Daily Review 04.02.2025

APS climbs to an over 1-year high

The MSE Equity Price Index increased for the third consecutive session as it rose by 0.16% to 3,785.946 points as the gains in APS, BMIT and Hili Properties outweighed the declines in BOV and PG. Meanwhile, seven other equities remained unchanged as today’s total trading value in local equities amounted to €0.27 million. Download today’s Equity Market Summary.

APS Bank plc surged by 4.2% to an over one-year high of €0.625 level across six deals totalling 25,105 shares.

BMIT Technologies plc surged by 6.3% to the €0.34 level albeit on a single deal of 1,000 shares.

Hili Properties plc moved 0.5% higher to the €0.194 level on one trade of 26,000 shares.

On the other hand, Bank of Valletta plc shed 0.6% to the €1.75 level across eight deals amounting to 60,194 shares.

PG plc fell by 0.5% to a one-month low of €1.81 level over three trades totalling 6,450 shares.

Meanwhile, HSBC Bank Malta plc traded flat at the €1.40 level as 20,150 shares changed hands. Today, HSBC announced that its Board of Directors is scheduled to meet on Wednesday 19 February 2025 to consider the approval of the audited financial statements for the financial year ended 31 December 2024. The Directors will also consider the declaration of a final dividend to be recommended to the Bank’s Annual General Meeting which will be held on Tuesday 13 May 2025.

GO plc held the €2.66 level on two trades amounting to 5,860 shares.

A single deal of 2,400 shares left the share price of MedservRegis plc unchanged at the €0.48 level.

Malta International Airport plc closed unchanged at the €6.25 level over ten trades amounting to 8,954 shares.

Malita Investments plc held the €0.50 level on a single deal of 3,000 shares.

The ordinary shares of RS2 plc traded flat at the €0.48 level across two trades amounting to 2,600 shares.

Plaza Centres plc closed unchanged at the €0.58 level over two deals totalling 51,250 shares.

The RF MGS Index rose by 0.11% to a fresh one-month high of 915.820 points as the US stated that it will pause tariffs on Mexico and Canada for the upcoming month. Meanwhile, data released today highlighted that the labour market in the US is not as resilient as anticipated, since the job openings in December fell to a two-month low of 7.6 million, compared to the 9.0 million which was anticipated. Furthermore, new orders for manufactured goods in the US declined by 0.9% month-over-month in December, which was the greatest monthly decline since last June and was larger than the expected contraction of 0.7%.

 

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.