The MSE Equity Price Index rose by 0.1% to 4,132.1 points as the gain in Bank of Valletta outweighed the declines in APS and MIA. Meanwhile, five equities closed unchanged as today’s total trading activity amounted to €0.34 million.
Bank of Valletta plc advanced by 1.0% to a two-month high at the €2.12 level across twenty-two trades totalling 96,649 shares.
On the other hand, APS Bank plc declined by 0.9% to the €0.565 level across eight deals amounting to 12,390 shares.
Malta International Airport plc fell by 0.8% to the €6.20 level across two trades totalling 1,879 shares.
Meanwhile, GO plc closed unchanged at the €2.52 level across on a single deal of 3,545 shares.
Hili Properties plc held the €0.27 level across sixteen trades amounting to 373,000 shares.
HSBC Bank Malta plc traded flat at the €1.43 level across two deals totalling 2,150 shares.
Also in the banking sector, Lombard Bank Malta plc closed unchanged at €0.72 over trivial volumes.
MaltaPost plc remained unchanged at the €0.50 level on one deal of 1,501 shares.
LifeStar Holdings plc closed unchanged at the €0.50 level on muted activity. LifeStar held its AGM today.
The RF MGS Index increased by 0.18% to 900.565 points. Data released today showed that US PCE inflation rose by 0.4% month-on-month in May, unchanged from April’ and coming in slightly below the 0.5% consensus. On an annual basis, headline PCE inflation accelerated for a third consecutive month to 4.1% from 3.8%, reaching the highest level since April 2023. Meanwhile, core PCE rose to 3.4% from 3.3%, also matching forecasts and marking the highest reading since October 2023.
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.
