Daily Market Highlights (05.12.2022)

MaltaPost & MedservRegis trend considerably lower


The MSE Equity Price Index fell by 0.17% to 3,562.053 points as the drops in the share prices of MaltaPost and MedservRegis outweighed the uplift in APS. Meanwhile, six other equities closed unchanged as overall trading activity amounted to €0.11 million. Download today’s Equity Market Summary.

MaltaPost plc plunged 10.9% to a two-year low of €0.98 across seven deals totalling 18,951 shares. MaltaPost is expected to publish its full-year financial results on Monday 19 December 2022.

The only other negative performing equity today was MedservRegis plc which lost 9.2% to a 20-month low of €0.59 across 11,130 shares.

In contrast, APS Bank plc advanced by 1.7% to recapture the €0.61 level on 40,030 shares.

Bank of Valletta plc closed unchanged at the €0.89 level after recovering from an intraday low of €0.86 (-3.4%). A total of 54,458 shares changed hands.

Also in the retail banking sector, HSBC Bank Malta plc (3,294 shares) and Lombard Bank Malta plc (1,000 shares) held on to the €0.73 and €1.08 levels respectively.

A single deal of 7,200 shares left the share price of Plaza Centres plc at the €0.73 level.

Mapfre Middlesea plc stayed at the €1.50 level albeit on just 1,333 shares.

PG plc remained at the €2.14 level on low volumes. The company’s Board of Directors is scheduled to meet on Thursday 15 December 2022 to consider and approve the interim financial statements for the six-month period ended 31 October 2022.

The RF MGS Index posted its sharpest decline in five days as it fell by 0.42% to 899.574 points. Sovereign bond yields trended higher amid concerns that the strong labour market dynamics in the US will force the Federal Reserve to continue with its aggressive monetary policy tightening. Meanwhile in the euro area, retail sales fell sharply reflecting the impact of high inflation on consumer demand.


This report contains public information only and is not to be construed as investment advice or an offer to buy or sell any 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.