Movements in equity and bond indices
The MSE Equity Total Return Index jumped by 1.9%, closing at 9,628.173 points. A total of 30 equities were active, 13 of which headed north, while another nine closed in the opposite direction. Total turnover tallied to €2.2m, as a total of 243 deals were executed.
The MSE Corporate Bonds Total Returns Index registered an increase of 0.5%, as it closed at 1,161.355 points. A total of 78 issues were active, of which 37 traded higher, while 27 closed in negative territory. The 4% Cablenet Communication Systems plc Unsecured € 2030 traded 3.2% higher, closing at €97. On the other hand, the 3.75% Tumas Investments plc Unsecured € 2027 lost 2.5% to close at €97.5.
The MSE MGS Total Return Index recorded a positive 1.2% movement, reaching 964.317 points. Out of 35 active issues, 27 registered gains, while eight lost ground. The 4.10% MGS 2041 headed the list of gainers, as it closed 4.3% higher at €101. On the other hand, the 1.00% MGS 2031 lost 1.8%, ending the week at €90.06.
Top 10 market movements
APS Bank plc delivered a solid performance following the quarterly results of last week, with its share price rising 5.7%. The equity marked its highest price in over six months closing at €0.56. The bank traded 34 times, involving 196,485 shares which generated €106,204 in value.
Bank of Valletta plc was the most liquid equity of the week, generating a significant turnover of €839,637. Despite the high volume of 404,057 shares across 45 transactions, the share price dropped by 1.9%, closing at €2.06.
HSBC Bank Malta plc shed 1.4% closing the week at €1.42. A total of 19 trades were executed, involving 35,362 shares, generating a trading value of €51,162.
Lombard Bank Malta plc posted a 5.4% weekly gain. The equity ranged between a low of €0.71 before closing at a high of €0.78. This resulted from four transactions totalling 36,000 shares, with a total trading value of €26,789.
FIMBank plc ($) recorded a double-digit gain of 18.5%, reaching its highest price in four weeks at $0.16. Trading activity involved two transactions of 33,292 shares, resulting in a total value of $4,519.
Simonds Farsons Cisk plc registered a positive performance with its share price rising by 15.9% to close at a high of €6.20. The equity was active across six deals, with 3,435 shares changing hands for a total turnover of €21,060.
The share price for Malta International Airport plc rebounded to €6.20, translating to a 0.8% increase. The equity remained active with 28 transactions recorded, contributing to a trading turnover of €753,172.
International Hotel Investments plc climbed 4% during the week, closing at its weekly high of €0.52. A total of 16,958 shares changed hands across seven transactions, generating a turnover of €8,433.
MIDI plc experienced a sharp decline, with its share price plummeting 23.1%, following three stagnant weeks. This movement resulted from just two deals involving 56,659 shares, amounting to a turnover of €11,332. The equity closed at a price level of €0.20.
PG plc advanced by 3.1%, closing the week at €1.68. Trading activity was spread across 10 trades, with 58,600 shares traded for a total value of €94,986.
Company announcements
HSBC Bank Malta plc reported a profit before tax of €21.3m for the three-month period ended March 31, which represents a 24% decrease compared to the same quarter of 2025. This decline was primarily attributed to lower revenue, which fell by €8.1m, because of narrowing interest rate margins and the impact of the bank’s tactical decision to reduce its commercial real estate exposure. Consequently, the Board of Directors has recommended a gross interim dividend of €0.036 cents per share, reflecting a 60% payout ratio.
Malita Investments plc reported a record revenue of €10.6m for the financial year ended December 31, 2025, an increase from the €9.6m recorded in 2024. Despite this growth in top-line income, the Company shifted to a profit after tax of €1.9m, down from €6.4m profit in 2024, significantly impacted by a €13.4m variance in revenue from service concession arrangements and rising administrative and maintenance provisions. The board of directors has recommended that no dividend will be declared for 2025.
RS2 plc has entered into a significant, five-year multimillion-euro processing agreement with a major financial services partner in Latin America. This strategic partnership will utilise the group’s BankWORKS platform to extend its acquiring and issuing capabilities across several new high-growth markets.
The Convenience Shop (Holding) plc has announced that its forthcoming AGM will be held on July 1. During a meeting held on April 30, the board resolved to recommend a final net dividend of €0.024 per ordinary share for approval during the AGM.
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].
