MSE Equity Price Index climbs to a fresh six-year high
Following last week's article detailing the performance of the S&P 500 index in 2025, it is worth devoting time to review the developments across the European equity markers in my last article of the year.
The MSE Equity Price Index rose by 0.24% to a fresh six-year high of 4,356.7 points as gains in HSBC, FIMBank and AX Real Estate outweighed declines in Malita and VBL, while eight others closed unchanged. Total trading value across local equities was modest at €0.35 million. Download today’s Equity Market Summary.
Bank of Valletta plc was once again the most actively traded equity, accounting for almost half of the day’s value as €0.17 million changed hands across 72,038 shares. BOV closed unchanged at €2.34.
Santumas Shareholdings plc was the next most active, with 81,966 shares worth €0.10 million changing hands as the equity traded flat at the €1.24 level across three deals.
APS Bank plc closed unchanged at the €0.595 level on volume totalling 44,792 shares.
Malta International Airport plc traded flat at €6.60 across 2,400 shares.
Furthermore, M&Z plc (€0.565), International Hotel Investments plc (€0.63), RS2 plc (€0.45) and Harvest Technology plc (€0.90) all closed unchanged, albeit on muted activity.
Among the gainers, FIMBank plc was the strongest performer, advancing 3.5% to USD0.296, its highest closing price since January 2022.
HSBC Bank Malta plc added 1.4% to €1.50 on a single trade of 2,600 shares.
AX Real Estate plc rose 2.9% to €0.535, also on one deal of 1,000 shares.
The only negative performers were Malita Investments plc, which eased 0.5% to €0.38 across 13,500 shares and VBL plc as it fell by 1.0% to €0.20 on 21,000 shares.
The RF MGS Index edged 0.10% higher to 885.7 points as eurozone sovereign bond yields eased slightly, with the German 10-year yield dropping by four basis points to 3.34% and the Italian equivalent by six basis points to 4.16%. Data published in the eurozone showed that producer prices rose by 5.8% in July, when compared to a year earlier. The figure is higher than the comparable figure of 4.6% recorded in June. Furthermore, the S&P Global Eurozone Composite PMI survey data for August showed that private sector business activity maintained the growth observed in July. Notably, new export orders rose for the first time in four and a half years, driven by the manufacturing sector.
The article contains public information only and is published solely for informational purposes. It should not be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities, markets or developments referred to in this article. Rizzo, Farrugia & Co. (Stockbrokers) Ltd (“Rizzo Farrugia”) is under no obligation to update or keep current the information contained herein. Since the buying and selling of securities by any person is dependent on that person’s financial situation and an assessment of the suitability and appropriateness of the proposed transaction, no person should act upon any recommendation in this article without first obtaining investment advice. Rizzo Farrugia, its directors, the author of this article, other employees or clients may have or have had interests in the securities referred to herein and may at any time make purchases and/or sales in them as principal or agent. Furthermore, Rizzo Farrugia may have or have had a relationship with or may provide or has provided other services of a corporate nature to companies herein mentioned. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Foreign currency rates of exchange may adversely affect the value, price or income of any security mentioned in this article. Neither Rizzo Farrugia, nor any of its directors or employees accepts any liability for any loss or damage arising out of the use of all or any part of this article. Additional information can be made available upon request from Rizzo, Farrugia & Co. (Stockbrokers) Ltd., Airways House, Fourth Floor, High Street, Sliema SLM 1551. Telephone: +356 2258 3000; Email: info@rizzofarrugia.com; Website: www.rizzofarrugia.com © 2021 Rizzo, Farrugia & Co. (Stockbrokers) Ltd. All rights reserved. This article may not be reproduced or redistributed, in whole or in part, without the written permission of Rizzo Farrugia. Moreover, Rizzo Farrugia accepts no liability whatsoever for the actions of third parties in this respect.
This article was produced by Edward Rizzo, Director at Rizzo Farrugia, which 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. The company’s registered address is at Airways House, Fourth Floor, High Street, Sliema SLM 1551, Malta.
The article contains public information only and is published solely for informational purposes. It should not be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities, markets or developments referred to in this article. Rizzo, Farrugia & Co. (Stockbrokers) Ltd (“Rizzo Farrugia”) is under no obligation to update or keep current the information contained herein. Since the buying and selling of securities by any person is dependent on that person’s financial situation and an assessment of the suitability and appropriateness of the proposed transaction, no person should act upon any recommendation in this article without first obtaining investment advice. Rizzo Farrugia, its directors, the author of this article, other employees or clients may have or have had interests in the securities referred to herein and may at any time make purchases and/or sales in them as principal or agent. Furthermore, Rizzo Farrugia may have or have had a relationship with or may provide or has provided other services of a corporate nature to companies herein mentioned. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Foreign currency rates of exchange may adversely affect the value, price or income of any security mentioned in this article. Neither Rizzo Farrugia, nor any of its directors or employees accepts any liability for any loss or damage arising out of the use of all or any part of this article. Additional information can be made available upon request from Rizzo, Farrugia & Co. (Stockbrokers) Ltd., Airways House, Fourth Floor, High Street, Sliema SLM 1551. Telephone: +356 2258 3000; Email: info@rizzofarrugia.com; Website: www.rizzofarrugia.com © 2021 Rizzo, Farrugia & Co. (Stockbrokers) Ltd. All rights reserved. This article may not be reproduced or redistributed, in whole or in part, without the written permission of Rizzo Farrugia. Moreover, Rizzo Farrugia accepts no liability whatsoever for the actions of third parties in this respect.
This article was produced by Edward Rizzo, Director at Rizzo Farrugia, which 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. The company’s registered address is at Airways House, Fourth Floor, High Street, Sliema SLM 1551, Malta.