MSE Equity Price Index climbs to a fresh six-year high

Sebastian Aquilina

September 28, 2026

Daily Market Highlights
28 September, 2026
6 min read
Daily Market Highlights
28 September, 2026
6 min read

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 climbed by 0.94% to a fresh six-year high of 4,404.4 points as the gains in seven equities outweighed the declines in APS, Mapfre, RS2 and Trident. Five other equities closed unchanged, while total trading value almost tripled to €0.37 million. Download today’s Equity Market Summary.

HSBC Bank Malta plc was the most actively traded equity for the second consecutive session, accounting for 25% of today’s trading value, as it rose 2.0% to €1.52, its highest level since August 2025, although most of the 62,559 shares that traded changed hands at the previous closing price of €1.49.

Simonds Farsons Cisk plc closed the session 6.5% higher at €6.60, its highest level since January 2025, although the weighted average price across the 12,795 shares that traded stood at €6.179 (-0.3%). Farsons is expected to publish its interim results for the six-month period ended 31 July 2026 on Wednesday 30 September.

FIMBank plc advanced by 9.0% to USD0.338, its highest level since January 2022, across two deals totalling 9,800 shares.

Bank of Valletta plc gained 0.4% to €2.40 across 27 deals totalling 30,884 shares.

GO plc climbed 4.1% to €2.56 across four deals totalling 2,800 shares.

BMIT Technologies plc rebounded by 7.3% to €0.266 on a single trade of 16,016 shares.

MaltaPost plc edged 2.9% higher to €0.494 on a single trade of 100 shares.

In contrast, APS Bank plc fell by 2.6% to €0.57 across ten deals totalling 128,162 shares. Today, APS announced that last week it bought back 40,500 of its own shares at an average price of €0.597 per share.

Trident Estates plc slipped by 0.9% to €1.07 on a single trade of 4,521 shares.

Mapfre Malta plc eased 0.7% to €1.33 across five deals totalling 1,654 shares.

RS2 plc declined 2.6% to €0.448 on a single trade of 4,347 shares.

Malta International Airport plc remained at €6.55 across two deals totalling 2,000 shares. Today, MIA announced that last week it bought back 2,373 of its own shares at an average price of €6.574 per share.

Plaza Centres plc traded flat at the €0.83 level on a single trade of 10,521 shares. Plaza also announced that last week it bought back 29,929 of its own shares at a price of €0.83 per share.

Quinco Holdings plc closed unchanged at €0.82 across two deals totalling 6,371 shares, while International Hotel Investments plc also closed unchanged at €0.62 across three deals totalling 5,731 shares.

MedservRegis plc closed unchanged at €0.69 on a single trade of 60 shares.

Today, AX Real Estate plc announced that during the week ended 18 September it bought back 22,750 of its own shares at a price of €0.535 per share.

The RF MGS Index fell by 0.23% to 872.0 points as eurozone sovereign bond yields continued to climb, with the French 10-year yield rising above 4.75%, its highest level since July 2008, and the Italian equivalent above 4.55%, the highest since October 2023. Internationally, the Brent oil price rose above USD106 per barrel after US President Trump rejected Iran’s proposal for reopening the Strait of Hormuz, while Iran said it would not soften its conditions.

 

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.