Minimal trading across eight equities

The MSE Equity Price Index fell by 0.27% to 3,807.18 points as the declines in BOV and MaltaPost outweighed the gain in Farsons. Meanwhile, five equities closed unchanged as today’s trading activity amounted to just €0.09 million. Download today’s Equity Market Summary.

Bank of Valletta plc shed 1.1% to the €1.85 level across ten deals amounting to 15,410 shares.

MaltaPost plc fell by 3.9% to the €0.44 level over trivial volumes.

On the other hand, Simonds Farsons Cisk plc gained 0.8% to the €6.15 level across four trades amounting to 2,195 shares.

Meanwhile, Malta International Airport plc traded flat at the €5.95 level as 6,140 shares changed hands.

HSBC Bank Malta plc and APS Bank plc held the €1.36 and €0.57 levels respectively on muted activity.

GO plc held the €2.66 level across three trades amounting to 3,474 shares.

Malta Properties Company plc traded flat at the €0.30 level across three deals amounting to 5,575 shares.

The RF MGS Index rose by 0.06% to 917.913 points. A flash estimate from Eurostat showed that inflation in the euro area rose to the ECB’s target of 2.0% in June, up from 1.9% in the previous month, influenced by price increases in France and Spain which offset an unexpected decline in German prices. The price of services had the highest annual rate in June as they increased by 3.3% compared to 3.2% in the previous month. Meanwhile, the decline in energy prices softened to -2.7% compared to -3.7% in May. Meanwhile, core inflation remained unchanged at 2.3% in line with expectations. Elsewhere in the US, the number of job openings at the end of May amounted to 7.8 million which was above the 7.3 million which was anticipated, marking the highest figure since November 2024. The largest increases were in hospitality and food sectors, followed by the financial sector.

 

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.