Movements in equity and bond indices
The MSE Equity Total Return Index (MSE) registered a loss of 0.1%, as it closed the week at 10,020.112 points. A total of 27 equities were active, eight of which registered gains while another 12 lost ground. A total weekly turnover of €2.3m was generated across 327 transactions.
The MSE Corporate Bonds Total Return Index retracted by 0.4%, to close at 1,155.541 points. Out of 82 active issues, 23 advanced while 31 closed in the red. The 5.2% HH Finance plc € Secured Bonds 2035 headed the list of gainers, closing 3% higher at €99.90. Conversely, the 3.65% IHI plc Unsecured € 2031 closed 4.2% lower at €91.
The MSE MGS Total Return Index advanced by 0.2% to 971.720 points. A total of 34 issues were active. The best performance was recorded by the 1.8% MGS 2051 issue, as it closed 5.4% higher at €61.74. On the other hand, the 3.40% MGS 2035 closed 1.3% lower at €97.75.
Top 10 market movements
Bank of Valletta plc gained 2.9% to close at its weekly high of €2.13, having dipped to a low of €2.06 earlier in the period. The banking equity remained the most liquid of the week, with 266,613 shares changing hands across 57 transactions, generating €555,554 in turnover.
APS Bank plc ended the week 1.7% lower at €0.57, having ranged between a low of €0.56 and a high of €0.58. A total of 104,922 shares changed hands across 30 transactions, worth €59,789.
LifeStar Holding plc registered the steepest decline, plunging 53.9% to close at €0.45. The equity featured in three deals for a total of 700 shares, amounting to €330.
Malta International Airport plc’s stock rose by 2.5% to close at €6.20, recovering from a weekly low of €6.05. Trading activity included 78,057 shares dealt across 25 transactions, valued at €482,258.
International Hotel Investments plc slipped 5.7% to close at €0.58, having ranged between a low of €0.53 and a high of €0.59 during the week. A total of 64,750 shares were exchanged across 14 deals, worth €35,415.
Quinco Holdings plc surged 20% to close at its weekly high of €0.90. Six transactions accounted for 5,750 shares, generating €4,809 in trading value.
PG plc closed 3.1% higher at €1.65. A total of 8,450 shares were transacted across six deals, amounting to €13,943.
RS2 plc Ord rose 11.4% to close at €0.49, having traded between a low of €0.40 and a high of €0.50 during the week. A total of 149,500 shares changed hands across 10 deals, producing a total of €69,119.
RS2 plc Pref soared 54.2% to close at its weekly high of €0.70, up from a low of €0.45 earlier in the period. Activity was limited to two transactions covering 1,250 shares, generating €594 in turnover.
MaltaPost plc increased by 7.3% to close at its weekly high of €0.50. An amount of 291,215 shares were exchanged across 10 transactions, translating to €136,354 in trading value.
Company announcements
International Hotel Investments plc announced that it has successfully concluded the purchase of a 25% shareholding in Mediterranean Investments Holding plc (MIH). The company has also acquired from National Real Estate Company K.P.S.C. one ordinary share in each of Palm City Ltd and Palm Waterfront Ltd, both being subsidiaries of MIH.
Lombard Bank Malta plc held its AGM on June 24 at which all resolutions on the agenda were approved.
Simonds Farsons Cisk plc held its AGM on June 24 at which all resolutions were approved. Shareholders approved the financial statements for the year ended January 31, 2026, the re-appointment of Deloitte Audit Ltd as auditors and a final net dividend of €0.145 per share.
Quinco Holdings plc held its first AGM on June 25 at which all resolutions were approved, including the financial statements for the year ended December 31, 2025. The company reported results for its first consolidated financial period, covering May 8, 2025, to December 31, 2025, generating revenue of €13.3m and profit after tax of €1.1m. The Board is not recommending a final dividend.
Trident Estates plc held its AGM on June 25 at which all resolutions were approved. Shareholders approved the financial statements for the year ended January 31, 2026, the re-appointment of PricewaterhouseCoopers as auditors and a final net dividend of €0.017857 per share.
The board of AX Real Estate plc approved the half-yearly financial report as at April 30, 2026. Profit after tax during the period under review amounted to €3.2m compared to €2.9m in the same period last year.
VBL plc has announced that its board of directors will meet on June 30 to consider, the declaration of a final dividend to be recommended for approval at the company’s AGM.
Main Street Complex plc held its AGM on June 22. The shareholders approved all resolutions, including the 2025 audited financial statements and the re-appointment of PricewaterhouseCoopers as auditors. The board is not recommending a final dividend.
Malita Investments plc announced it will hold its AGM on July 16, to approve its ordinary resolutions.
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].
