Daily Market Highlights (30.12.2022)

Nine equities move higher on last day of trading for 2022

The MSE Equity Price Index advanced by 1.01% to 3,554.177 points reflecting the gains of nine different equities, while three other equities closed the session unchanged. Despite today’s positive performance, the Index lost 9.9% throughout 2022. Trading on the MSE will resume on Tuesday 3 January 2023. Download today’s Equity Market Summary.

Malta International Airport plc was today’s most actively traded equity as it added 0.9% to recapture the €5.80 level after recovering from a low of €5.55 (-3.5%) across seven trades totalling 8,000 shares, having a market value of just under €0.05 million.

Also among the large companies by market value, Bank of Valletta plc moved 0.6% higher to the €0.81 level, albeit on trivial volumes.

The ordinary shares of RS2 Software plc advanced by 3.5% to the €1.19 level on a single trade of 1,000 shares.

Simonds Farsons Cisk plc climbed 0.7% to the €6.85 level after failing to hold to an intraday high of €6.90 (+1.5%) across four trades totalling 2,100 shares.

BMIT Technologies plc went up by 2.2% to the €0.46 level on two deals totalling 5,000 shares.

MIDI plc was today’s best performing equity as it surged up by 22.5% to the €0.294 level on six trades totalling 38,000 shares.

Also within the property sector, AX Real Estate plc rose by 1.9% to the €0.54 level on a one deal of 5,000 shares.

Hili Properties plc trended 4.3% higher to the €0.24 level across two trades totalling 27,500 shares.

A single trade of 500 shares pushed the share price of MaltaPost plc up by 12.4% to the €1.09 level.

PG plc traded flat at the €2.08 level across two trades of 2,200 shares.

Main Street Complex plc traded for the first time in 12 weeks as it stayed at the €0.46 level on a one deal of 9,545 shares.

HSBC Bank Malta plc remained at the €0.71 level on muted volumes.   

The RF MGS Index snapped a 4-day losing streak as it advanced by 0.07% to 864.548 points, despite the continued increase in eurozone sovereign bond yields with the German 10-year bund yield reaching an over 11-year high of 2.52%. Indeed, the RF MGS Index lost 19.7% throughout 2022 reflecting the sharp increase in yields amid the shift to a tighter monetary policy by major central banks across the world. Meanwhile, preliminary data published today showed that Spain’s annual consumer price index for December slowed by more-than-expected to 5.8%. The figure is also lower than the 6.8% level registered in November.


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.