Malita drops to an all-time low of €0.342

The MSE Equity Price Index fell by 1.09% to 3,751.595 points as the declines in BOV, FIMBank, GO, and Malita outweighed the gains in BMIT and HSBC. Meanwhile, Malta International Airport plc held the €5.90 level as 987 shares changed hands. Today, MIA announced that last week it bought 442 of its own shares at a price of €5.80 per share. Download today’s Equity Market Summary.

Malita Investments plc plummeted by 18.6% to an all-time low of €0.342 across three deals amounting to 20,453 shares.

FIMBank plc slumped by 20% to the USD0.20 level on two trades totalling 200,000 shares.

Also in the banking sector, Bank of Valletta plc shed 1.1% to the €1.88 level over six deals amounting to 4,260 shares. Today, BOV announced that last week it bought 14,760 of its own shares at an average price of €1.90 per share.

GO plc moved 0.8% lower to the €2.56 level on a single trade of 7,800 shares.

On the other hand, BMIT Technologies plc rose by 0.7% to the €0.282 on a single trade of 10,000 shares.

HSBC Bank Malta plc moved 0.7% higher to the €1.42 level over two deals totalling 2,999 shares.

The RF MGS Index remained largely unchanged at 914.544 points. Today, the European Commission released its Autumn 2025 economic forecasts, revising upward the projected economic growth of the euro area to 1.3% from the 0.9% projected in the Spring forecasts. Economic growth is then expected to moderate slightly to 1.2% in 2026 (previously 0.9%) before rising to 1.4% in 2027. The European Commission attributed this growth outlook to a resilient labour market, declining inflation, and favourable financing conditions.

Inflation in the euro area is projected to continue its downward trajectory, reaching 2.1% in 2025 and remaining around 2% over the following two years. Meanwhile, the unemployment rate is expected to decline gradually from 5.9% in 2025 and 2026 to a record low of 5.8% in 2027.

The forecasts also highlighted that global trade-weighted average tariff rates on US imports are projected to be higher than assumed in the Spring 2025 forecast, except for certain countries that have secured trade agreements with the US, such as China.

 

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.