Most equities unchanged across lacklustre trading
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 2.1% to 4,081.7 points as the declines in the ordinary shares of RS2, Malita, MIA, and IHI outweighed the gains in Harvest and MaltaPost. Meanwhile, ten other equities closed unchanged as today’s total trading activity totalled €0.29 million. Download today’s Equity Market Summary.
PG plc closed unchanged at the €1.66 level on one deal of 2,920 shares. Last Friday, PG announced that its subsidiary DB Gauci Shopping Mall Limited in which PG holds a 60% shareholding, entered into a deed of temporary sub-emphyteusis on 8 June 2026 with DB San Gorg Property Limited for the property comprising a proposed shopping mall and multiple car park spaces on the wider site of the old Institute for Tourism Studies at St George’s Bay, St Julians. The title of sub-emphyteusis will terminate on 31 January 2120. Today, PG announced that its Board of Directors is scheduled to meet on Tuesday 30 June 2026 to consider the approval of an interim dividend.
APS Bank plc held the €0.57 level across fourteen trades totalling 30,340 shares.
Also in the banking sector, FIMBank plc closed unchanged at USD0.185 across two deals amounting to 80,200 shares.
Bank of Valletta plc closed unchanged at €2.06 across eleven trades totalling 27,731 shares.
HSBC Bank Malta plc closed unchanged at the €1.41 level across two trades totalling 6,790 shares.
BMIT Technologies plc closed unchanged at €0.26 across three deals amounting to 7,217 shares.
BMIT’s parent company GO plc also closed unchanged at the €2.50 level following eight trades totalling 8,848 shares.
Hili Properties plc held the €0.27 level on single deal amounting to 37,000 shares.
Mapfre Middlesea plc closed unchanged at the €1.35 level over trivial volumes.
Malta Properties Company plc closed unchanged at the €0.364 level on muted activity.
On the other hand, the ordinary shares of RS2 plc declined by 51.2% to the €0.40 level, which however is still 13% higher than last Friday’s weighted average price of €0.354. A total of 11,250 shares changed hands today at a weighted-average price of €0.70.
Malita Investments plc shed 7.1% to the €0.34 level across four deals amounting to 21,889 shares.
Malta International Airport plc fell by 1.6% to the €6.00 level across seven trades totalling 17,498 shares. Today, MIA announced that last week it bought 2,961 of its own shares at a weighted average price of €6.08.
International Hotel Investments plc declined by 0.8% to the €0.615 level on a single deal of 2,000 shares.
Harvest Technologies plc surged by 12.0% to the €1.12 level across two trades totalling 20,836 shares.
MaltaPost plc advanced by 5.4% to the €0.468 level across three deals amounting to 5,917 shares.
The RF MGS Index rose by 0.30% to 897.407 points after a breakthrough in the geopolitical conflict of the Middle East as the US and Iran reached an agreement to reopen the Strait of Hormuz. Following the news, oil prices fell by 5% to a two-month low of USD80 easing concerns of elevated inflation.
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.