The MSE Equity Price Index rose by 0.04% to 4,122.9 points as the increase in BOV, MIA, Lombard, and BMIT outweighed the declines in four other equities. Furthermore, two equities remained unchanged. Total trading value remained weak at around €120,000.
Plaza Centres plc closed the session 2.3% lower at €0.84 after recovering from an intraday low of €0.75 (-12.8%) across volumes of 1,500 shares. Today, Plaza announced that on 21 July 2026 it entered into a promise of sale agreement to acquire a childcare property situated in Tigné, Sliema. Plaza explained that the property is subject to a long lease in favour of an established childcare operator. Accordingly, the acquisition is expected to be earnings-accretive from completion of the acquisition. In this respect, Plaza highlighted that the completion of the acquisition remains subject to the satisfaction of a number of conditions precedent by the seller. The Board of Directors noted that this acquisition is consistent with the company’s strategy of strengthening and diversifying its property portfolio.
Plaza is expected to publish its interim financial statements for the six-month period ended 30 June 2026 on 5 August. Today, Plaza also published further details in relation to the share buy-back programme that was approved at the EGM held on 14 May and is scheduled to commence on or around 6 August. Plaza explained that for the purpose of maintaining an effective and orderly buy-back programme and with a view to avoiding the significant price fluctuations that are sometimes observed in the local market, it intends to maintain a standing purchase order in the market at the lowest price within the range approved by shareholders, being €0.75 per share.
FIMBank plc plunged by 5.9% to USD0.16 across seven deals totalling 59,636 shares.
International Hotel Investments plc (-2.5% to €0.59) and Malta Properties Company plc (-0.5% to €0.408) were today’s other negative performers on weak activity.
In contrast, Bank of Valletta plc was the most actively traded equity for the third consecutive session as climbed by 0.5% to €2.13 across volumes of 24,916 shares accounting for 42.8% of the total value traded across all local equities.
Also among the large companies by market value, Malta International Airport plc gained 1.7% to €6.15 across 5,000 shares. Today, MIA announced that the Board of Directors is scheduled to meet on Thursday 30 July 2026 to approve the interim financial statements for the six-month period ended 30 June 2026. The Board will also consider the payment of an interim dividend.
BMIT Technologies plc (+0.8% to €0.254) and Lombard Bank Malta plc (+1.7% to €0.73) also trended in positive territory.
AX Real Estate plc traded flat at the €0.49 level across 50,000 shares.
MaltaPost plc closed unchanged at €0.49 across three deals totalling 2,138 shares.
The RF MGS Index fell by 0.11% to 886.8 points as euro area yields climbed higher, with German 10-year bund yield reaching the highest levels in 15 years of 3.20%. In this respect, energy-driven inflation fears continued to dominate fixed-income markets as Brent oil price touched USD100 per barrel for the first time since May, with Red Sea attacks by Iranian-backed Houthi militants stoking concerns over disruption.
Today, the Treasury Department published the prices and yields for the new Malta Government Stocks Issue offered to retail investors, with both new MGS offered at par (100%). As such the 3.80% MGS 2036 (IV) will have a yield to maturity of 3.7997% while the 4.25% MGS 2046 (II) will have a yield to maturity of 4.2497%. Subscriptions for the General Public open on Monday 27 July 2026 and close on Wednesday 29 July 2026.
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.
