Six equities push the MSE Equity Price Index higher

 

The MSE Equity Price Index rose by 0.41% to 3,749.446 points as the gains in six equities outweighed the declines in FIMBank, Quinco, Malita and IHI. Meanwhile, four other equities closed unchanged as today’s daily trading activity amounted to €0.22 million. Download today’s Equity Market Summary.

Harvest Technology plc surged by 12.9% to €0.70 level across thirteen trades amounting to 74,312 shares, albeit the weighted-average price of the day stood at €0.63 (+1.5%). Yesterday, Harvest announced that it will distribute a net interim dividend of €0.03 per share in line with last year. Shareholders as at close of today’s trading will be entitled to receive the dividend by not later than Friday 19 December 2025.

Bank of Valletta plc rose by 1.1% to the €1.92 level over six deals totalling 10,528 shares.

Also in the banking sector, APS Bank plc increased by 1.2% to the €0.50 level over trades amounting to 52,651 shares.

GO plc advanced by 0.8% to the €2.56 level on two deals totalling 4,600 shares.

A single deal of 1,505 shares pushed the share price of the ordinary shares of RS2 plc 14.7% higher to the €0.344 level.

Malta Properties Company plc gained 6.1% to the €0.35 level over three deals totalling 18,548 shares, with the vast majority of trading taking place at yesterday’s closing price of €0.33.

On the other hand, Quinco Holdings plc fell by 3.8% to the €1.00 level over four trades amounting to 7,221 shares.

FIMBank plc slumped by 5.6% to the USD0.17 level on a single deal of 200,000 shares.

International Hotel Investments plc decreased 2.3% to the €0.43 level over three trades amounting to 32,000 shares.

Malita Investments plc moved 1.1% lower to the €0.36 level over three deals totalling 32,000 shares.

HSBC Bank Malta plc held the €1.40 level over trivial volumes.

Malta International Airport plc traded flat at the €5.80 level as 2,130 shares changed hands.

MaltaPost plc closed unchanged at the €0.436 level on two trades totalling 90,001 shares. MaltaPost is expected to publish its full-year results for the financial year ended 30 September 2025 on 18 December.

PG plc held the €1.70 level on low volumes. PG is expected to publish its interim results on 19 December.

The RF MGS Index rose by 0.11% to 898.745 points. Yesterday the Federal Reserve opted to cut the federal funds for the third consecutive meeting by 25 basis points to a range of 3.50%-3.75%, which is the lowest since October 2022. Following the meeting,  the Fed Chair Jerome Powell cited a shift in the balance of risks, primarily noting the downside risks to employment due to a softening labour market, albeit still noting that inflation remains elevated. An additional rate cut is being priced in by the markets for 2026, which is also reflected in the Federal Reserve’s post meeting commentary. Moreover, the federal reserve revised its 2026 projections, with the expected real GDP growth for 2026 raised to 1.7% from 1.6% last September. However, the forecasted unemployment was increased to 4.5% from 4.3%, which would be the highest figure since October 2021. Meanwhile, the Personal Consumption Expenditures inflation forecast was revised lower to 2.4% from 2.6%.

 

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.