BOV pushes MSE Equity Price Index higher

The MSE Equity Price Index rose by 0.35% to 3,823.933 points as the gain in BOV outweighed the decline in APS.  Meanwhile, five equities closed unchanged. Download today’s Equity Market Summary.

Bank of Valletta plc gained 1.5% to the €1.98 level across sixteen deals totalling 32,451 shares. Last week, BOV published the agenda for the upcoming AGM which is scheduled to be held on 29 May 2025. One of the resolutions relates to a share buyback (non-cancellable) programme in which the directors are seeking authorisation to repurchase and acquire up to 2,800,000 shares at a price ranging from a minimum purchase price of €1.70 per share and a maximum of €2.80 per share.

On the other hand, APS Bank plc shed 0.9% to the €0.555 level on a single deal of 3,003 shares.

Meanwhile, HSBC Bank Malta plc held the €1.43 level on one deal of 2,790 shares. HSBC is holding the Annual General Meeting tomorrow.

Malta International Airport plc closed unchanged at the €5.75 level over four deals totalling 3,000 shares.

PG plc traded flat at the €1.85 level as 10,425 shares changed hands.

The ordinary shares of RS2 plc held the €0.468 level on one deal of 1,068 shares.

MaltaPost plc held the €0.458 level on muted activity.

The RF MGS Index fell to a one-month low as it dropped by 0.23% to 912.550 points. Sovereign bond yields in the euro area and the US moved higher amid a notable increase in investor risk appetite across international markets following positive development in tariff negotiations. During the weekend, the US and China announced that there will be a ninety day pause on the recently imposed tariffs.