The MSE Equity Price Index rose by 0.2% to a one-week high of 3,952.0 points as the gains in Quinco, Main Street, FIMBank, BMIT, AX Real Estate, and Malta Properties outweighed the declines in Trident and HSBC. Meanwhile, seven equities closed unchanged as today’s total trading activity amounted to €0.16 million.
AX Real Estate plc increased by 2.1% to the €0.49 level across three trades totalling 22,330 shares.
Also in the property sector, Malta Properties Company plc rose by 1.1% to the €0.37 level as 500 shares changed hands.
Main Street Complex plc gained 11.8% to the €0.19 level over trivial volumes.
FIMBank plc rose by 6.3% to the USD0.17 level on a single deal of 661 shares.
BMIT Technologies plc advanced by 3.2% to the €0.26 level on muted activity.
Quinco Holdings plc closed 17.8% higher at €0.86 level, albeit on negligible volumes.
On the other hand, Trident Estates plc declined by 0.9% to the €1.13 level across two deals totalling 1,113 shares. Today, the equity started trading without the entitlement to the final net dividend of €0.017857 per share. Trident’s upcoming Annual General Meeting will be held on Thursday 25 June 2026.
HSBC Bank Malta plc shed 0.7% to the €1.43 level on low volumes.
Meanwhile, Bank of Valletta plc closed unchanged at the €2.00 level across seven deals totalling 52,107 shares.
Also in the banking sector, APS Bank plc closed unchanged at €0.57 across three deals totalling 428 shares.
Hili Properties plc held the €0.27 level on one trade amounting to 20,000 shares.
International Hotel Investments plc closed unchanged at the €0.50 level across two deals totalling 2,200 shares.
MedservRegis plc closed unchanged at the €0.68 level across three trades amounting to 20,530 shares.
Malta International Airport plc held the €6.20 level one a single deal totalling 2,111 shares.
Malita Investments plc traded flat at the €0.364 level as 22,100 shares changed hands.
Today, MIDI plc announced that the final deed of sale and purchase in respect of the T15 Building was executed, in line with the terms of the transaction set in the promise of sale agreement signed in February 2026. The consideration for the sale amounts to €5.5 million. MIDI reiterated that the net proceeds from the sale will be applied towards the redemption of the €50 million bond which is due to mature in July 2026
The RF MGS Index rose by 0.11% to 896.887 points. Data released today showed that inflation in the euro area accelerated to 3.2% in May from 3.0% in April, in line with expectations, marking the highest reading in almost three years. The increase was primarily driven by energy costs which surged by 10.9%, marking the steepest rise since February 2023. Furthermore, services and core inflation also increased to 3.5% from 3.0% and to 2.5% from 2.2% respectively, which indicate more persistent inflationary pressures. Notably amongst the large economies in the euro area inflation increases in Spain, France and Italy outweighed a slight easing in Germany. The higher inflation readings support expectations that the ECB will hike the deposit rate facility during the upcoming monetary policy meeting on 11 June.
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.
