BOV falls to 3-week low

The MSE Equity Price Index fell by 0.83% to 3,783.057 points as the declines in BOV, GO, IHI, and Malita outweighed the gain in MaltaPost. Meanwhile, four other equities closed unchanged as today’s trading activity was muted at under €50,000. Download today’s Equity Market Summary.

Bank of Valletta plc shed 2.1% to the €1.83 level across eleven deals amounting to 12,954 shares, reaching the lowest level since 11 June.

GO plc eased by 0.8% to the €2.64 level on one deal of 400 shares.

Malita Investments plc slumped by 3.6% to the €0.482 level on a single trade of 5,000 shares.

International Hotel Investments plc decreased by 2.2% to the €0.45 level on one deal of 2,500 shares.

On the other hand, MaltaPost plc gained 1.8% to the €0.448 level across two trades amounting to 5,482 shares.

Meanwhile, APS Bank plc and Simonds Farsons Cisk plc held the €0.57 and €6.15 levels respectively on muted activity.

Hili Properties plc closed unchanged at the €0.24 level on two deals totalling 19,000 shares.

Malta International Airport plc traded flat at the €5.95 level as 924 shares changed hands.

The RF MGS Index rose by 0.30% to 918.549 points. Euro area producer prices increased by 0.3% in May when compared to a year earlier, which is lower than the 0.7% growth observed in the previous month. Elsewhere, Belgian ECB Board Member Pierre Wunsch stated that the decline in energy prices is likely to continue to tame inflation. In this respect, he highlighted how the strengthening euro and the subdued economic growth prospects are lowering the prices of fuels.

Today, the Treasury Department announced the issue of two new Malta Government Stocks for an aggregate nominal amount of €250 million subject to an over-allotment option of up to a further €150 million. The 2 new fixed-rate stocks are the 3.40% MGS 2035 (IV) and the 3.80% MGS 2040 (II). The prices of these two new MGSs will be announced on Thursday 10 July 2025. Subscriptions for the General Public open on Monday 14 July 2025 and close on Wednesday 16 July 2025. On the other hand, tenders in the form of sealed bids will open on Friday 18 July 2025 and close on the same day at 12:00 hrs (noon) – or earlier at the discretion of the Accountant General.

 

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.