Movements in equity and bond indices
The MSE Equity Total Return Index headed south, as it reached 10,026.04 points, resulting in a decrease of 0.9%. A total of 23 equities were active, 10 of which registered gains while another four lost ground. Total activity tallied to €1.5m, as a result of 293 transactions.
The MSE Corporate Bonds Total Return Index posted a 0.5% gain to 1,159.95 points. Out of 78 active issues, 39 advanced while another 19 closed in the red. The 5.35% MM Star Malta Finance plc Secured € 2029-2031 was the best performer, as it closed 3.1% higher at €100. Conversely, the 4.25% IZI Finance plc Unsecured € 2029 headed the list of fallers, as it closed 5% lower at €95.
The MSE MGS Total Return Index increased by 0.7% to 969.745 points. A total of 29 issues were active, as 18 were positive and five headed in the opposite direction. The 4% MGS 2043 was the best performer, as it closed 3.1% higher at €100. On the other hand, the 2.9% MGS 2032 lost 2.7%, ending the week at €97.34.
Top 10 market movements
Bank of Valletta plc gained 0.5% to close at €2.07, its weekly high, after trading at a low as €2.05. The equity remained the most liquid of the period, with 164,319 shares changing hands across 54 transactions, producing €338,125 in turnover.
HSBC Bank Malta plc rebounded by 1.4% to close at €1.43, trading within a narrow band of €1.41 to €1.44. The banking equity witnessed 57,676 shares exchanged across 13 transactions, totalling €82,498 in trading value.
After dipping to €0.56 earlier in the week, APS Bank plc closed at its weekly high of €0.58, gaining 1.8%. A total of 154,090 shares were dealt across 48 transactions, worth €87,824.
Mapfre Middlesea plc advanced by 11.1% to close at €1.50, its weekly high, having traded at a low of €1.35 during the week. A total of 665 shares were traded across three transactions, valued at €951.
RS2 plc was the week’s worst performer, plunging 46.3% to close at €0.44, having traded between a high of €0.745 and a low of €0.334. Turnover reached €40,135.
BMIT Technologies plc increased by 1.5% to close at €0.264, after trading at €0.256. The equity saw brisk activity, with 10 transactions covering 373,030 shares amounting to a total trading value of €97,494.
Malta International Airport plc slipped by 0.8% to close at €6.05, having ranged between a low of €6 and a high of €6.10. A total of 29,893 shares were spread across 18 deals worth €180,086.
Malita Investments plc closed at €0.414, surging by 13.1%, after trading at a low of €0.34. A total of 77,108 shares were traded across 12 deals, worth €29,190.
Malta Properties Company plc posted a 9.9% gain to close at its weekly high of €0.40, up from a low of €0.364 earlier in the period. The equity saw 78,471 shares changing ownership across 12 transactions, totalling €29,821 in trading value.
PG plc joined the list of losers, ending the week with a 4.2% decline at €1.60, having traded at a high as €1.66. This was the result of 12 transactions in which 84,571 shares changed hands, amounting to a total turnover of €135,847.
Company announcements
PG plc has announced that, following the approval of a first interim dividend on November 25, 2025, its board of directors will convene on June 30 to consider and, if deemed fit, approve the distribution of a second interim dividend for the financial year ended April 30, 2026.
Plaza Centres plc held its 26th AGM on June 17 during which shareholders approved all resolutions, including
the annual report and financial statements for the year ended December 31, 2025, a net dividend of €0.0137 per share, the appointment of Ernst & Young Limited as auditors and the remuneration report.
MIDI plc has announced that the MFSA has exempted it from preparing a financial analysis summary for its €50m 4% Secured Bonds, on the basis that the bonds will be fully redeemed by July 27, without any refinancing. Separately, the company held its AGM on June 18, during which shareholders approved the audited financial statements for the year ended December 31, 2025, the re-appointment of PricewaterhouseCoopers as auditors.
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].
