The MSE Equity Price Index eased by a further 0.15% to a fresh one-month low of 4,061.1 points as the declines in APS and Lombard outweighed the gains in BMIT, GO, HSBC, and IHI. Meanwhile, four other six equities closed unchanged. The value traded in local equities amounted to €0.69 million.
95% of the value traded today was across the shares of Bank of Valletta plc which closed unchanged at the €2.10 level across 18 trades amounting to 313,476 shares.
BOV’s insurance associate Mapfre Malta plc held the €1.42 level on a single trade of 14,000 shares.
Computime Holdings plc (€0.46), and Malta Properties Company plc (€0.39) also closed unchanged, albeit on muted activity.
GO plc advanced by 0.8% to the €2.52 level on one deal of 2,412 shares.
GO’s IT services and digital infrastructure subsidiary BMIT Technologies plc also climbed by 0.8% to €0.252, albeit on trivial volumes.
International Hotel Investments plc (+0.9% to €0.55) and HSBC Bank Malta plc (+0.7% to €1.42) were today’s other positive performers.
In contrast, APS Bank plc (-5.1% to €0.56) and Lombard Bank Malta plc (-1.4% to €0.72) moved lower on lacklustre volumes.
The RF MGS Index was little changed for the second consecutive session at just under 890 points as euro area sovereign bond yields remained elevated when compared to the past 12 months. Within the eurozone, the French government unveiled its latest budget plans which include restricted public spending amid rising borrowing costs and defence spending. The finance ministry projected debt interest costs would rise to €74.2 billion in 2027 from €64.8 billion in 2026, while defence spending is expected to increase by €6.4 billion in line with France’s military programming law. In 2025, France’s deficit stood at 5.1% of GDP, while total debt amounted to 115.9% of GDP.
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.
