Four equities lift MSE Equity Price Index higher

The MSE Equity Price Index increased by 0.22% to 3741.889 points as the gains in APS, MaltaPost, PG and the ordinary shares of RS2 outweighed the declines in AX Real Estate, BMIT, GO, MIDI, Malita, Quicno and the preference shares of RS2. Meanwhile, two other equities closed unchanged as today’s trading activity amounted to €0.15 million. Download today’s Equity Market Summary, 

APS Bank plc surged by 6.1% to the €0.488 level over five trades totalling 17,027 shares.

MaltaPost plc rose by 5.6% to the €0.412 level on two deals amounting to 9,237 shares.

PG plc moved 0.6% higher to the €1.76 level over trivial volumes.

The ordinary shares of RS2 plc gained 0.7% to the €0.302 level on a single deal of 1,125 shares.

On the other hand, AX Real Estate plc fell by 1.3% to the €0.30 level on two trades totalling 3,321 shares.

Also in the property sector, MIDI plc slumped by 5.6% to the €0.17 level as 40,000 shares changed hands.

Malita Investments plc shed 0.4% to the €0.446 level on one trade of 7,500 shares.

BMIT Technologies plc moved 2.7% lower to the €0.29 level on one deal of 937 shares.

GO plc decreased by 0.8% to the €2.54 level over six trades amounting to 25,696 shares.

Quinco Holdings plc moved 0.9% lower to the €1.07 level on two deals totalling 5,063 shares.

The preference shares of RS2 plc plummeted by 15.8% to the €0.32 level albeit on muted activity.

Meanwhile, Malta International Airport plc held the €5.85 level on a single trade of 520 shares.

Bank of Valletta plc closed unchanged at the €1.88 level over seven deals amounting to 24,886 shares.

Today, Main Street Complex plc announced that it had reached a lease agreement with a new tenant, Little Greens, which forms part of an established chain of supermarkets. Little Greens will operate an outlet on the ground floor as well as a café at the entrance to the building, together measuring around 400 square meters. Furthermore, 160 square meters of underground space were leased for storage purposes. Refurbishment works on the selected areas are expected to commence in April 2026, upon expiry of the leases of the retail units currently occupying the area.  The Little Greens outlet is anticipated to be completed and open to the public by late 2026. Moreover, the Company will also proceed with a complete renovation of Main Street Complex’s public areas.

The RF MGS Index remained relatively unchanged at 914.825 amid minimal changes across sovereign bond yields after the ECB’s decision to leave interest rates unchanged last week. Nonetheless, yield spreads between German and French government bonds, have been narrowing and the yield curve steepened, signalling increased confidence in the overall stability of the eurozone.

 

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.