The MSE Equity Price Index increased by 0.7% to 4,001.5 points, as gains in six equities outweighed the declines in BMIT, GO, and Harvest. Meanwhile, three other equities closed unchanged as today’s trading activity on the main market amounted to €0.3 million.
Malta International Airport plc closed 0.8% higher at the €6.25 level, its highest level since February 2025, across four trades amounting to 13,367 shares.
APS Bank plc moved 2% higher to the €0.50 level as 206,589 shares changed hands across eight trades.
Also in the banking sector, Bank of Valletta plc gained 0.5% to the €2.10 level across four deals totalling 32,000 shares.
Simonds Farsons Cisk plc rose by 7.4% to the €5.80 level across seven trades amounting to 11,640 shares, although the weighted average price for the day was €5.52 (+2.2%).
PG plc increased by 4.3% to the €1.68 level and Mapfre Middlesea plc advanced by 1.9% to the €1.58 level, albeit over trivial volumes.
Hili Properties plc (53,400 shares) and FIMBank plc (16,903 shares) traded flat at the €0.27 and USD0.15 levels respectively.
The ordinary shares of RS2 plc remained unchanged at the €0.314 level over lacklustre trading.
BMIT Technologies plc edged 0.7% lower to the €0.278 level as 15,220 shares changed hands.
BMIT’s parent company GO plc shed 1.5% to the €2.62 level over a single trade of 2,099 shares.
Harvest Technologies plc dropped 5% to the €0.95 level across two deals amounting to 3,600 shares.
The RF MGS Index decreased by 0.15% to 894.4 points as the yield curve steepened, reflecting a sharper rise in long-term yields. In the US, the annual inflation rate rose to 3.3% in March, its highest level since May 2024, and a sharp increase from 2.4% in both February and January. This was mainly driven by higher energy prices following the conflict in the Middle East. Core inflation, which excludes food and energy, rose to 2.6%. Meanwhile, WTI crude oil prices hovered around USD 100 per barrel, as US and Iranian delegations are set to meet on Saturday and Israel has agreed to hold talks with Lebanon’s government, raising hopes for de-escalation.
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.
