MedservRegis rises to an 8-month high

The MSE Equity Price Index rose by 0.43% to 3,814.265 points as the gains in BMIT, BOV, HSBC, MIA, Santumas, and Medserv outweighed the declines in Lombard and FIMBank. Meanwhile, four other equities closed unchanged as today’s trading activity amounted to €0.34 million. Download today’s Equity Market Summary,

MedservRegis plc rose by 18.8% to an eight-month high of €0.53 across four trades totalling 73,330 shares. Today’s volume-weighted average price stood at €0.473 (+6%). Today, MedservRegis announced that it has been awarded a multi-million-dollar marine logistics base contract in Suriname through an international tendering process. The contract spans over four years with the majority of the scope of work scheduled to begin in mid-2026. The client is a leading multinational oilfield services and engineering contractor, which recently secured an Engineering, Procurement, Construction, and Installation offshore contract. Medserv stated that the contract is expected to be delivered through existing internal resources and will not require major capital expenditure.

BMIT Technologies plc surged by 9.2% to the €0.31 level over three deals amounting to 36,963 shares. Today, BMIT published the agenda of the Extraordinary General Meeting scheduled for Tuesday 30 September 2025. The proposed resolution seeks shareholder approval for the acquisition of 49,642,139 ordinary shares in the issued share capital of Malta Properties Company plc, which represent 49% of the total issued share capital of MPC, in line with the Share Purchase Agreement announced in July 2025. BMIT also published a Circular to Shareholders which provides further details regarding the proposed acquisition, including the anticipated benefits, potential risks, and the expected impact on the financial performance and position of BMIT.

Bank of Valletta plc moved 0.5% higher to the €1.91 level across twenty-six deals amounting to 104,800 shares.

Also in the banking sector, HSBC Bank Malta plc gained 1.5% to the €1.36 level on two trades totalling 3,803 shares.

Malta International Airport plc increased by 0.8% to the €5.95 level on two deals amounting to 642 shares.

Santumas Shareholdings plc gained 1.6% to the €1.25 level albeit over trivial volumes.

On the other hand, FIMBank plc plummeted by 16.1% to an almost two-month low of USD0.125 on two trades totalling 3,054 shares.

Also in the banking sector, Lombard Bank Malta plc shed 2.0% to the €0.72 level on muted activity.

Meanwhile, International Hotel Investments plc traded flat at the €0.45 level as 26,000 shares changed hands.

APS Bank plc closed unchanged at the €0.53 level over four deals amounting to 5,655 shares.

Hili Properties plc held the €0.24 level across three trades totalling 151,000 shares.

The Convenience Shop (Holding) plc closed unchanged at the €0.80 level over eight deals amounting to 38,200 shares.

The RF MGS Index extended yesterday’s gains as it rose by 0.15% to 908.765 points amid the anticipation of a weak US labour market report that could support monetary policy easing and the lowering of interest rates by the Federal Reserve. In fact, the report published later in the day showed that the unemployment rate rose to an almost four-year high 4.3%. Meanwhile, non-farm payrolls rose by only 22,000 in August compared to the 75,000 which was anticipated as new employments in healthcare and social assistance were offset by a decline in federal government jobs.

 

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.