Daily Market Highlights (27.01.2023)

Trading activity spread across several equities


The MSE Equity Price Index advanced by 0.44% to 3,563.685 points as the gains of seven equities outweighed the losses in four other equities. Meanwhile, a further six listed companies closed unchanged as total trading activity improved to an over one-week high of €0.2 million. Download today’s Equity Market Summary.

HSBC Bank Malta plc was the most actively traded equity for the second consecutive session as it moved up by 3.8% to the €0.83 level across eighteen deals totalling 109,987 shares.

Also within the banking sector, APS Bank plc rose by 3.3% to the €0.62 level on two trades totalling 4,785 shares.

Malta International Airport plc climbed by 0.9% to the €5.60 level on two trades totalling 1,260 shares.

The preference shares of RS2 Software plc traded for the first time since the cut-off date (2 November 2022) for the eligibility for the 1 for every 8 bonus issue. A single deal of 2,100 shares pushed the preference share price 6.4% higher to the €1.40 level, compared to the previous adjusted price of €1.316.

Malita Investments plc gained 3.3% to the €0.62 level on two deals totalling 20,000 shares.

Within the same sector, Malta Properties Company plc added 0.4% to the €0.454 level, albeit on trivial volumes.

M&Z plc advanced by 0.7% to the €0.69 level on two trades totalling 6,890 shares.

In contrast, GO plc eased by 0.7% to €2.76 across two trades totalling 4,140 shares.

MaltaPost plc declined by 0.9% to the €1.08 level on two trades totalling 3,000 shares.

Santumas Shareholdings plc fell by 3.8% to the €1.28 level on one deal of 2,300 shares.

Trident Estates plc slipped by 4.1% to the €1.39 level on a single trade of 2,120 shares.

Meanwhile, Simonds Farsons Cisk plc closed at the €7.20 level after recovering from a low of €7.15 (-0.7%) across two trades totalling 1,410 shares.

AX Real Estate plc traded flat at the €0.54 level across two deals totalling 5,450 shares.

Bank of Valletta plc held the €0.90 level across two deals totalling 45,000 shares.

A single deal of 2,300 shares left the share of price of International Hotel Investments plc at the €0.60 level.

PG plc closed at the €2.06 level after failing to hold the €2.08 level (+1%) across four deals totalling 3,047 shares.

The share price of Plaza Centres plc remained at the €0.70 level on one trade of 3,800 shares.

The RF MGS Index shed 0.72% to 882.723 points as sovereign bond yields extended gains following the positive US economic data published yesterday. However, data released today showed that US consumer spending fell by more than expected in December, while the inflation measure for core Personal Consumption Expenditure eased to 4.4% from 4.7% in November. Elsewhere, European natural gas prices fell 20% this week to reach the lows of September 2021.


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.