Most equities close unchanged

The MSE Equity Price Index eased by 0.10% to 3,748.622 points as the declines in PG and Mapfre Middlesea outweighed the gains in GO and Simonds Farsons Cisk. Meanwhile, six other equities closed unchanged as today’s total trading activity in local equities amounted to €0.1 million. Download today’s Equity Market Summary.

Bank of Valletta plc was today’s most actively traded equities as it closed unchanged at the €1.74 level after recovering from an intraday low of €1.72 (-1.2%) across seven deals amounting to 21,552 shares.

Also in the banking sector, APS Bank plc traded flat at the €0.565 level on two trades totalling 6,353 shares.

A single trade of 2,400 shares left the share price of Malta International Airport plc unchanged at the €6.20 level.  Last week, MIA published the December 2024 traffic results and provided key performance targets for 2025, in which it expects passenger movements of 9.3 million compared to the 2024 figure of 8.96 million. This is expected to translate into revenues of €147 million, EBITDA of €91 million and net profit of €48 million, all of which would be record levels.

Plaza Centres plc traded flat at the €0.58 level across two deals amounting to 53,992 shares.

Harvest Technology plc closed unchanged at the €0.90 level on a single trade of 5,000 shares.

Malta Properties Company plc held the €0.36 level on one trade of 2,580 shares.

PG plc fell by 3.2% to the €1.84 level on a single deal of 2,000 shares.

Mapfre Middlesea plc dropped by 2.9% to the €1.36 level, albeit over trivial volumes.

On the other hand, GO plc recovered some of yesterday’s losses as it rebounded by 0.8% to the €2.60 level on two trades amounting to 1,000 shares.

Simonds Farsons Cisk plc rose by 1.5% to the €6.60 level as 150 shares changed hands.

The RF MGS Index rose by 0.09% to 910.259 points. The initial decisions of the newly inaugurated US President Mr Donald Trump took centre stage across financial portals. Notably, the President declared a national energy emergency which will allow for the increase in supply of fossil fuels. However, the anticipated trade tariffs were not imposed immediately and expectations are that they might be introduced as from next month.

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.