Daily Market Highlights (17.01.2022)

MSE Equity Price Index trades higher on low volumes


The MSE Equity Price Index opened the week in positive territory as it added 0.32% to 3,817.775 points. The uplift in the Index reflects the increase in the share prices of BOV, Hili Properties and the preference shares of RS2. Meanwhile, several equities closed the day unchanged whilst BMIT Technology plc declined by 0.8% to the €0.476 level across 9,500 shares. Trading activity contracted notably to €0.05 million compared to €0.53 million last Friday. Download today’s Equity Market Summary.

Bank of Valletta plc advanced by 1.2% to the €0.86 level on five deals totalling 10,091 shares.

The preference shares of RS2 Software plc regained the €1.74 level (+2.4%) across 1,500 shares.

The other positive performing equity today was Hili Properties plc as it rebounded by 8% to recapture the €0.27 level albeit on just 5,000 shares.

Also in the property segment, VBL plc remained at the €0.286 level across 10,000 shares.

A single deal of 1,000 shares left the ordinary share price of RS2 Software plc at the €1.70 level.

HSBC Bank Malta plc stayed at the €0.92 level after opening at a low of €0.89 (-3.3%). A total of 21,500 shares changed hands.

Malta International Airport plc also ended the day unchanged at the €5.80 level after opening at a high of €5.85 (+0.9%). A total of 1,680 shares traded.

The RF MGS Index lost 0.38% to 1,068.284 points as sovereign bond yields in the euro area extended their recent rally. In fact, the benchmark German 10-year Bund yield reached an over two-year high of -0.02%. On the economic front, China’s GDP grew by more than expected in Q4 2021 despite the impact of the Omicron variant and the significant uncertainties related to the country’s property market.


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.