Daily Market Highlights (28.01.2022)

Heightened activity in MPC shares


The MSE Equity Price Index moved lower for the first time in four trading sessions as it shed 0.25% to 3,781.636 points. Five equities trended in negative territory whilst another five companies closed the day unchanged. Overall trading activity in equities improved markedly to €0.3 million on the back of heightened activity in MPC. Download today’s Equity Market Summary.

Malta Properties Company plc dropped by 5.7% back to the €0.50 level on a total of 503,532 shares having a market value of €0.25 million.

The ordinary and preference shares of RS2 Software plc ended lower at €1.71 (-1.7%) and €1.69 (-2.9%) respectively albeit on trivial volumes.

Trident Estates plc lost 1.3% to the €1.48 level on just 3,000 shares.

A single deal of 1,000 shares forced the share price of MaltaPost plc to ease by 0.8% to the €1.19 level.

Meanwhile, HSBC Bank Malta plc traded flat at the €0.90 level on a total of 7,352 shares. The Bank is due to publish its 2021 full-year results on Tuesday 22 February. The Directors will also consider the recommendation, or otherwise, of a final dividend.

Also in the retail banking sector, Bank of Valletta plc stayed at the €0.83 level on 9,108 shares.

FIMBank plc also closed the day unchanged at the USD0.27 level across 58,292 shares.

Two deals totalling 649 shares left the share price of Malta International Airport plc at the €5.80 level.

International Hotel Investments plc maintained the €0.62 level across 8,500 shares.

The RF MGS Index trended higher as it rebounded by 0.19% to 1,064.966 points. Economic growth concerns resurfaced in Germany as Q4 GDP data indicated a considerable decline in activity when compared to the previous quarter. On the other hand, economic activity in Spain exceeded expectations.

Yesterday, M&Z plc yesterday published a Prospectus in relation to the offer for sale of 11,550,000 shares at €0.72 each with a total value of €8.316 million. The shares of M&Z are expected to be admitted to the Official List of the Malta Stock Exchange on 11 March and trading is expected to commence on 14 March.


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.