MIA passenger movements surge by 17.4% in February

The MSE Equity Price Index increased by 0.1% to 3,929.8 points as gains in Santumas, BMIT, APS and HSBC outweighed a decline in Mapfre. Meanwhile, seven other equities closed unchanged as today’s trading activity on the main market amounted to €0.34 million. Download today’s Equity Market Summary.

Malta International Airport plc remained unchanged at the €6.00 level as 21,717 shares changed hands across 17 deals. Today, MIA announced that in February 2026 passenger movements reached a new record for February and amounted to 658,328 passenger movements, which is 17.4% higher than the previous record registered in February 2025. Furthermore, the seat load factor also increased to 81.6% compared to 80.5% in February 2025, notwithstanding the 12.1% increase in aircraft movements when compared to the same month last year. MIA also published its flight schedule for the upcoming summer season which introduces new routes and increased frequencies to key markets. In particular, Delta Air Lines will become the first American carrier to operate direct flights to Malta, with three direct flights per week between June and October to New York City. Northern Europe will also benefit from improved links and additional routes were also added across the Mediterranean region.

International Hotel Investments plc closed unchanged at the €0.43 level as 13,500 shares changed hands. Yesterday, the company announced the opening of the 5‑star ultra‑luxury Corinthia Rome, following a comprehensive restoration of the property. A subsidiary of IHI will assume a long-term lease of the Rome property, with management entrusted to a separate IHI subsidiary, namely Corinthia Hotels Limited.

Bank of Valletta plc closed unchanged at the €2.10 level across 13 trades amounting to 64,904 shares, although the weighted average price for the day was €2.07 (-1.4%).

Similarly, MaltaPost plc (4,256 shares) and GO plc (590 shares) closed unchanged at the €0.424 and €2.52 levels respectively over lacklustre trading.

Hili Properties plc (24,000 shares) and Simonds Farsons Cisk plc (115 shares) both traded flat at the €0.27 and €5.45 levels respectively.

BMIT Technologies plc gained 6.4% to the €0.298 level across eleven trades amounting to 103,808 shares. Today, BMIT published its 2025 full-year results. Revenues increased by 8.7% to a record €36.5 million, but EBITDA fell by 5.6% to €12.0 million and operating profit fell by 9.2% to €8.2 million. BMIT reported a pre-tax profit of €6.3 million (-12.4%) and a net profit of €3.5 million (-16.8%). The Directors of BMIT are recommending the payment of a net dividend of €4.0 million, which is unchanged in absolute terms from last year. The net dividend per share amounts to €0.0183 which is 3.3% lower than the previous year, reflecting the impact of the additional outstanding shares due to the scrip issue in July 2025. The dividend will be payable to all shareholders as at close of trading on Wednesday 15 April 2026, who will have the option to receive the dividend either in cash or in new ordinary shares at an attribution price of €0.27 per share.

Santumas Shareholding plc increased by 10% to the €1.10 level over a single deal of 6,000 shares.

APS Bank plc moved 1% higher to the €0.52 level across three trades totalling 10,656 shares.

Also in the banking sector, HSBC Bank Malta plc edged 0.7% higher to the €1.47 level over a single deal of 4,116 shares.

PG plc rose by 0.6% to the €1.64 level as 4,720 shares changed hands across four trades.

Today’s only negatively performing equity was Mapfre Middlesea plc as it shed 4.3% to the €1.33 level over six deals totalling 6,631 shares, and the weighted average price for the day was €1.28 (-7.7%).

The RF MGS Index rose by 0.82% to 904.637 points amid hopes that an end to the Middle East conflict would ease inflationary pressures. US President Trump said that the military operation in Iran could conclude soon, which led to a sharp retreat in oil prices, with WTI crude oil futures falling below USD90 per barrel after surging to nearly USD120 yesterday.

 

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.