MSE Equity Price Index reaches 15-month high

 

The MSE Equity Price Index moved 0.34% higher to a 15-month high of 3,957.550 points as the gain in BOV outweighed the declines in HSBC and MPC. Meanwhile, five other equities closed unchanged as today’s trading activity in local equities totalled €0.29 million. Download today’s Equity Market Summary.

Bank of Valletta plc moved higher for the second consecutive session as it rose by 1.9% to a fresh seventeen year high of €2.14, across thirty-three deals totalling 103,573 shares. BOV’s share price climbed 24% since the start of the year. BOV’s Board of Directors is recommending a final net dividend of €0.0854 per share to be paid on 12 June 2025 to all shareholders as at close of trading on 25 April 2025 subject to regulatory approval and approval by the Annual General Meeting scheduled for 29 May 2025.

On the other hand, HSBC Bank Malta plc shed 1.3% to the €1.50 level across four trades totalling 16,428 shares. Shareholders as at close of trading on 9 April 2025 will be entitled to a final net dividend of €0.078 per share to be paid on 20 May 2025 to all subject to approval by the Annual General Meeting scheduled for 13 May 2025.

Malta Properties Company plc eased by 0.6% to the €0.354 level on two trades totalling 10,472 shares. Shareholders as at the close of trading on Thursday 24 April 2025 will be entitled to receive a final net dividend of €0.014 per share on Friday 30 May 2025.

Meanwhile, GO plc traded flat at the €2.70 level as 11,200 shares changed hands. GO is expected to publish its full-year results for 2024 on 16 April 2025.

MaltaPost plc held the €0.43 level on muted activity.

A single trade of 2,787 shares left the share price of PG plc unchanged at the €1.86 level.

VBL plc closed unchanged at the €0.188 level on a single deal of 2,500 shares.

The ordinary shares of RS2 plc held the €0.378 level on one trade of 10,000 shares. Today, RS2 announced that its Board of Directors is scheduled to meet on Wednesday 23 April 2025 to consider the approval of the financial statements for the year ended 31 December 2024.

The RF MGS Index increased for the seventh consecutive session to a fresh one-month high of 911.546 points amid recessionary concerns following yesterday’s US tariffs imposed on all imports into the country. Today, the minutes for the last March’s ECB monetary policy meeting were released which highlighted that tariffs would be a headwind for economic growth. However, there was uncertainty regarding expected impact of tariffs on inflation. Whilst in the short-term prices are anticipated to surge, economic stagnation could cause inflation to undershoot the inflation target of 2% in the medium term.

 

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.