Five equities pull the MSE Equity Price Index lower

The MSE Equity Price Index fell by 0.35% to 3,785.711 points as the declines in APS, HSBC, IHI, GO, and VBL outweighed the gains in Trident and AX Real Estate. Meanwhile, five other equities closed unchanged as today’s trading activity amounted to €0.11 million. Download today’s Equity Market Summary.

APS Bank plc slumped 7.3% to the €0.46 level over five deals totalling 21,863 shares.

Also in the banking sector, HSBC Bank Malta plc moved 0.7% lower to the €1.41 level over three deals totalling 4,709 shares.

GO plc fell by 0.8% to the €2.50 level across six trades amounting to 8,944 shares.

International Hotel Investments plc decreased by 0.5% to the €0.438 level on two trades totalling 6,470 shares.

VBL plc shed 2.8% to the €0.175 level on a single deal of 10,899 shares.

On the other hand, AX Real Estate plc closed the session at the €0.38 level although the majority of the shares changed hands at the previous closing price of €0.30. A total of 41,700 shares changed hands.

Also in the property sector, Trident Estates plc gained 3.9% to the €1.06 level over four deals amounting to 7,800 shares. Nonetheless, the today’s volume-weighted average price was €1.01 (-1%).

Meanwhile, BMIT Technologies plc held the €0.298 level on a single trade of 10,970 shares.

Bank of Valletta plc closed unchanged at the €1.90 level over seven deals amounting to 12,347 shares.

Malta International Airport plc closed unchanged at the €5.85 level over three trades totalling 1,905 shares.

Malta Properties Company plc closed unchanged at the €0.328 level on muted activity.

A single trade of 5,000 shares left the share price of PG plc unchanged at the €1.76 level.

The RF MGS Index declined slightly by 0.06% to 915.058 points. Retail trade volume in the euro area rose by 1% in September compared to a year earlier, driven by higher sales of food, drinks, tobacco, and non-food products, which offset a decline in automotive fuel sales.

 

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.