The MSE Equity Price Index fell by 0.8% to 3,952.2 points as declines in seven equities outweighed a gain in GO. Meanwhile, three equities closed unchanged as today’s trading activity on the main market amounted to €0.4 million.
Today’s most actively traded equity, Bank of Valletta plc eased by 0.9% to the €2.10 level across 15 trades totalling 75,202 shares.
HSBC Bank Malta plc moved 2.1% lower to the €1.41 level albeit over trivial volumes.
International Hotel Investments plc edged 0.8% lower to the €0.47 level across eight trades amounting to 70,680 shares.
PG plc dropped by 4.7% to the €1.61 level across two trades amounting to 870 shares.
Malita Investments plc decreased by 2.7% to the €0.36 level as 13,800 shares changed hands across two deals.
Hili Properties plc fell by 0.7% to the €0.27 level as 481,000 shares changed hands across eight trades.
Malta Properties Company plc declined by 11% to the €0.374 level over lacklustre trading.
APS Bank plc closed unchanged at the €0.50 level as 36,300 shares changed hands across five trades.
Computime Holdings plc stayed at the €0.45 level over a single deal of 22,000 shares.
Malta International Airport plc traded flat at the €6.15 level across five trades amounting to 5,594 shares.
GO plc advanced by 1.5% to the €2.66 level as 820 shares changed hands across two deals.
The RF MGS Index rose by 0.15% to 892.63 points. WTI crude oil futures continued to surge to 2022 level highs of over USD 116 per barrel following US strikes on an Iranian oil export hub ahead of tonight’s deadline set by US President Donald Trump for Iran to reopen the Strait of Hormuz. Elsewhere, eurozone economic growth slowed in March according to data published by S&P Global, mainly driven by elevated energy prices, disrupted supply chains, and lower demand.
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.
