The MSE Equity Price Index fell by 1.09% to 4,085.2 points as the declines in BOV, GO and IHI outweighed the gain in HSBC. Meanwhile, seven equities closed unchanged as today’s total trading activity amounted to €0.13 million.
PG plc traded flat at the €1.65 level across two deals totalling 1,000 shares. Today, PG announced that the company’s Board of Directors resolved to distribute a net interim dividend of €0.0416667 per share, unchanged when compared to the interim dividend paid out in July 2025. Shareholders of PG as at close of trading on Wednesday 1 July 2026 will be entitled to receive the dividend on Friday 10 July 2026.
Coupled with the interim dividend of €0.025463 per share paid out in December 2025, the total net dividend per share for the financial year ended 30 April 2026 amounts to €0.0671 per share, also unchanged from the previous year.
AX Real Estate plc held the €0.49 level across 19,000 shares. Last week, AX Real Estate published its interim financial results covering the six-month period ended 30 April 2026. Revenue increased by 7.7% to €7.7 million from €7.1 million last year, primarily driven by the rent generated by the Verdala Wellness Hotel (which opened in August 2025) as well as higher variable rent from the other hotels reflecting improved operational performance. Operating profit increased by 7.6% to €7.2 million compared to €6.7 million in the corresponding period last year. After accounting for a tax charge of €0.74 million, AX Real Estate reported a net profit of €3.19 million compared to €2.86 million in the corresponding period last year. Total equity stood at €148 million (31 October 2025: €152 million) which translates into a net asset value per share of €0.539 (31 October 2025: €0.553).
Hili Properties plc traded flat at the €0.27 level across seven deals amounting to 122,105 shares.
Malta International Airport plc stayed at the €6.20 level on two trades of 1,409 shares.
APS Bank plc remained at the €0.57 level across six deals totalling 2,645 shares.
Also in the banking sector, Lombard Bank Malta plc closed unchanged at the €0.72 level on two trades totalling 16,400 shares.
Quinco Holdings plc closed unchanged at the €0.90 level as 3,039 shares changed hands.
HSBC Bank Malta plc was today’s only positive performer as it climbed by 0.7% to the €1.43 level on trivial volumes.
Meanwhile, Bank of Valletta plc shed 2.3% to the €2.08 level across 14 deals amounting to 18,736 shares. Today, BOV announced that last week it bought 29,062 of its own shares at a weighted-average price of €2.08 per share.
GO plc fell by 1.6% to the €2.48 level across volumes of 5,728 shares.
International Hotel Investments plc dropped by 6.0% to the €0.545 level across four deals totalling 14,558 shares.
Today, VBL plc announced that the Directors are recommending the payment of a final gross dividend of €0.0009632 per share (FY2024: €0.0008829) to all shareholders as at the close of trading on Friday 26 June 2026, subject to approval at the upcoming Annual General Meeting scheduled for 31 July 2026
The RF MGS Index moved higher for the fifth consecutive session as it advanced by 0.03% to 901.840 points, which is in line with the level of the index as at the end of 2025. Euro area sovereign bond yields continued to decline from their recent highs as the latest German inflation readings were below expectations. Furthermore, crude oil traded at the USD70 levels, which represents a 30% drop from the end of the first quarter of the year.
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.
