The MSE Equity Price Index fell by 2% to 3,910.7 points as declines in seven equities outweighed gains in PG, Computime, Lombard and BMIT. Meanwhile, three other equities closed unchanged as today’s trading activity on the main market amounted to €0.4 million.
Mapfre Middlesea plc edged 2.5% lower to the €1.55 level across two trades totalling 2,000 shares. This afternoon, Mapfre Middlesea published its 2025 results. Net insurance and investment results amounted to €34.6 million which is 19.4% higher than the previous year. The Group’s Long-Term Insurance Business subsidiary Mapfre MSV Life plc (50% owned) registered a profit before tax of €15.7 million, compared to the €15.0 million recorded in the prior year.
Overall, the Group generated pre-tax profits increased by €29.6 million, which is 19.4% higher than the €24.8 million figure of the previous year. After accounting for a tax charge of €9.1 million and non-controlling interests of €5.6 million, the net profit attributable to shareholders amounted to €14.9 million (2024: €12.5 million), which translates into a return on average shareholders’ funds of 14.7% (2024: 13.6%). Shareholders’ funds increased by 11.1% (or €10.6 million) to €107.0 million, which translates into a net asset value per share of €1.163.
The Directors are recommending a final net dividend of €6.0 million, equivalent to €0.065217 per share, which is 25.0% higher than the dividend paid out last year. This is payable on 26 May 2026 to all shareholders as at the close of trading on Friday 8 May 2026, subject to shareholders’ approval at the upcoming Annual General Meeting scheduled to be held on 30 April 2026.
Bank of Valletta plc declined by 2.8% to the €2.06 level as 58,268 shares changed hands across 19 trades. BOV will be publishing its 2025 annual results on Thursday 26 March.
HSBC Bank Malta plc dropped 6.0% to the €1.40 level across eight trades totalling 52,841 shares.
APS Bank plc shed 3.8% to the €0.50 level on a single deal of 11,100 shares.
International Hotel Investments plc moved 4.7% lower to the €0.41 level as 51,079 shares changed hands across eight trades.
The ordinary shares of RS2 plc fell by 9.4% to the €0.29 level over a single deal of 11,000 shares.
MaltaPost plc slipped 3.9% to the €0.442 level albeit over trivial volumes.
Malta International Airport plc closed unchanged at the €6.10 level across three trades totalling 11,901 shares.
Harvest Technology plc closed unchanged at the €1.00 level across three deals totalling 59,615 shares,
Hili Properties plc held the €0.27 level across two trades totalling 24,100 shares.
PG plc gained 0.6% to the €1.61 level across four trades totalling 9,750 shares.
Computime Holdings plc moved 2.2% higher to the €0.46 level over a single trade of 5,000 shares.
Lombard Bank Malta plc advanced by 2.9% to the €0.70 level, although most trades took place at yesterday’s closing price of €0.68.
BMIT Technologies plc climbed 6.4% higher to the €0.298 level across five trades totalling 34,350 shares, although most trades took place around yesterday’s closing price of €0.28.
Tomorrow, BMIT’s parent company GO plc is scheduled to release its 2025 full-year results.
The RF MGS Index rose by 0.59% to 892.9 points following signs of easing tensions in the Middle East. Provisional data released today by S&P Global showed that eurozone business activity slowed sharply in March, hitting a ten-month low as new orders declined and job cuts continued. Rising energy costs and war-related supply disruptions drove input cost inflation to its highest in over three years, pushing output prices higher.
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.
