Movements in equity & bond indices
The MSE Equity Total Return Index continued with its positive trend, increasing by 0.6%, to close at 9,688.308 points. Out of 28 equities, 10 headed north while another eight closed in the opposite direction. Total weekly turnover reached €0.6m and was generated across 217 transactions.
The MSE Corporate Bonds Total Return Index declined by 0.4%, as it closed the week at 1,157.258 points. Out of 75 active issues, 33 advanced, while another 25 traded lower. The best performance was recorded by the 5.70% Central Business Centre plc € Unsecured 2030-2035, which closed 10% higher at €99. Conversely, the 3.50% GO plc Unsecured € 2031 declined by 2.6%, to €94.51.
The MSE MGS Total Return Index closed the week 0.1% lower at 963.514 points. A total of 35 issues were active, as 10 registered gains, while another 21 closed in the red. The 3.80% MGS 2036 was the best performer, with a 3.3% change in price, closing at €100. On the other hand, the 1.8% MGS 2051 lost 2%, ending the week at €59.41.
Top market movements
Bank of Valletta plc (BOV) witnessed a slight retraction of 1%, ending the week at €2.04. The equity fluctuated between a narrow range of €2.01 and €2.05. BOV generated €86,330 in turnover across 27 deals, involving 42,654 shares.
On the other hand, its peer, HSBC Bank Malta plc, rebounded into positive territory gaining 2.1%, to close at a weekly high of €1.45. Activity was robust with 17 deals and a volume of 61,747 shares, contributing to a total turnover of €89,047.
APS Bank plc closed at a price level of €0.55, representing a 1.8% weekly decline. The bank’s equity saw 13,846 shares change hands across 21 transactions, with the total turnover reaching €7,640.
Lombard Bank Malta plc headed south by 3.2%, with the share price closing at €0.755. This movement was based on only two transactions involving 5,000 shares, for a total weekly value of €3,712.
LifeStar Insurance plc was the week’s standout performer following five stagnant weeks. Its share price surged by 146.2% to close at €0.65. A total of 18,249 shares changed hands across six transactions, resulting in a turnover of €10,917.
MIDI plc also recorded a significant double-digit gain advancing by 30%, to end the week at €0.26. This movement was the result of five deals involving 25,000 shares, generating a total weekly turnover of €6,012.
Mapfre Middlesea plc experienced a decline for the third consecutive week. The share price closed at €1.35, decreasing by 12.3%. Trading activity was spread over six transactions, as 2,249 shares were exchanged for a total value of €3,036.
Malita Investments plc added 6.9% to its share value, closing at €0.374. During the week, three deals were recorded, with a total of 7,600 shares changing hands for a value of €2,662.
AX Real Estate plc registered a positive performance of 8.4%, closing at €0.49. The equity traded 24,096 shares across four deals, generating a total turnover of €11,578.
Harvest Technology plc registered a strong gain of 12% during the week. The equity saw a total of five transactions, with a volume of 43,550 shares changing hands, resulting in a turnover of €47,278. Throughout the week, the share price fluctuated between a low of €0.98 to close at a high of €1.12.
Company announcements
Bank of Valletta plc has received approval from the Central Bank of Ireland for a base prospectus dated May 15, 2026, covering the renewal and upsizing of its Euro Medium Term Note programme. Under the programme, BOV may issue Senior Preferred Notes, Senior Non-Preferred Notes, or Tier 2 Notes, with a minimum denomination of €100,000. Notes are intended for institutional investors only and are explicitly not available to retail investors in the EEA or UK. Proceeds will be directed toward strengthening BOV’s MREL and capital base, supporting lending growth, expanding its proprietary investment portfolio, and general financing purposes. Any notes issued are expected to be listed and traded on Euronext Dublin. The base prospectus is valid for 12 months from the date of issue.
RS2 plc announced that it has been awarded a significant multi-country payment processing mandate spanning multiple nations and territories across the Caribbean region.
Malta International Airport plc recorded 1.02 million passenger movements in April, while simultaneously launching its summer schedule featuring flights to more than 110 destinations. This performance was supported by a 13.2% increase in aircraft movements and a 17% rise in seat capacity, while SFL dipped by 2.6%. The United Kingdom remained the top market, accounting for over 21% of total traffic, while Poland registered the strongest growth at nearly 60%.
MIDI plc entered into a public deed with the government and Transport Malta for the rescission and termination of the emphyteutical concession over Manoel Island and Fort Tigné.
FIMBank plc held its AGM on May 13, where shareholders approved several key resolutions.
Plaza Centres plc held an EGM on May 14, where shareholders approved two major extraordinary resolutions. The first resolution involved an amendment to the memorandum of association regarding the composition of the board of directors, while the second authorised the company to repurchase up to 2.4 million of its own shares for cancellation over the next 18 months.
Malita Investments plc announced that its AGM will be held on July 16, 2026.
This article, compiled by Jesmond Mizzi Financial Advisors Limited, does not intend to give investment advice and the contents therein should not be construed as such. The company is licensed to conduct investment services by the MFSA and is a member of the Malta Stock Exchange and the Atlas Group. The directors or related parties, including the company, and their clients are likely to have an interest in securities mentioned in this article. For further information contact Jesmond Mizzi Financial Advisors Limited at 67, Level 3, South Street, Valletta, tel: 2122 4410, or e-mail [email protected].
