Daily Review 09.05.2025

The MSE Equity Price Index fell by 0.35% to a fresh three-month low of 3,810.626 points as the declines in five equities outweighed the gain in HSBC. Meanwhile, three equities closed unchanged as today’s trading activity amounted to just €27,000, the lowest daily value traded since last December. Download today’s Equity Market Summary.

Malta International Airport plc moved 1.7% lower to the €5.75 level on muted activity and Malta Properties Company plc retreated by 1.7% to the €0.348 level over seven deals totalling 12,975 shares.

MedservRegis plc slumped by 2.4% to the €0.40 level on a single trade of 1,700 shares.

Similarly, Lombard Bank Malta plc shed 1.3% to the €0.75 level on a single deal of 1,572 shares.

LifeStar Insurance plc slumped by 50.2% to the €0.234 level over trivial volumes.

On the other hand, HSBC Bank Malta plc surged by 2.1% to the €1.43 level on negligible trading.

Meanwhile, Bank of Valletta plc closed unchanged at the €1.95 level on two deals totalling 5,439 shares. Yesterday, BOV published the agenda for the upcoming AGM which is scheduled to be held on 29 May 2025. One of the resolutions relates to a share buyback (non-cancellable) programme in which the directors are seeking authorisation to repurchase and acquire up to 2,800,000 shares at a price ranging from a minimum purchase price of €1.70 per share and a maximum of €2.80 per share.

Also, no changes in the share price of AX Real Estate plc as the equity held on to the €0.42 level on one trade of 2,000 shares.

Hili Properties plc traded flat at the €0.24 level across two deals totalling 35,000 shares.

The RF MGS Index fully reversed yesterday’s gains, falling by 0.46% to 914.637 points. During a speech yesterday, Federal Reserve governor Michael Barr stated that it is too soon to judge how the unprecedented tariffs will affect the economy since the exact level of tariffs is still unclear. Nonetheless, Mr Barr foresees that the tariffs could lead to increasing unemployment and slowing economic growth.

 

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.