Robust trading activity in MIA

The MSE Equity Price Index declined by 0.1% to 3,925.97 points as a decline in HSBC outweighed increases in BMIT, MIA and Trident. Meanwhile, eight other equities closed unchanged as today’s trading activity on the main market amounted to €0.68 million. Download today’s Equity Market Summary. 

Malta International Airport plc gained 0.8% to the €6.05 level across seven trades amounting to 81,678 shares having a market value of €0.49 million. Following the close of yesterday’s trading, 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.

BMIT Technologies plc moved 0.7% higher to the €0.30 level as 36,525 shares changed hands across four deals. Yesterday, 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 per share of €0.0183, which 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.

Trident Estates plc rose by 4% to the €1.05 level across four deals totalling 35,000 shares.

Conversely, HSBC Bank Malta plc shed 2% to the €1.44 level across two trades totalling 20,774 shares.

In the banking sector, Bank of Valletta plc (41,830 shares), APS Bank plc (21,815 shares), and Lombard Bank Malta plc (9,350 shares) all closed unchanged at the €2.10, €0.52, and €0.70 levels respectively. APS Bank will publish its 2025 results tomorrow.

Simonds Farsons Cisk plc (1,000 shares) and Hili Properties plc (7,500 shares) both traded flat at the €5.45 and €0.27 levels respectively.

GO plc closed unchanged at the €2.52 level as 921 shares changed hands.

International Hotel Investments plc (€0.43) and Mapfre Middlesea plc (€1.33) both remained unchanged over lacklustre trading.

The RF MGS Index fell by 0.35% to 901.5 points as global bond yields reversed some of yesterday’s decline. ECB President Christine Lagarde stated that the central bank remains ready to take all necessary measures to keep inflation under control amid ongoing energy price pressures. In this context, European natural gas futures climbed back above €50/MWh, which is more than 60% higher than the price of early March, driven by concerns over supply disruptions after LNG shipments from the Persian Gulf were halted. This forced EU policymakers to start considering subsidies or capping natural gas prices in order to reduce the cost impact on consumers and businesses. In the US, the annual inflation rate remained unchanged at 2.4% in February, in line with expectations. Core inflation, which excludes food and energy, also held steady at 2.5%.