BOV and Lombard pull the MSE Equity Price Index lower

The MSE Equity Price Index fell by 0.1% to 3,764.619 points as the declines in BOV and Lombard outweighed the gains in GHM, MIA, and the ordinary shares of RS2. Meanwhile, four equities closed unchanged as today’s total activity in local equities amounted to €0.15 million. Download today’s Equity Market Summary.

Bank of Valletta plc shed 0.5% to the €1.99 level across ten deals totalling 25,745 shares.

Also in the banking sector, Lombard Bank Malta plc slumped by 4.0% to the €0.72 level on two deals totalling 7,900 shares. Lombard will be holding its Annual General Meeting on Wednesday 25 June.

On the other hand, Grand Harbour Marina plc gained 1.0% to the €1.00 level over four trades amounting to 3,400 shares. GHM shareholders as at close of trading on 11 June 2025 will be entitled to a gross interim dividend of €0.039775 per share, payable on 20 June 2025.

Malta International Airport plc increased by 0.8% to the €6.00 level across four deals amounting to 2,790 shares. Today, MIA announced that its share buyback programme of up to 1.353 million shares commenced on Monday 2 June. Last week, MIA bought 3,381 shares for a total consideration of €20,148, which translates into an average purchase price of €5.96.

The ordinary shares of RS2 plc moved 2.6% higher to the €0.40 level as 9,518 shares changed hands. RS2 is holding its AGM on Tuesday 24 June.

Meanwhile, Hili Properties plc stayed at the €0.24 level over four trades totalling 104,500 shares.

International Hotel Investments plc held the €0.43 level on a single deal of 1,100 shares. IHI is holding its AGM tomorrow.

Simonds Farsons Cisk plc traded flat at the €6.30 level as 4,500 shares changed hands. Farsons is holding its AGM on Thursday 26 June.

Plaza Centres plc held the €0.62 level on a single trade of 28,865 shares. Plaza is holding its AGM on Wednesday 18 June.

The RF MGS Index increased by 0.10% to 918.290 points as global economic concerns eased following encouraging data emerging from the US labour market, with unemployment remaining stable in May at 4.2%. In fact, for the past twelve months, unemployment in the US remained within a narrow range between 4.0% and 4.2%, in spite of an eventful year with turbulent macroeconomic and geopolitical conditions. Nonetheless, there were moderate signs of a slowdown in employment conditions as only 139,000 new jobs were added in May compared to an average monthly increase of 160,000 in the past twelve months.

 

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.