Daily Review 05.05.2025
MSE Equity Price Index virtually unchanged amid thin volumes
The MSE Equity Price Index remained practically unchanged at 3,842.487 points as the gains in APS and Medserv were offset by the declines in BOV, Farsons and PG. Meanwhile, two equities closed unchanged as today’s trading activity was muted at just €70,500. Download today’s Equity Market Summary.
APS Bank plc surged by 3.7% to the €0.56 level on a single deal of 4,809 shares. APS Bank is holding its Annual General Meeting on Thursday 8 May 2025.
MedservRegis plc rose by 2.5% to the €0.41 level as 2,500 shares changed hands. Medserv shareholders as at the close of trading on Friday 9 May 2025 will be entitled for a final net dividend of €0.0142 per share, subject to shareholders’ approval at the upcoming Annual General Meeting scheduled for 29 May 2025.
On the other hand, Bank of Valletta plc shed 0.5% to the €1.94 level across three trades totalling 3,564 shares.
PG plc shed 0.5% to the €1.88 level on one trade of 13,300 shares.
Simonds Farsons Cisk plc decreased by 0.8% to the €6.10 level on two deals amounting to 736 shares.
Malta International Airport plc traded flat at the €5.95 level on two trades totalling 5,040 shares.
Malta Properties Company plc closed unchanged at the €0.36 level on two trades totalling 1,150 shares.
The RF MGS Index fell by 0.21% to 916.459 points as euro area sovereign bond yields moved higher with the German 10-year bund climbed to a three-week high of around 2.53%. Likewise in the US, US Treasury yields moved higher with the 10-year rebounding to the 4.35% level after touching a low of 4.20% last week. Economic data published today showed that the US services sector advanced ahead of expectations in April, supported by new orders and a drop in unemployment. Nonetheless, price pressures remained substantially impacted by the latest tariff developments.
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.