MIA climbs to new 5-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 fell by 0.50% to 4,134.0 points as the declines in BOV, Plaza and APS outweighed the gains in MIA, PG and Malita. A further five equities closed unchanged. Total trading value was rather muted at the €153,000 level. Download today’s Equity Market Summary.
Malta International Airport plc climbed by 0.8% to a fresh five-year high of €6.40 across 4,887 shares. Yesterday, MIA announced that it welcomed an all-time monthly record of 1,187,590 passengers in July, 14.7% higher than in the same month last year, with the seat load factor at 87.6% despite a 17.4% rise in seat capacity. MIA is forecasting 11.2 million passenger movements for 2026, revised upwards from the 10.5 million projected in January. Shareholders as at close of trading on Tuesday 18 August 2026 will receive a net interim dividend of €0.06 per share by no later than Friday 11 September 2026.
PG plc advanced by 1.3% to €1.60 across 3,650 shares, while Malita Investments plc gained 1.1% to €0.38 on a single trade of 500 shares.
In contrast, Bank of Valletta plc shed 1.8% to €2.14 and was the most active equity, representing 31% of total trading value.
Also in the banking sector, APS Bank plc eased by 1.7% to €0.58 across 19,387 shares. APS shareholders as at close of trading on Tuesday 18 August 2026 will be entitled to a net interim dividend of €0.0082 per share, which will be in the form of scrip. The attribution price for the determination of the scrip dividend will be announced on 20 August 2026 and the payment date is set for 30 September 2026.
Plaza Centres plc dropped by 4.8% to €0.80 on a single trade of 20,000 shares. Last week, Plaza declared a net interim dividend of €0.0098 per share, payable to shareholders as at close of trading on Monday 17 August 2026. The dividend represents a payout ratio of 49% and will be paid on Wednesday 2 September 2026.
FIMBank plc held the USD0.185 level across 157,578 shares.
GO plc closed unchanged at €2.54 across 1,200 shares. Last week, GO declared a net interim dividend of €0.07 per share payable on Tuesday 6 October 2026 to all shareholders as at the close of trading on Monday 14 September 2026.
HSBC Bank Malta plc stayed at the €1.45 level across 4,500 shares. HSBC shareholders as at the close of trading on 14 August 2026 will receive an interim quarterly net dividend of €0.028 per share on 23 September 2026.
AX Real Estate plc traded flat at the €0.49 level across 3,333 shares. Today, AX Real Estate announced that last week it acquired 50,000 of its own shares at €0.49 per share.
Santumas Shareholdings plc traded flat at the €1.23 level on a single trade of 400 shares.
Today, MedservRegis plc announced two contract awards, a two-year logistics and support services contract in Mozambique from an existing client and a pilot vendor managed inventory project in Saudi Arabia. They also noted that activity in Iraq has been temporarily affected since the start of the third quarter as disruption to shipping through the Strait of Hormuz curbed the country’s oil exports, although the machine shop services contract with its main customer was extended and a further three-year contract awarded.
The RF MGS Index advanced by 0.20% to 895.1 points as the German 10-year Bund yield eased to around 3.1% from around 3.2% yesterday. The Brent oil price slipped by 0.3% to around USD89 per barrel as negotiations over reopening the Strait of Hormuz remained deadlocked. Nonetheless, market-based measures of euro area inflation expectations over the coming year remained around 2.4%, above the ECB’s 2% target, with eurozone inflation edging up to 2.9% in July.
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.