweak that the Labour government is introducing is its new dangerous precedent of bailing out bondholders and shareholders of bad investments gone wrong. The…
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Malta’s stock market rallies higher in February
The Malta Stock Exchange Equity Total Return Index hit at a 52-week high yesterday at 9062 index points and closed at 9039. Read the full report here. No major changes seem to have occurred today at market open. Bank of Valletta is also getting a lot of love currently trading at up to €2.06 reaching…
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Bank of Valletta’s stock takes a beating after Unicredit halves stake but still in second place
Updated: The Times of Malta has just released an article reporting that Hili Ventures bought Unicredit’s stake of BOV. Read it here. BOV’s stock price has taken a beating after Unicredit halved its stake in the bank, pushing BOV further behind in the race for the place of the best performing stock of the year.…
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The get rich scheme which Maltese fund managers don’t tell you about: stocks always go up
Once again, this is not financial advice and I am not a financial advisor. Following the interest I have received in my latest article, here’s some background knowledge that is necessary for anyone wanting to understand financial markets. The very basics of the get-rich schemes that rich people use to make more money out of…
