Daily Review 03.10.2025

Mixed movements across ten equities

The MSE Equity Price Index fell by 0.28% to an eight-month low of 3,727.167 points as the declines in APS, HSBC and MIA outweighed the gains in GO, IHI and the ordinary shares of RS2. Meanwhile, four other equities closed unchanged as today’s trading activity amounted to €0.17 million. Download today’s Equity Market Summary.

APS Bank plc shed 1.0% to the €0.515 level over four trades amounting to 10,018 shares as the equity started trading without the entitlement for the proposed 3-for-11 rights issue, which has been set at €0.44 per new ordinary share. Any shares not subscribed by eligible shareholders will be offered to the general public through an intermediaries’ offer, also at a price of €0.44 per share. The publication of the prospectus and relative application forms are expected in the second half of October 2025.

Also in the banking sector, HSBC Bank Malta plc declined by 1.4% across three deals totalling 11,000 shares.

Malta International Airport plc fell by 2.5% to the €5.85 level across thirteen trades amounting to 9,958 shares.

On the other hand, the ordinary shares of RS2 plc gained 3.3% to the €0.31 level on two deals totalling 2,000 shares.

GO plc (+0.8%) and International Hotel Investments plc (+1.9%) rose to the €2.62 and €0.422 levels respectively albeit over trivial volumes.

Meanwhile, Bank of Valletta plc closed unchanged at the €1.88 level over eight deals totalling 27,722 shares. On Wednesday, BOV announced that the Board of Directors approved a draft base prospectus in respect of an Unsecured Euro Medium Term Bond Programme of up to €325 million and approved the filing of an application with the MFSA requesting admissibility to listing of the Programme. Subject to regulatory approval, BOV will be issuing the first series and tranche of bonds under the Programme consisting of up to €125 million 5% unsecured subordinated bonds maturing in 2030-2035.

Hili Properties plc traded flat at the €0.24 level as 49,598 shares changed hands.

Also in the property sector, AX Real Estate plc closed unchanged at the €0.30 level on two trades amounting to 39,000 shares.

Simonds Farsons Cisk plc held the €4.90 level on two trades amounting to 2,025 shares.

Today, Computime Holdings plc announced that its Board of Directors is scheduled to meet on Wednesday 8 October 2025 to consider the approval of an interim dividend to all shareholders as at close of trading on Monday 13 October 2025.

The RF MGS Index rose by 0.06% to 910.089 points as the euro area continues to show signs of declining inflation and subdued economic growth. Producer prices in August fell by 0.6% compared to a 0.2% gain in the previous month which was greater than the 0.4% reduction which was anticipated. The decline was driven by lower prices for energy as well as intermediate goods. Meanwhile, there was weaker than expected growth in the private sector economies of France and Germany mostly driven by slower than expected expansions of the services sectors.

 

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