Daily Market Highlights (26.04.2023)

MSE Equity Price Index posts a 3-day winning streak


The MSE Equity Price Index advanced for the third consecutive session as it increased by 0.51% to a fresh 1-month high of 3,622.764 points, reflecting the gains in BOV, MIA, Farsons and VBL. Meanwhile, GO, MPC and STS closed unchanged as total trading activity amounted to €0.2 million. Download today’s Equity Market Summary.

Bank of Valletta plc increased by 1.0% reaching a fresh two-year high of €1.02 across nine trades totalling 93,477 shares. BOV remains the most actively traded equity for the ninth successive session.

Malta International Airport plc rose by 0.9% to a one-week high of €5.60 across eight deals totalling 11,430 shares.

Simonds Farsons Cisk plc climbed 1.5% to a one-month high of €6.95 as 792 shares changed hands. The company will be publishing its 2022/23 annual financial statements on 18 May.

VBL plc gained 14.3% as it reached a two-week high of €0.24 on trivial volumes.

A single trade of 24,639 shares left the share price of Santumas Shareholding plc unchanged at the €1.28 level.

GO plc and Malta Properties Company plc held the €2.94 and €0.40 levels on muted activity.

The RF MGS Index increased by 0.58% to a one-week high of 879.580 points, reflecting notable declines in yields of long dated MGS. The German consumer climate indicator for May improved to the highest reading in over a year according to a leading market research house, amid a positive change in income expectations. Nonetheless, the German consumer climate remained in negative territory. The consumer confidence in France showed improvement in April due to an improved outlook for standard of living and the expectations for personal finance. Meanwhile in the US, consumer confidence dropped to a 9-month low in April, led by increased expectations of a recession in the world’s largest economy.


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.