MSE Equity Price Index falls to a three-week low

The MSE Equity Price Index fell for the fifth consecutive session as it eased by 0.03% to 3,897.644 points as the decline in HSBC outweighed the gain in GO. Meanwhile, six other equities remained unchanged as today’s trading activity amounted to €0.15 million.Download today’s Equity Market Summary.

HSBC Bank Malta plc fell by 1.3% to the €1.47 level on two deals amounting to 4,080 shares.

On the other hand, GO plc advanced by 2.3% to the €2.66 level on a single deal of 600 shares.  GO is expected to publish its 2024 results on 16 April 2025.

Meanwhile, Bank of Valletta plc closed unchanged at the €2.08 level over thirteen deals amounting to 37,273 shares. BOV’s Board of Directors is recommending a final net dividend of €0.0854 per share to be paid on 12 June 2025 to all shareholders as at close of trading on 25 April subject to regulatory approval and approval by the Annual General Meeting scheduled for 29 May 2025.

Also in the banking sector, APS Bank plc closed unchanged at the €0.58 level across three deals amounting to 13,900 shares. Today, APS announced that it will be publishing the results for the first three months of the financial year on Thursday 24 April 2025.

Malta International Airport plc traded flat at the €6.05 level as 3,135 shares changed hands.

A single trade of 19,576 shares left the share price of Plaza Centres plc unchanged at the €0.59 level.

Simonds Farsons Cisk plc traded flat at the €6.25 level across three deals totalling 1,915 shares.

Trident Estates plc held the €1.09 level on two deals amounting to 9,300 shares.

The RF MGS Index moved 0.35% higher to a one-week high of 913.033 points as US consumer sentiment deteriorated for the fourth consecutive month in April, reaching the lowest level since 2020. Meanwhile, last Friday, Minneapolis Federal Reserve President Neel Kashkari identified that investors are moving away from the US as a safe haven as indicated by the downturn in US treasury prices as well as the decline in US dollar relative to other currencies.

 

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.