MIA surpasses the 2024 annual movements in 11 months

The MSE Equity Price Index fell by 0.37% to 3,735.685 points as the declines in APS, BOV, Harvest, Malita, PG and the preference shares of RS2 outweighed the gains in HSBC and VBL. Meanwhile, three other equities closed unchanged as today’s daily trading activity was muted at just €0.07 million. Download today’s Equity Market Summary.

Malta International Airport plc traded flat at the €5.80 level as 964 shares changed hands. Following the close of trading, MIA announced that passenger movements in November 2025 amounted to 734,791 which is 16.5% higher than the movements of 630,637 recorded in November 2024. This was the first time that passenger movements surpassed the 700,000 level in the month of November. Passenger movements during the eleven-month period ended November 2025 amounted to 9.35 million, reflecting an increase of 11.8% over the corresponding period last year. As a result, MIA already surpassed the 2024 annual passenger movements of 8.96 million.

Lombard Bank Malta plc held the €0.64 level over trivial volumes.

Quinco Holdings plc closed unchanged at the €1.00 level on two deals totalling 4,316 shares.

Meanwhile, APS Bank plc shed 2.0% to the €0.49 level over nine deals totalling 5,715 shares.

Also in the banking sector, Bank of Valletta plc fell by 1.0% to the €1.90 level over eight trades amounting to 23,021 shares.

Harvest Technology plc slumped by 7.1% to €0.65 level on a single deal of 5,150 shares as the equity started trading without the entitlement for the net interim dividend of €0.03 per share.

The preference shares of RS2 plc slumped by 14.3% to the €0.30 level on low volumes.

PG plc declined by 0.6% to the €1.69 level as 1,000 shares changed hands.

Malita Investments plc decreased by 2.2% to the €0.352 level on one deal of 8,666 shares.

On the other hand, VBL plc surged by 3.3% to the €0.186 level albeit on just a single trade of 3,000 shares.

HSBC Bank Malta plc gained 0.7% to the €1.41 level on one deal of 4,115 shares.

The RF MGS Index rose by 0.11% to 899.745 points. Ahead of the ECB’s rate decision next week, the market is expecting rates to be kept on hold for a fourth consecutive meeting, supported by comments from several policymakers and stronger-than-expected economic data. The unemployment rate remains close to historical lows, and Q3 GDP growth was revised up from 0.2% to 0.3% quarter-on-quarter. ECB President Christine Lagarde recently signalled that rate setters are likely to raise their eurozone growth forecasts, while ECB Executive Board member Isabel Schnabel remarked that the next policy move may be a rate hike rather than a cut, but not in the near future.

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.