MSE Equity Price Index climbs to a one-week high

The MSE Equity Price Index rose by 0.06% to a one-week high of 3,917.714 points as the gains in Mapfre Middlesea, PG and Malta Properties outweighed the declines in APS, BOV and MaltaPost. Meanwhile, six equities closed unchanged as today’s trading activity in local equities amounted to €0.14 million. Download today’s Equity Market Summary.

Mapfre Middlesea plc was today’s best performing equity as it surged by 9.2% to an almost two-year high of €1.55 across four deals amounting to 4,100 shares. The Board of Directors of Mapfre Middlesea is scheduled to meet on Tuesday 25 March 2025 to consider the approval of the financial statements for the financial year ended 31 December 2024. They will also consider the declaration of a dividend.

Malta Properties Company plc moved 1.2% higher to the €0.35 level on a single trade of 5,000 shares.

PG plc gained 1.1% to the €1.86 level across five deals totalling 15,000 shares.

On the other hand, APS Bank plc shed 1.6% to the €0.62 level across five trades amounting to 72,550 shares. The Board of Directors of APS is scheduled to meet on Thursday 13 March 2025 to consider the approval of the financial statements for the financial year ended 31 December 2024. They will also consider the declaration of a dividend, subject to regulatory approval

Also in the banking sector, Bank of Valletta plc moved 0.5% lower to the €1.93 level across five deals amounting to 7,156 shares.

MaltaPost plc slumped by 6.4% to the €0.412 level over eight trades totalling 40,582 shares.

Meanwhile, HSBC Bank Malta plc traded flat at the €1.57 level over four deals totalling 4,144 shares. The Board of Directors is recommending a final net dividend of €0.078 per share to be paid on 20 May 2025 to all shareholders as at close of trading on 9 April 2025 subject to approval by the Annual General Meeting scheduled for 13 May 2025.

International Hotel Investments plc closed unchanged at the €0.45 level over eight trades amounting to 24,650 shares.

Simonds Farsons Cisk plc held the €6.50 level on a single trade of 367 shares.

Malta International Airport plc closed unchanged at the €6.15 level on two trades totalling 520 shares. The Board of Directors is recommending a final net dividend of €0.12 per share to be paid by not later than Saturday 31 May 2025 to all shareholders as at the close of trading on Thursday 10 April 2025, subject to approval at the upcoming Annual General Meeting scheduled for Wednesday 14 May 2025.

A single deal of 3,509 shares left the share price of Lombard Bank Malta plc unchanged at the €0.755 level.

MIDI plc closed unchanged at the €0.23 level across three deals amounting to 15,000 shares.

The RF MGS Index fell by 0.19% to 914.974 points as yields in the euro area surged today following data released showing that inflation was more resilient than anticipated. In particular, the German 10-year bund yield rose by more than 10 basis points today reaching a two-week high, hovering above 2.5%. Inflation in the euro area during February fell to 2.4%, which was still higher than the 2.3% which was anticipated. Meanwhile core inflation in the euro area, excluding volatile food and energy prices fell to 2.6%, which was higher than anticipated 2.5%. Nonetheless the core inflation figure was still the lowest in over three years.

 

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.