Substantial trading across Hili Properties shares

The MSE Equity Price Index fell by 0.47% to 3,812.191 points as the declines in APS, BOV, MPC, and VBL outweighed the gains in MIDI, Malita, and M&Z. Meanwhile, three other equities closed unchanged as today’s trading activity amounted to €0.50 million. Download today’s Equity Market Summary.

Hili Properties plc traded flat at the €0.24 level as 1,543,247 shares changed hands, having a market value of €0.37 million and accounting for around 75% of today’s trading value across local equities.

Malta International Airport plc closed unchanged at the €5.75 level on eight deals totalling 9,116 shares. Yesterday, MIA published the financial results for the first three months of 2025 and announced the traffic results for April. Revenues increased by 13.7% to €29.2 million while EBITDA surged by 14.1% to €16.9 million. Overall, MIA generated a net profit of €8.5 million in the first quarter of the year compared to €7.3 million in the comparable period in 2024. MIA stated that passenger movements in April 2025 amounted to a record 896,769, which is 15.8% above last year’s comparable figure. The seat load factor for April 2025 increased by 2.2 percentage points to 86.0% despite that the seat capacity rose by 12.8% when compared to last year. The passenger movements during the four-month period ended April 2025 amounted to 2.69 million, representing an increase of 14.6% over the corresponding period last year. MIA held its Annual General Meeting today, which approved all resolutions.

International Hotel Investments plc closed unchanged at the €0.45 level on two deals amounting to 1,001 shares.

Malta Properties Company plc fell by 3.0% to the €0.32 level on one trade of 7,000 shares.

A single trade of 997 shares pulled the share price of APS Bank plc 1.8% lower to the €0.545 level.

VBL plc slumped by 9.6% to the €0.17 level on two trades totalling 17,867 shares.

Bank of Valletta plc decreased by 1.5% to the €1.97 level across five deals totalling 4,037 shares.

On the other hand, MIDI plc surged by 4.2% to the €0.246 level across three deals totalling 4,000 shares.

Malita Investments plc gained 2.0% to the €0.50 level on two trades amounting to 33,300 shares.

M&Z plc gained 5.7% to the €0.56 level over thirteen trades amounting to 80,025 shares. Yesterday evening, M&Z plc published the agenda for the upcoming Annual General Meeting which is scheduled to be held on 4 June 2025. One of the resolutions relates to a share buyback programme in which the directors are seeking authorisation to acquire up to 1,000,000 shares at a price ranging from a minimum purchase price of €0.45 per share and a maximum of €0.65 per share. The shareholders’ circular explained that the authorisation will be granted until the AGM to be held in 2026 or for a period of 18 months. The acquisition of shares will take place exclusively on the Malta Stock Exchange.

Yesterday, Grand Harbour Marina plc announced that its Board of Directors is scheduled to meet on Tuesday 20 May 2025 to consider the declaration of a dividend.

The RF MGS Index fell for the fourth consecutive session as it eased by a further 0.06% to a fresh one-month low of 910.312 points. Data released today showed that inflation in Germany during April fell to 2.2% as anticipated, which is the lowest figure in the last six months. The decline was driven by falling energy prices which outweighed upward pressures by food prices. Nonetheless, core inflation rose to 2.9% from 2.6% in the previous month driven by underlying price pressures in the services sector, which accelerated to 3.9% from 3.5% in the previous month.

 

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.