Movements in equity and bond indices
The MSE Equity Total Return Index recorded a gain of 0.2%, to end the four-day trading week at 10,034.955 points. A total of 22 equities were active, with six closing in the green, and another eight declining. Total turnover reached €0.7m spread across 159 transactions.
The MSE Corporate Bonds Total Return Index ended the week 0.4% higher at 1,160.380 points. Throughout the week, there were a total of 74 active bonds, with 37 gainers and 16 losers. The 4% Hili Finance Company plc Unsecured € 2027 was the best performing issue, advancing by 3.5% to close at €100, while the 4% Stivala Group Finance plc Secured € 2027 suffered the biggest decline, as it dropped by 2.7% to €97.
The MSE MGS Total Return Index declined by 0.2%, to end the week at 970.064 points. A total of 15 sovereign bonds were active, as eight declined while six gained. The 3.40% MGS 2042 gained 1.1% and ended the week as the best performer at €93. On the other hand, the 3% MGS 2040 suffered the biggest drop, as it declined by 2.8%, to close at €7.50.
Top 10 market movements
Bank of Valletta plc closed the week at €2.10, slipping 1.4%, with its weekly peak reaching €2.13 before hitting its support level of €2.08. The bank’s shares were the most liquid, with 128,373 shares changing hands across 44 transactions, generating €270,709 in turnover.
HSBC Bank Malta plc ended the week flat at €1.42, trading within a narrow range of €1.42 to €1.43. A total of nine deals, involving 35,911 shares traded across the market, worth €51,103.
APS Bank plc rebounded 1.8% higher reaching its weekly high of €0.58, having dipped to a low of €0.56 during the week. A total of 15,407 shares were dealt across 25 transactions, worth €8,875.
International Hotel Investments plc was one of this week’s standout performers, surging 10.3% to close at its weekly high of €0.64, up from a low of €0.545 earlier in the period. Nine transactions accounted for 20,758 shares, with total traded value reaching €11,668.
Malta International Airport plc remained unchanged at €6.20, trading between a low of €6.20 and a high of €6.25. A total of €133,392 in turnover was recorded across six deals, involving 21,514 shares.
GO plc edged 1.6% lower to close at €2.48, oscillating between a low of €2.48 and a high of €2.52 before settling at its weekly low. The equity traded three times across 5,728 shares.
Mapfre Middlesea plc gained 10.7% over the week to close at its weekly high of €1.45, recovering from a low of €1.33 earlier in the period. The market saw two transactions involving 578 shares worth €775.
Simonds Farsons Cisk plc slipped for the second consecutive week, declining 1.6% to close at a price level of €5.80. A total of three deals were recorded involving 1,777 shares, with a turnover of €10,462.
RS2 plc touched a weekly low of €0.358, dropping 2% to close at €0.48. During the week, five transactions involving 26,000 shares produced €10,050 in trading value.
BMIT Technologies plc advanced 2.3% to close at €0.264. A sole transaction of €792 was recorded across 3,000 shares.
Company announcements
Computime Holdings plc has announced that one of its members, Mario Mizzi, has confirmed his firm intention to transfer 50% of his shareholding in the company (representing approximately 14.9% of the issued share capital) to Connie Mizzi.
VBL plc has announced that, following its board meeting of June 30, the board has resolved to recommend for approval at the annual general meeting a final gross dividend of €240,000 (€0.096316 per share). The company’s 14th AGM will be held on July 31 at Casino Maltese, Valletta, at which shareholders will be asked to approve the audited accounts for the year ended December 31, 2025, the dividend, the re-appointment of RSM Malta as auditors, maximum aggregate director remuneration of €0.1m per annum, and the remuneration policy.
PG plc has announced that, at its board meeting held on June 30, the board resolved to distribute a net interim dividend of €4.5m (€0.0416667 per share).
Harvest Technology plc has announced that its forthcoming AGM will be held on July 28. Shareholders holding at least 5% of the issued share capital may request items to be included on the agenda, provided such requests are submitted by July 5.
The Convenience Shop (Holding) plc held its AGM on July 1, during which all resolutions were approved. Shareholders approved the audited financial statements for the year ended December 31, 2025, a final net dividend of €0.024 per share, the appointment of RSM Malta as auditors, and maximum aggregate director emoluments of €0.3m per annum.
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].
