MSE Equity Price Index registers four-day positive streak

The MSE Equity Price Index rose by 0.54% to an over two-month high of 3,806.196 points as the gains in BOV, Computime, HSBC, and PG outweighed the declines in APS and FIMBank. Meanwhile, three other equities closed unchanged as today’s trading activity in local equities amounted to €0.37 million. Download today’s Equity Market Summary.

Bank of Valletta plc gained 1.7% to a three-month high of €1.78 over nineteen trades amounting to 93,512 shares. Since the start of the year, trading value in BOV shares surpassed the €2 million level, accounting for 35% of the total value traded in local equities.

Also in the banking sector, HSBC Bank Malta plc advanced by 1.4% to the €1.42 level across five deals amounting to 33,762 shares.

Computime Holdings plc increased by 2.3% to the €0.45 level on a single deal of 1,950 shares.

PG plc climbed by 2.8% to the €1.86 level on one trade of 6,052 shares.

On the other hand, APS Bank plc eased by 0.8% to the €0.62 on two deals amounting to 41,025 shares.

FIMBank plc slumped by 6.3% to a two-month low of USD0.15 level albeit over trivial volumes.

Meanwhile, Malta International Airport plc traded flat at the €6.25 level as 1,616 shares changed hands.

Main Street Complex plc closed unchanged at the €0.30 level across seven deals amounting to 259,989 shares.

Similarly, Plaza Centres plc held the €0.58 level across two deals totalling 50,000 shares.

The RF MGS Index rose for the fourth consecutive session as it increased by 0.11% to 918.131 points, the highest level since the middle of December 2024. Sovereign bond yields in the euro area and the US continued to fall with the US Treasury 10-year yield moving to a seven-week low of 4.45% and the German 10-year bund-yield touched a one-month low of 2.35%. Data released today showed that in the euro area the private sector economy grew slightly during January as expected. The higher than anticipated acceleration in Germany outweighed the larger than forecasted drop in France. Meanwhile in the US, the private sector economy growth during January slowed from the previous month, yet was still more than projected, as both the services and manufacturing sectors exceeded forecasts.

 

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.