Substantial activity across BOV shares

The MSE Equity Price Index advanced by 0.47% to 3,782.476 points reflecting the gains in HSBC, Malita, and the ordinary shares of RS2. Meanwhile, five other equities closed unchanged. Download today’s Equity Market Summary.

The vast majority of today’s trading activity was across the shares of Bank of Valletta plc as it closed unchanged at the €1.84 level across 32 deals totalling 197,891 shares having a market value of €0.36 million. Today, BOV announced that it received of a notification of major holdings from UniCredit SpA that on 10 July 2025, the proportion of ordinary shares and corresponding voting rights held by UniCredit SpA in the company was reduced from 10.2% to 5.21%. BOV noted that this transaction will result in the further diversification of its shareholder base.

Also in the banking sector, APS Bank plc traded flat at the €0.54 level across the deals totalling 13,958 shares.

FIMBank plc held the USD0.125 level on a single trade of 5,372 shares.

Hili Properties plc stayed at the €0.24 level on one deal of 44,500 shares.

Malta International Airport plc remained at the €5.95 level on muted activity. Last week, MIA announced that passenger movements during June 2025 amounted to 923,374, which is 7.5% higher than the comparable figure of 858,738 registered last year. The passenger movements during the first half of 2025 amounted to 4.54 million, representing an increase of 11.7% over the corresponding period last year.

HSBC Bank Malta plc increased by 3.7% to the €1.40 level across five deals totalling 11,294 shares. The Board of Directors is scheduled to meet on Wednesday 30 July 2025 to consider the approval of the interim financial statements for the six-month period ended 30 June 2025. The Directors will also consider the declaration of an interim dividend.

Malita Investments plc climbed by 0.4% to the €0.482 level as 2,000 shares changed hands.

The ordinary shares of RS2 plc advanced by 3% to the €0.34 level, albeit on trivial volumes.

The RF MGS Index fell by a further 0.10% to a 2-month low of 911.376 points as the euro area sovereign bond yields continued to increase with the German 10-year bund yield reaching a fresh 3-month high of 2.73%. On Friday evening, US President Donald Trump informed the President of the European Commission Ursula von der Leyen that the US will charge a tariff of 30% as from 1 August 2025 for EU products sent into the US, separate from all sectoral tariffs. Meanwhile, the US President highlighted that there will be no tariffs when European companies build or manufacture products within the US. Meanwhile, the US will also be charging a 30% tariff to Mexican products.

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.