The MSE Equity Price Index rose by 0.5% to 4,095.1 points as the gains in the ordinary and preference shares of RS2, Malita, HSBC, and MIA outweighed the declines in AX Real Estate, FIMBank and BOV. Meanwhile, five equities closed unchanged as today’s total trading activity amounted to €0.21 million.
Hili Properties plc held the €0.27 level across eighteen deals amounting to 262,950 shares. In April 2026, the company had submitted an application for the discontinuation of listing of all of the company’s shares to the MFSA.
MedservRegis plc closed unchanged at the €0.69 level as 5,702 shares changed hands.
APS Bank plc traded flat at the €0.57 level across eleven trades totalling 57,855 shares.
BMIT Technologies plc closed unchanged at the €0.26 level across three deals amounting to 132,196 shares.
GO plc closed unchanged at the €2.48 level over trivial volumes.
Malita Investments plc advanced by 17.6% to the €0.40 level across four deals amounting to 23,000 shares.
The ordinary shares of RS2 plc gained 10.0% to the €0.44 level across four trades totalling 49,115 shares. The preference shares of RS2 plc surged by 51.3% to the €0.454 level albeit on just one deal of 1,000 shares.
HSBC Bank Malta plc rose by 1.4% to the €1.43 level across two deals amounting to 5,227 shares.
Malta International Airport plc advanced by 0.8% to the €6.05 level across six trades totalling 2,890 shares.
On the other hand, Bank of Valletta plc fell by 0.5% to the €2.05 level across six deals amounting to 4,238 shares.
Also in the banking sector, FIMBank plc shed 1.6% to the USD0.185 level across two trades totalling 27,700 shares.
AX Real Estate plc declined by 2.0% to the €0.48 level over trivial volumes.
The RF MGS Index remained practically unchanged at 897.953 points after as the declines in short-term and medium-term MGS bid prices were offset by the gains in the longer-term MGS prices as the yield curve flattened slightly. Yesterday, the Federal Reserve held the federal funds rate at 3.50%–3.75%, for the fourth consecutive meeting, in line with expectations. Nonetheless, Fed officials signalled a possible hike before year-end which is a reversal from the potential cuts anticipated last March. The shift come following a period of elevated inflation in the US reaching 4.2% which was the highest level since 2023, partially driven by an energy price spike due to the Middle East conflict.
Yesterday, the Central Bank of Malta released updated economic forecasts for Malta projecting real GDP growth of 3.7%, 3.6% and 3.8% over 2026 to 2028, with the domestic economy expected to remain broadly resilient to the Middle East conflict in 2026. Notably, the 2027 outlook revised the economic growth rate down by 0.1 percentage point and the 2028 outlook was revised up by 0.1 percentage point. Inflation is projected at 2.5% in 2026 and 2027 but expected to ease to 2.2% in 2028. The Government’s debt-to-GDP ratio is expected to fall from 46.4% in 2025 to 44.1% by 2028. The Central Bank explained that economic growth risks as tilted to the downside, largely tied to potential disruption to foreign demand and tourism, while inflation risks are tilted to the upside on the possibility of more severe energy market disruptions than currently assumed.
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.
