Minimal changes across local equities

The MSE Equity Price Index remained practically unchanged at 3,796.660 points as the gains in BOV and the ordinary shares of RS2 outweighed the declines APS, HSBC, BMIT and MaltaPost. Meanwhile, seven other equities closed unchanged as today’s trading activity amounted to €0.15 million. Download today’s Equity Market Summary.

Bank of Valletta plc moved 0.5% higher to the €1.90 level across thirteen trades totalling 21,000 shares.

The ordinary shares of RS2 plc advanced by 5.7% to the €0.37 level on muted activity.

On the other hand, APS Bank plc shed 0.9% to the €0.525 level across twelve deals amounting to 108,848 shares.

HSBC Bank Malta plc eased by 0.8% to the €1.32 level over four trades totalling 7,793 shares.

BMIT Technologies plc slumped by 5.5% to the €0.31 level on a single deal of 9,900 shares.

MaltaPost plc decreased by 1.3% to the €0.44 level over three trades totalling 15,408 shares.  

Meanwhile, Malta International Airport plc held the €6.00 level on low volumes. Yesterday, MIA announced that passenger movements in August 2025 amounted to 1,072,390, which is 9.1% higher than the movements of 983,182 recorded in August 2024. The August 2025 figure marks the highest amount of monthly passenger movements ever handled by the airport operator.

GO plc (786 shares) and Hili Properties plc (50,000 shares) remained unchanged at the €2.70 and 0.24 levels respectively.

International Hotel Investments plc closed unchanged at the €0.45 level over four deals totalling 9,827 shares.

Malita Investments plc traded flat at the €0.45 level as 10,000 shares changed hands.

Also in the property sector, Malta Properties Company plc closed unchanged at the €0.32 level over three deals totalling 20,500 shares.

PG plc held the €1.83 level on a single deal of 2,750 shares.

The RF MGS Index eased by 0.03% to 911.407 points. Today, the ECB left its interest rates unchanged in line with expectations, with the deposit rate facility at 2.0%. The ECB stated that the direction of its future policy decisions will be influenced by a multitude of factors including US trade tariffs, the condition of the US labour market, political developments in France, as well as Germany’s capital expenditure program. The ECB also left its euro area inflation projections unchanged at 2.1% for 2025, 1.7% for 2026 and 1.9% for 2027. Meanwhile, the economic growth forecast for 2025 was revised upwards to 1.2% from 0.9%, whilst the economic growth expected for 2026 was lowered to 1.0% from 1.1%. Meanwhile, the 2027 growth projection was left unchanged at 1.0%.

Elsewhere in the US, headline inflation in August rose to 2.9%, which was the highest level since last January. The increase in prices was notably influenced by energy costs which have increased for the first time in seven months. Meanwhile, core inflation remained unchanged at 3.1% as anticipated.

 

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.