BOV market cap reaches a record of €1.27 billion

The MSE Equity Price Index fell by 0.07% to 3,898.872 points as the declines in HSBC and the preference shares of RS2 outweighed the gains in BOV, MaltaPost and Santumas. Meanwhile, two other equities closed unchanged as today’s trading activity was muted at around €50,000. Download today’s Equity Market Summary.

Bank of Valletta plc increased by 1.0% to a nineteen-year high of €1.97 across five deals amounting to 7,198 shares. BOV shareholders as at close of trading on 13 August 2025 will receive a net interim dividend of €0.0556 per share on 2 September 2025.

MaltaPost plc surged by 5.2% to the €0.444 level on minimal activity.

Santumas Shareholdings plc rose by 2.5% to the €1.23 level across four trades amounting to 16,347 shares.

On the other hand, HSBC Bank Malta plc slumped by 3.2% to the €1.50 level over five deals totalling 1,132 shares. Shareholders as at close of trading on 18 August 2025 will receive a net interim dividend of €0.065 per share on 23 September 2025.

The preference shares of RS2 plc plummeted by 35.6% to an all-time low of €0.38, albeit over trivial volumes.

Meanwhile, Malta International Airport plc held the €6.00 level on one trade amounting to 425 shares. On Wednesday, MIA announced that passenger movements in July 2025 amounted to 1,035,341, representing an 8.8% increase compared to 951,861 movements recorded in July 2024. The airport operator also upgraded its forecasts for the current financial year including passenger movements to reach 9.7 million (previous forecast: 9.3 million), revenue of €151 million (previous forecast: €147 million), EBITDA of €93 million (previous forecast: €91 million) and net profit of €49 million (previous forecast: €48 million).

Hili Properties plc closed unchanged at the €0.24 level as 30,000 shares changed hands.

The RF MGS Index rose by 0.1% to 913.102 points reflecting growing expectations of interest rate cuts in the United States. The change in outlook stems from a policy trade-off between a weakening labour market and persistent inflation concerns. In this respect, President of the Federal Reserve Bank of San Francisco Mary Daly emphasised the need for the Fed to begin lowering interest rates to strike a balance between reducing inflation and preventing further increases in unemployment. Ms Daly noted that delaying rate cuts longer may not be possible and that the US could require more than two rate cuts this year. She also stressed the importance of carefully weighing the risks of waiting too long as opposed to acting prematurely. On the matter, it was stressed that prolonged inaction could potentially push the economy beyond a stage from which recovery would be difficult.

 

 

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.