Daily Market Highlights (25.10.2022)

MSE Equity Price Index trends lower


The MSE Equity Price Index eased by 0.06% to 3,608.794 points as the gains in GO, Lombard and the ordinary shares of RS2 were offset by the declines in MIA and VBL. Meanwhile, two other equities closed unchanged as overall trading activity in equities amounted to €0.13 million. Download today’s Equity Market Summary.

Malta International Airport plc was the most actively traded equity today as it fell by 1.7% to the €5.80 level on five deals totalling 14,408 shares.

VBL plc plunged 7.6% to the €0.22 level across two trades of 55,000 shares.

Elsewhere, PG plc traded flat at the €2.10 level on volumes of 6,000 shares.

A single trade of 841 shares left the share price of Mapfre Middlesea plc unchanged at the €1.60 level.

Lombard Bank Malta plc advanced by 2.6% to the €1.95 level across two trades totalling 1,645 shares. Lombard is holding an Extraordinary General Meeting on Thursday 10 November ahead of a new equity raise of circa €50 million.

GO plc moved 1.4% higher to the €2.98 level on three deals totalling 3,500 shares.

The ordinary shares of RS2 Software plc gained 1.5% to the €1.38 level across 1,500 shares. RS2 shareholders as at close of trading on Wednesday 2 November 2022 will be entitled for a 1-for-8 bonus share issue.

The RF MGS Index posted a three-day positive streak as it gained 0.74% to 877.313 points. Eurozone sovereign bond yields eased further with the German 10-year bund falling to a two-week low of 2.18% as the business climate index of Europe’s largest economy fell to the lowest level since May 2020.


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.