The MSE Equity Price Index fell by 0.23% to a two-week low of 3,975.6 points as the declines in GO, Malita, Malta Properties Company, PG, and Quinco outweighed the gain in Mapfre Middlesea. Meanwhile, nine equities remained unchanged as today’s trading activity amounted to €0.12 million.
Malita Investments plc slumped by 8.6% to the €0.32 level across three trades totalling 29,381 shares. Yesterday, Malita announced that following the financial support obtained from local and international lending institutions, a holistic programme of works has been completed. On this basis, works in relation to the Cospicua and Qrendi Housing Projects are expected to resume imminently.
Also in the property sector, Malta Properties Company plc shed 3.7% to the €0.366 level across three trades totalling 11,502 shares.
Quinco Holdings plc fell by 3.4% to the €0.86 level on six deals amounting to 3,000 shares. Today’s average price stood at €0.814 (-8.5%).
GO plc eased by 0.8% to the €2.46 level on two trades amounting to 1,590 shares.
PG plc declined by 0.6% to the €1.61 level across two deals totalling 3,000 shares.
On the other hand, Mapfre Middlesea plc was today’s only positive performer as it climbed 0.7% higher to the €1.36 level on a single deal of 1,850 shares.
Meanwhile, APS Bank plc traded flat at the €0.55 level across five trades totalling 2,790 shares.
Also in the banking sector, Bank of Valletta plc held the €2.03 level on two trades amounting to 2,000 shares. Last Friday, BOV published a Base Prospectus for a €650 million Euro Medium Term Note Programme following approval by the Central Bank of Ireland. Yesterday, BOV announced its intention to issue up to €300 million Callable Senior Preferred Notes under the programme, with a maturity of 6 years, callable after 5 years.
HSBC Bank Malta plc retained the €1.42 level across two trades totalling 18,703 shares.
Hili Properties plc traded flat at the €0.27 level on a single deal of 37,000 shares.
International Hotel Investments plc closed unchanged at the €0.51 level on muted activity.
MedservRegis plc closed unchanged at the €0.68 level across four trades totalling 25,147 shares.
Malta International Airport plc closed unchanged at €6.20 across seven trades totalling 1,711 shares. Following the close of trading yesterday, MIA published the financial results for the first three months of 2026. Revenue amounted to €32.5 million, which is 11.0% higher than the comparable figure of €29.2 million in 2025. The profit before tax rose by 11.4% to €14.6 million compared to €13.1 million in the first quarter of 2025. Overall, MIA generated a net profit of €9.31 million in the first quarter of the year compared to €8.47 million in the comparable period in 2025. MIA explained that capital expenditure for the quarter amounted to €11.3 million, principally related to the company’s five-year investment programme, including the expansion of the terminal towards the East and the construction of a new business centre that will house a business hotel.
Main Street Complex plc retained the €0.19 level across five trades totalling 122,999 shares.
Plaza Centres plc closed unchanged at the €0.86 level over trivial volumes
The RF MGS Index rose by 0.31% to 888.076 points as geopolitical tension in the Middle East eased after the US called off planned military strikes on Iran, citing progress in negotiations. Furthermore, the US gave a 30-day extension of a waiver permitting access to Russian oil and petroleum products which have already been loaded onto tankers. Following the announcement oil prices retreated to around USD103 per barrel from USD107.
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.
