MSCI Announces Malta Investable Market Index
In its May 2019 Semi-Annual Review, Morgan Stanley Capital International (MSCI) announced that it will launch the MSCI Malta Investable Market Index (IMI) as a standalone index for Malta.
The MSCI Malta Investable Market Index will initially include one Standard Size-Segment constituent (Bank of Valletta), and two Small Cap Size-Segment constituents (GO Plc and RS2 Software Plc).
Company | Market Cap | Perf YTD (13th May) | Yield |
BANK OF VALLETTA PLC | €711,234,565.76 | 0.75% | 5.97% |
GO PLC | €433,608,888.64 | 17.99% | 13.03% |
RS2 SOFTWARE PLC | €265,867,809.45 | 10.71% | 0.94% |
Bank of Valletta is headquarted in Santa Venera and is the oldest established financial services provider, as well as being the second largest company (by market capitalisation) on Malta’s stock exchange. The bank also offers specialist financial services and an exclusive Wealth Management arm.
GO plc is a telecommunications company based in Marsa that provides telephone, internet and TV services across Malta. In 2016, Tunisie Telecom became a majority shareholder in GO plc after acquiring a 65.4% share in the company.
RS2 Software is a specialist payments software and services company for over 130 clients in more than 35 countries across the globe, such as Germany, Jordan and the Philippines. The company has recently teamed up with fintech banking services provider Cross River Bank to collaborate on improving speed and efficiency of payment processing capabilities.
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