Lacklustre trading across 11 equities

The MSE Equity Price Index fell by 0.09% to 3,803.632 points as the declines in Medserv and Malita outweighed the gains in Plaza and MaltaPost. Meanwhile, seven equities closed unchanged as today’s trading activity amounted to just €0.08 million. Download today’s Equity Market Summary.

Bank of Valletta plc closed unchanged at the €1.85 level across twenty deals amounting to 27,179 shares.

Also among the large companies by market value, Malta International Airport plc held the €5.95 level over five trades totalling 2,629 shares.

The ordinary shares of RS2 plc stayed at the €0.35 level on two trades amounting to 10,000 shares.

Malta Properties Company plc (3,000 shares) and Main Street Complex plc (1,533 shares) traded flat at the €0.30 and €0.24 levels respectively.

AX Real Estate plc held the €0.34 level on one deal of 1,470 shares.

APS Bank plc remained unchanged at the €0.57 level on muted activity.

Malita Investments plc shed 1.2% to the €0.48 level over two trades totalling 14,840

MedservRegis plc slumped by 8.9% to the €0.41 level on a single deal 4,000 shares.

In contrast, Plaza Centres plc surged by 3.2% to a one-year high of €0.64 on a single trade of 1,290 shares.

MaltaPost plc moved 1.8% higher to the €0.448 level over three deals amounting to 3,300 shares.

The RF MGS Index fell by 0.21% to 916.008 points. Today, the Director of the IMF Alfred Kramer stated that the ECB should not reduce its deposit rate facility any further unless there are material changes to the inflation outlook, noting that risks around inflation are two sided. Notably, the IMF anticipates higher inflation figures than the ECB over the upcoming year, partly due to diverging opinions on energy prices. Whilst the IMF expects inflation to remain at 1.9% over the next year, the ECB forecasts that inflation will bottom out at 1.4% at the start of 2026.

 

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.