RS2 share price drops to multi-year low of €0.35

The MSE Equity Price Index moved 0.04% lower to 3,928.488 points as the declines in six equities outweighed the gains in IHI, MIA, MaltaPost, and Farsons. Meanwhile, five other equities closed unchanged as today’s trading activity in local equities amounted to around €0.30 million. Download today’s Equity Market Summary.

The ordinary shares of RS2 plc shed dropped by 10.3% to the €0.35 level, the lowest since September 2013 as 17,000 shares changed hands.

HSBC Bank Malta plc fell by 1.3% to the €1.52 level across four deals totalling 10,112 shares.

Also in the banking sector, Lombard Bank plc declined by 1.3% to the €0.76 level over a single trade of 14,552 shares. Lombard will publish its 2024 annual results on 16 April 2025.

A single trade of 10,000 shares pulled the share price of BMIT Technologies plc 0.6% to the €0.348 level.

Malita Investments plc eased by 0.4% to the €0.498 level on one deal of 4,000 shares.

Mapfre Middlesea plc fell by 0.6% to the €1.59 level on muted activity.

Bank of Valletta plc was today’s most actively traded equity as the share price held the €2.08 level across 20 trades amounting to 102,801 shares. Since the start of the year, more than €5 million worth of BOV shares changed hands.

APS Bank plc and The Convenience Shop (Holding) plc held the €0.60 and €0.95 levels respectively on trivial volumes.

MIDI plc closed unchanged at the €0.246 level after recovering from an intraday low of €0.202 (-17.9%) across three deals amounting to 10,227 shares. MIDI’s Board of Directors is scheduled to meet on Tuesday 29 April 2025 to consider the approval of the financial statements for the year ended 31 December 2024. The Directors will also consider the declaration of a dividend.

VBL plc traded flat at the €0.188 level across 15,425 shares.

MaltaPost plc rebounded by 4.9% to the €0.43 level across four deals totalling 19,684 shares.

Simonds Farsons Cisk plc advanced by 2.5% to the €6.25 level on two trades totalling 1,215 shares.

Malta International Airport plc climbed 0.8% higher to the €6.10 level as 1,595 shares changed hands.

International Hotel Investments plc increased by 2.4% to the €0.43 level across seven deals totalling 31,295 shares.

The RF MGS Index rose by a further 0.07% to 908.756 points. An estimate by Eurostat showed that the eurozone inflation is expected to drop to 2.2% in March, in line with expectations but below the 2.3% figure for February. The core inflation also moved lower to 2.4% compared to 2.6% in the previous month. Nonetheless, further volatility in inflation is expected following the new US trade tariffs that come into effect as from tomorrow.

 

 

This report contains only public information and is not to be construed as investment advice or an offer to buy or sell 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.