BOV recaptures the €2.08 level

The MSE Equity Price Index rose by 0.07% to 3,806.860 points as the gains in BOV, GO, and FIMBank outweighed the declines in APS, BMIT, Harvest, and Main Street Complex. Meanwhile, five other equities closed unchanged as today’s trading in local equities amounted to €0.13 million. Download today’s Equity Market Summary.

Bank of Valletta plc increased by 1.0% to the €2.08 level across ten deals totalling 19,644 shares.

Also in the banking sector, FIMBank plc rose by 4.2% to the USD0.125 level on two trades totalling 14,618 shares.

GO plc advanced by 2.4% to the €2.56 level across three deals totalling 1,837 shares.

In contrast, GO’s IT infrastructure subsidiary BMIT Technologies plc shed 3.2% to the €0.30 level on two trades totalling 3,909 shares.

APS Bank plc dropped by 5.6% to the €0.51 level across two deals amounting to 2,119 shares.

Harvest Technology plc (-10.3%) and Main Street Complex plc (-23.3%) fell to the €0.78 and €0.23 levels respectively on muted activity.

Plaza Centres plc was today’s most actively traded equity as it closed unchanged at the €0.62 level across volumes totalling 84,094 shares. Plaza will be holding its AGM on Wednesday 18 June.

Also in the property sector, Hili Properties plc (21,000 shares) and Malta Properties Company plc (12,580 shares) traded flat at the €0.24 and €0.30 levels respectively.

Malta International Airport plc traded flat at the €5.95 level across four deals totalling 2,632 shares. At the end of last week, MIA announced that passenger movements during May 2025 amounted to 927,709, which is 8.1% higher than the comparable figure of 858,402 registered last year. Today, MIA announced that last week the company bought 4,727 of its own shares for a consideration of €28,273, which translates into an average price of €5.981.

HSBC Bank Malta plc stayed at the €1.38 level on trivial volumes.

The RF MGS Index snapped a four-day winning streak as it fell by 0.54% to a three-week low of 914.918 points, marking the largest daily decline in over two months. Sovereign bond yields moved higher amid fears of a sharp resurgence of inflation following the escalation of the Middle East tensions. Due to the ongoing military conflict between Israel and Iran, crude oil prices rose to the highest level in four months exceeding the USD 73 level.

 

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.