The MSE Equity Price Index fell by a further 0.5% to 4,113.9 points as the declines in seven equities outweighed the gains in APS and IHI. Meanwhile, two other equities closed unchanged as today’s total trading activity reached €0.32 million.
Bank of Valletta plc shed 1.9% to the €2.09 level across 14 trades amounting to 44,740 shares.
Also in the banking sector, HSBC Bank Malta plc declined by 1.4% to the €1.41 level on six deals of 46,100 shares.
Malta International Airport plc dropped by 2.4% to the €6.10 level across seven trades totalling 3,168 shares.
FIMBank plc plunged by 5.9% to USD0.16 across volumes totalling 87,000 shares.
AX Real Estate plc eased by 0.4% to the €0.49 level on two deals totalling 46,000 shares.
Computime Holdings plc (-2.1% to €0.46) and Mapfre Middlesea plc (-2.1% to €1.42) were today’s other negative performers on low volumes.
GO plc traded flat at the €2.50 level across three trades totalling 6,250 shares.
Malta Properties Company plc closed unchanged at the €0.39 level across trivial volumes.
Meanwhile, APS Bank plc advanced by 3.5% to €0.59 across nine deals totalling 25,041 shares.
International Hotel Investments plc closed the session at €0.64 (+4.9%), although the vast majority of the 138,500 shares that traded exchanged hands at €0.55 (-9.8%). Today, IHI announced the basis of acceptance in relation to the offer of €30 million 5.25% unsecured bonds redeemable in 2036. IHI received applications for a total value of €30.5 million. As a result of the over-subscription, IHI has determined to allocate to subscribers the first €100,000 in full and 62.83% on the remaining amount, rounded to the nearest €100.
Interest on the new IHI bonds will commence accruing on 14 July 2026 and shall be payable annually in arrears on 14 July of each year, with the first interest payment falling due on 14 July 2027. The new bonds are expected to be admitted to listing on the MSE on 22 July 2026 and trading is expected to commence on 23 July 2026.
The RF MGS Index decreased by 0.33% to 889.376 points as it fell below 890 points for the first time since the middle of May amid reescalation of the conflict in the Middle East which increased oil prices and renewed concerns about inflation. However, data released today showed that inflation in the US eased for the first time in five months to 3.5% in June, compared to the three year high of 4.2% in May. The lower reading was due to a lower increase in energy prices and also a slowdown in inflation for shelter and food costs.
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.
