MIA reaches five-year high of €6.35
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 eased by 0.10% to 4,133.3 points for a second consecutive session, as the declines in GO, M&Z and PG outweighed the increases in BOV and MIA. A further five equities closed unchanged, with total trading value weak at just over €126,500. Download today’s Equity Market Summary.
Malta International Airport plc advanced by 0.8% to €6.35 and was the most active equity, representing 30.3% of total trading value. Last week, the Board of Directors of MIA declared a net interim dividend of €0.06 per share, which is unchanged from the previous year. The dividend is payable by no later than Friday 11 September 2026 to all shareholders as at close of trading on Tuesday 18 August 2026. MIA revised its 2026 traffic, revenue and profitability forecasts upwards from those issued in January and now expects to close 2026 with passenger movements of 11.2 million (previous forecast: 10.5 million), revenue of €170 million (4.9% higher than the previous forecast of €162 million), EBITDA of €105 million (7.1% higher than the previous forecast of €98 million), and net profit of €62 million (21.6% higher than the previous forecast of €51 million).
Also in positive territory, Bank of Valletta plc added 0.5% to €2.16 on a volume of 14,120 shares.
In contrast, M&Z plc eased by 0.9% to €0.555 on a trading value more than nine times its 90-day average, while PG plc slipped by 0.6% to €1.56 on a single deal of 855 shares.
GO plc shed 5.3% to €2.50 on a single trade of 32 shares, surrendering the 5.6% gain registered yesterday. Tomorrow, GO will be publishing its interim results for the six months ended 30 June 2026.
APS Bank plc closed unchanged at €0.59 on the session’s largest volume of 47,085 shares.
HSBC Bank Malta plc traded flat at the €1.46 level, as did BMIT Technologies plc at the €0.254 level on a single deal.
Malta Properties Company plc closed unchanged at €0.42, but 6,600 of the 6,700 shares that traded had changed hands at €0.40 (-4.8%). Likewise, Malita Investments plc ended the session unchanged at €0.376 on two deals.
Main Street Complex plc announced that its Board of Directors will meet on Monday 10 August 2026 to approve the interim financial statements for the six months ended 30 June 2026.
The RF MGS Index snapped a four-session winning streak as it eased by 0.10% to 897.3 points. In fact, euro area sovereign bond yields edged higher, with the German 10-year yield at 3.11%, still more than eight basis points lower over the week, as the Brent oil price rebounded by 1.8% to just below USD81 per barrel after three consecutive sessions of losses. Meanwhile, German factory orders jumped by 3.1% month-on-month in June, well above the 0.3% increase expected, driven by a 7.8% surge in domestic 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.
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.