The MSE Equity Price Index fell by 0.59% to 3,922.4 points as the declines in Trident, Mapfre Middlesea, Lombard, APS, BOV, and GO outweighed the gains in MIA and Malita. Meanwhile, three equities closed unchanged as today’s total trading activity amounted to €1.33 million.
Following the close of yesterday’s trading, MaltaPost plc published the Interim Financial Statements for the six-month period ended 31 March 2026. Revenue increased by 11.3% to €24.0 million reflecting the steady performance across key business areas. Operating expenses increased by 10.6% to €20.4 million. MaltaPost noted that increased operating costs were partially mitigated by continued operational improvements, including route optimisation initiatives. Consequently, operating profit grew by 15.4% to €3.59 million from €3.11 million in the same period last year. Excluding depreciation and amortisation charges, EBITDA increased by 14.0% to €4.87 million. The net profit attributable to shareholders amounted to €2.15 million which translates into an annualised return on average shareholders’ funds of 12.7%.
MaltaPost’s parent company Lombard Bank Malta plc eased by 3.9% to the €0.73 level on a single deal amounting to 1,567,323 shares having a market value of €1.14 million.
Also in the banking sector, APS Bank plc declined by 1.8% to close at €0.56 on 12 trades totalling 13,800 shares.
Bank of Valletta plc fell by 1.0% to the €1.98 level on four deals amounting to 23,100 shares.
Trident Estates plc slumped by 15.6% to the €1.14 level on a single deal amounting to 2,581 shares. Yesterday, Trident published its results for the year ended 31 January 2026. Revenues increased by 9.7% to €6.06 million primarily driven by the increasing occupancy at Trident Park which stood at 86%. Operating profit rose by 10.5% to a record €4.10 million. The financial performance was significantly boosted by €6.27 million in fair value gains. Overall, Trident generated a profit before tax of €9.05 million (FY2024/25: €4.38 million). Excluding fair value gains, pre-tax profit rose by 17.0% to €2.8 million compared to €2.4 million last year. The net profit amounted to €7.44 million (FY2024/25: €3.27 million). Total equity increased by 10.8% (or €6.9 million) to €71.0 million, which translates into a net asset value per share of €1.690 (31 January 2025: €1.525).
Mapfre Middlesea plc shed 9.3% to the €1.36 level on four trades totalling 10,730 shares. Today, Mapfre Middlesea announced that its Board of Directors is scheduled to meet on Tuesday 28 July 2026 to consider the approval of the interim financial statements covering the six-month period ending 30 June 2026.
GO plc slipped by 0.8% to €2.46 on two trades totalling 1,530 shares.
On the other hand, Malta International Airport plc advanced by 3.3% to the €6.20 level on four deals amounting to 15,800 shares.
Malita Investments plc gained 2.9% to close at the €0.36 level on three trades totalling 37,466 shares.
Meanwhile, Hili Properties plc held the €0.27 level on a deal of 2,000 shares.
HSBC Bank Malta plc traded flat the €1.41 level on two trades totalling 376 shares.
Malta Properties Company plc stayed at €0.366 across three deals amounting to 2,655 shares.
The RF MGS Index increased by 0.19% to 896.178 points as the German 10-year Bund yields dipped to around 2.95%, to the lowest level since early April amidst softer than expected inflation figures in Germany and France. In this respect, inflation in Germany during May is anticipated to have eased to 2.7%, below previous expectations of 2.8% and down from 2.9% in April. Elsewhere in France, inflation is expected to have risen to 2.8% in May, below the previous 2.9% projections and up from 2.5% in April.
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.
