Varied movements across ten equities

The MSE Equity Price Index remained virtually unchanged at 3,813.817 points as the gains in MIA, Malita and FIMBank were offset by the declines in BOV, Harvest and MaltaPost. Meanwhile, four other equities closed unchanged as today’s trading activity amounted to €0.18 million. Download today’s Equity Market Summary.

Malta International Airport plc advanced by 2.6% to the €5.95 level over five deals amounting to 10,920 shares. Last Tuesday, 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.

Malita Investments plc increased by 0.4% to €0.462 on a single trade of 3,000 shares.

FIMBank plc rebounded from yesterday’s sharp drop as it climbed 20% to USD0.144 across six deals amounting to 44,000 shares.

Within the same sector, Bank of Valletta plc fell by 2.0% to the €1.96 level across 13 deals amounting to 32,688 shares.

Harvest Technology plc eased by 1.1% to the €0.89 level trivial volumes.

MaltaPost plc plunged by 7.0% to the €0.426 level as 18,300 shares changed hands.

BMIT Technologies plc closed unchanged at the €0.32 level on three trades totalling 43,900 shares. Today, BMIT started trading without the entitlement of the dividend.

Hili Properties plc held the €0.24 level on a single trade of 92,600 shares.

PG plc traded flat at the €1.85 level across three deals totalling 2,855 shares.

APS Bank plc held the €0.56 level on muted activity.

The RF MGS Index snapped a five-day losing streak and reversed practically all this week’s losses as it surged 0.50% to 914.302 points, marking the largest daily gain in four months. Data released yesterday showed that the economy in the euro area grew by 0.3% during the first quarter of 2025, which was less than the 0.4% which was anticipated. Meanwhile, ECB Vice President Luis de Guindos commented that although the euro area economy is currently holding up well, it faces several downward pressures from the potential global trade war, financial market volatility and high debt levels.

 

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.