The MSE Equity Price Index rose by 2.5% to 4,072.3 points as the gains in IHI, the ordinary and preference shares of RS2, Farsons, Trident, FIMBank, MIA, HSBC and BOV outweighed the declines in MaltaPost and GO. Meanwhile, eight other equities closed unchanged as today’s total trading activity amounted to €0.26 million.
International Hotel Investments plc surged by 16.4% to a three-year high of €0.64 across nine trades totalling 82,500 shares, albeit the weighted average traded price of the day stood at yesterday’s closing price of €0.55.
Today, IHI published a Base Prospectus following regulatory approval for the admissibility to listing on the Official List of the Malta Stock Exchange of an Unsecured Bond Issuance Programme of up to €115 million. The Final Terms dated 10 June 2026 stated that Series 1 Tranche 1 consists of the issuance of €30 million 5.25% unsecured bonds maturing in 2036.
IHI’s updated Financial Analysis Summary included forecasts for the financial year ending 31 December 2026 and projections for the year ending 31 December 2027. In 2026, revenue is forecasted to increase by 9.1% to €366.0 million (2025: €335.3 million) and EBITDA is forecasted to rise by 22.2% to €75.7 million. In 2027, revenue is projected to grow by a further 8.7% to €398.0 million mainly reflecting continued improvement in hotel operations and EBITDA is projected to surge by a further 35% to €102.1 million. The net asset value per share of IHI is projected at €1.141 per share as at 31 December 2026 and €1.175 per share in 2027, compared to €1.162 per share as at 31 December 2025.
The ordinary shares of RS2 plc surged by 30.8% to the €0.34 level across ten trades totalling 185,700 shares.
Similarly, the preference shares of RS2 plc rose by 6.7% to the €0.32 level on a single deal of 2,250 shares.
Simonds Farsons Cisk plc advanced by 15.9% to the €6.20 level across four deals amounting to 1,650 shares.
Trident Estates plc gained 10.6% to the €1.15 level across three trades totalling 538 shares. Today’s weighted average trading price was €1.05.
HSBC Bank Malta plc rose by 0.7% to the €1.44 level across seven trades totalling 40,803 shares.
Also in the banking sector, Bank of Valletta plc advanced by 0.5% to the €2.04 level across three deals amounting to 3,675 shares.
FIMBank plc advanced by 2.8% to the USD0.185 level across three trades totalling 44,280 shares.
Malta International Airport plc gained 0.8% to the €6.10 level across ten deals amounting to 2,385 shares.
On the other hand, MaltaPost plc declined by 3.2% to the €0.43 level on a single deal of 1,000 shares.
GO plc shed 1.6% to the €2.46 level across three deals amounting to 7,194 shares.
Meanwhile, APS Bank plc held the €0.57 level across six trades totalling 2,030 shares.
BMIT Technologies plc closed unchanged at the €0.26 level across five deals amounting to 32,711 shares.
Hili Properties plc traded flat at the €0.27 level across four trades totalling 54,500 shares.
Harvest Technologies plc closed unchanged at the €1.10 level across two deals amounting to 5,000 shares.
Lombard Bank Malta plc remained at the €0.73 level as 2,842 shares changed hands.
Mapfre Middlesea plc held the €1.35 level over trivial volumes.
Malta Properties Company plc stayed at the €0.364 level on a single deal of 2,060 shares.
M&Z plc traded flat at the €0.58 level across two deals amounting to 3,592 shares.
The RF MGS Index fell by 0.15% to 890.666 points. Today, the ECB raised its deposit facility rate by 25 basis points to 2.25% in line with expectations. This marked the first rate increase since 2023. The decision was driven by rising energy costs and persistent inflationary pressures stemming from the Iran conflict. Following the meeting the ECB revised its inflation projections materially higher. The ECB is forecasting headline inflation of 3.0% in 2026, up from a prior estimate of 2.6%, and 2.3% in 2027 (previous estimate 2.0%). Meanwhile, core inflation forecasts were also raised to 2.5% for both 2026 and 2027, from 2.3% and 2.2% respectively. The ECB also slightly lowered its eurozone GDP projections and it now anticipates growth of 0.8% in 2026, down from 0.9%, and 1.2% in 2027 down from 1.3%.
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.
