Daily Market Highlights (22.12.2022)

BOV falls to 7-month low


The MSE Equity Price Index shed 0.41% to 3,524.114 points as the declines of BOV, APS, and MIA outweighed the gains of Harvest and Tigné Mall. Five other equities closed unchanged as total trading amounted to €0.05 million. Download today’s Equity Market Summary.

Bank Of Valletta plc dropped by 3.6% to a 7-month low of €0.80 across nine trades totalling 23,585 shares.

Also among the large companies by market value, Malta International Airport plc moved 0.9% lower to the €5.65 level across six trades totalling 1,225 shares.

A single trade of 6,500 shares pulled the share price of APS Bank plc 1.6% lower to the €0.61 level.

Tigné Mall plc surged by 10.5% to the 0.84 level as 4,500 shares changed hands, albeit most of the trading took place at its previous closing price of €0.76.

Likewise, Harvest Technology plc moved 15.2% higher to the €1.44 level on muted volumes after opening at €1.35 (+8%).

A single deal totalling 6,160 shares left the share price of HSBC Bank Malta plc at the €0.715 level.

Simonds Farsons Cisk plc stayed at the €6.80 level on volumes of 680 shares.

PG plc (1,850 shares) and MaltaPost plc (1,992 shares) remained at the €2.10 and €0.97 levels respectively.

BMIT Technologies plc closed the session unchanged at the €0.46 level after opening lower at €0.444 (-3.5%) across volumes totalling 11,500 shares.

The RF MGS Index moved higher for the first time in six sessions as it advanced by 0.10% to 874.635 points, despite the continued increase in yields across the eurozone sovereign markets. Italy’s annual producer prices for November registered an upward trend when compared to the previous month. Meanwhile in the US, the GDP grew by more than expected during the third quarter as data continued to highlight the underlying strength of the US economy.

Today, the new €13 million 5.00% MedservRegis plc secured bond 2029 has been admitted to the official list of the Malta Stock Exchange and trading will commence tomorrow.


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.