Muted trading across local equities

The MSE Equity Price Index fell by 0.22% to 3,775.268 points as the declines in APS, BMIT, GO and the ordinary shares of RS2 outweighed the gains in BOV and VBL. Meanwhile two other equities closed unchanged as today’s trading in local equities was subdued at under €50,000. Download today’s Equity Market Summary.

APS Bank plc slumped by 5.3% to the €0.54 level on two deals amounting to 10,757 shares. Yesterday, APS announced that its Board of Directors is scheduled to meet on Thursday 31 July 2025 to consider the approval of the interim financial results covering the six-month period ended 30 June 2025. The Directors will also consider the declaration of an interim dividend, subject to regulatory approval.

GO plc moved 2.2% lower to the €2.64 level across three trades amounting to 890 shares.

GO’s digital infrastructure and IT services subsidiary BMIT Technologies plc plummeted by 4.7% to an all-time low of €0.284 on a single deal of 15,000 shares.

The ordinary shares of RS2 plc shed 2.9% to the €0.34 level over three trades amounting to 34,000 shares.

On the other hand, Bank of Valletta plc moved 1.1% higher to the €1.84 level across six trades amounting to 7,866 shares.

VBL plc gained 0.5% to the €0.189 level on two deals totalling 20,000 shares.

Meanwhile, Malta International Airport plc held the €5.95 level as 1,000 shares changed hands. Yesterday, MIA stated that its share buy-back programme will be suspended with immediate effect and will remain suspended until the announcement of the company’s next interim results.

Computime Holdings plc closed unchanged at the €0.45 level on one trade of 3,000 shares.

The RF MGS Index fell by 0.34% to 914.206 points. Eurozone sovereign bond yields continued to move higher with the German 10-year, and 15-year bunds yields reaching two-month highs of 2.65% and 3.00% respectively. Following yesterday’s tariff delay to 1 August, the US also announced new tariffs for fourteen countries that have yet to finalise trade deals with the US. Furthermore, the US and the EU are eyeing a deal which would avoid additional tariffs and therefore only the 10% base tariff would be left in place. Nonetheless, the agreement is still pending the approval of the US president.

 

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