MSE Equity Price Index snaps 3-day positive streak

The MSE Equity Price Index fell by 0.16% to 3,965.368 points as the declines in GO, Harvest, and Malita outweighed the gains in HSBC and Malta Properties. Meanwhile, four other equities closed unchanged as today’s trading activity in local equities totalled €0.12 million. Download today’s Equity Market Summary.

GO plc dropped by 3.7% to the €2.60 across seven deals totalling 6,727 shares. GO is expected to publish its full-year results for 2024 on 16 April 2025.

Harvest Technologies plc moved 0.5% lower to the €0.915 level on a single deal of 3,000 shares.

Malita Investments plc fell by 1.6% to the €0.492 level on two trades totalling 6,250 shares.

On the other hand, HSBC Bank Malta plc moved 0.7% higher to the €1.51 level on a single trade of 1,000 shares. Shareholders as at close of trading on 9 April 2025 will be entitled to a final net dividend of €0.078 per share to be paid on 20 May 2025 to all subject to approval by the Annual General Meeting scheduled for 13 May 2025.

Malta Properties Companies plc advanced by 2.3% to the €0.362 level over four trades amounting to 21,759 shares. Shareholders as at the close of trading on Thursday 24 April will be entitled to receive a final net dividend of €0.014 per share on Friday 30 May 2025.

Meanwhile, Bank of Valletta plc once again dominated the day’s trading activity as it closed unchanged at the €2.16 level over twenty-two delas totalling 44,828 shares. BOV’s Board of Directors is recommending a final net dividend of €0.0854 per share to be paid on 12 June 2025 to all shareholders as at close of trading on 25 April subject to regulatory approval and approval by the Annual General Meeting scheduled for 29 May 2025.

Also among large equities by market value, Malta International Airport plc closed unchanged at the €6.10 level on muted activity. Shareholders as at close of trading on 10 April 2025 will be entitled to a final net dividend of €0.012 per share to be paid by 31 May 2025 to all subject to approval by the Annual General Meeting scheduled for 14 May 2025.

International Hotel Investments plc closed unchanged at the €0.43 level over three deals totalling 14,057 shares.

MaltaPost plc closed unchanged at the €0.43 level across two trades amounting to 4,544 shares.

The RF MGS Index increased for the ninth consecutive session to a fresh one-month high of 915.663 points amidst continued uncertainty and volatility in international market as well as recession concerns. A number of ECB policy makers including Francois Villeroy de Galhau, Pierro Cipollone, and Yannis Stournaras all spoke in favour of policy easing to stimulate the economy. Following the latest developments, a 25 basis point rate cut is being anticipated by various analysts for each of the next two ECB monetary policy meetings.

 

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.