Five equities drag the local equity price index lower

The MSE Equity Price Index fell by 0.41% to 3,949.003 points as the declines in BOV, AX Real Estate, Lombard, MIA, and MaltaPost outweighed the gains in HSBC, MPC, PG, and RS2. Meanwhile, three other equities remained unchanged as today’s trading activity amounted to €0.19 million. Download today’s Equity Market Summary.

Bank of Valletta plc moved 1.9% lower to the €2.12 level across twelve trades totalling 61,108 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 in the banking sector, Lombard Bank Malta plc shed 0.6% to the €0.765 level on a single trade of 3,000 shares. Lombard is expected to publish its full-year results for 2024 on 16 April 2025.

Malta International Airport plc decreased by 0.8% to the €6.05 level across fourteen trades totalling 3,814 shares. 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.

MaltaPost plc slumped by 4.7% to the €0.41 level on a single deal of 10,604 shares.

AX Real Estate plc plummeted by 5.9% to the €0.386 level on a single deal of 5,000 shares.

On the other hand, HSBC Bank Malta plc moved 0.7% higher to the €1.52 level across three trades amounting to 6,556 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 0.6% to the €0.364 level over two trades amounting to 13,000 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.

PG plc surged by 3.2% to the €1.94 level over three trades amounting to 925 shares.

The ordinary shares of RS2 plc climbed 3.2% higher to the €0.39 level over five deals totalling 15,973 shares.

GO plc traded flat at the €2.60 level as 1,170 shares changed hands.

Plaza Centres plc held the €0.59 level on one deal of 3,057 shares.

VBL plc closed unchanged at the €0.188 level on two deals amounting to 2,100 shares.

Today, Grand Harbour Marina plc announced that its Board of Directors is scheduled to meet on Tuesday 15 April 2025 to consider the approval of the financial statements for the year ended 31 December 2024.

The RF MGS Index snapped a nine-day positive streak as it fell by 0.38% to 912.186 points amidst large volatility in euro area and US sovereign bond yields. Despite that the US has already rejected a bilateral tariff exemption with the EU, ECB vice president Louis De Guindos expressed that he is relatively optimistic that the EU can navigate trade tensions with the US. Moreover, he added that the tariffs have served as a wake-up call for the EU to become more autonomous from a military and economic perspective.

 

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.