The MSE Equity Price Index increased by 0.12% to 3,779.5 points as the gains in APS, BMIT and PG outweighed the declines in BOV, GO, IHI, and M&Z. Meanwhile, three other equities closed unchanged. Trading value in local equities amounted to €0.14 million.
Today, HSBC Bank Malta plc announced that it triggered the clause for early redemption with respect to the loan agreement with HSBC Continental Europe that it had entered into in January 2023 to enable the bank meet the minimum requirement for own funds and eligible liabilities (MREL) as set by the Single Resolution Board. The €30 million loan will be redeemed on 30 January 2026. HSBC Malta also announced that its Board of Directors is scheduled to meet on 25 February 2026 to consider the approval of the 2025 annual report. The Directors will also consider the declaration of a final dividend to be recommended to the Bank’s Annual General Meeting which will be held on 29 April 2026.
Bank of Valletta plc eased by 0.5% to the €1.91 level across six trades amounting to 11,094 shares.
Also among the large companies by market capitalisation, International Hotel Investments plc fell by 0.8% to the €0.44 level on a singe deal of 5,272 shares.
GO plc declined by 0.8% to the €2.46 level across four trades totalling 3,278 shares.
M&Z plc shed 3.3% to the €0.58 level on volumes of 114,689 shares.
Hili Properties plc traded flat at the €0.24 level across 101,600 shares.
Malta International Airport plc closed unchanged at the €5.80 level as 959 shares changed hands.
Malita Investments plc stayed at the €0.38 level as 750 shares changed hands.
BMIT Technologies plc closed the session 5.1% higher at €0.29, albeit the majority of shares changed hands at €0.272 (-1.4%). A total of 19,350 shares traded.
APS Bank plc climbed by 2.6% to the €0.48 level on six trades totalling 8,163 shares.
PG plc surged by 7.2% to the €1.64 level, albeit on trivial volumes.
The RF MGS Index remained relatively unchanged at 904.8 points after the Federal Reserve left interest rates unchanged yesterday. Fed Chair Jerome Powell noted that the US economy was resilient and the current monetary policy was not significantly restrictive. The Fed officials considered that inflation remained elevated and the labour market continued to stabilise. Elsewhere, brent crude oil futures rose to a four-month high of around USD70 per barrel driven potential military action by the US against Iran.
This report contains only public information and is not to be construed as investment advice or an offer to buy or sell securities. Information contained herein is based on data obtained from sources considered to be reliable, but no representations or guarantees are made with regard to the accuracy of the data. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Rizzo, Farrugia & Co. (Stockbrokers) Limited is a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta and a member of the Malta Stock Exchange.
