Varied movements across 13 equities

The MSE Equity Price Index increased by 0.26% to 3,774.897 points as the gains in APS, Hili Properties, HSBC, MIA, Mapfre Middlesea, Main Street Complex and Trident outweighed the declines in BOV, Grand Harbour Marina and Malita. Meanwhile, three other equities closed unchanged as today’s trading activity amounted to €0.12 million. Download today’s Equity Market Summary.

Malta International Airport plc was today’s most actively traded equity as it gained 0.9% to the 5.90 level across seven deals amounting to 6,978 shares.

Also among large companies by market value, HSBC Bank Malta plc moved 1.4% higher to €1.44 over five deals amounting to 7,549 shares.

Also in the banking sector, APS Bank plc gained 0.9% to the €0.56 level across three deals totalling 21,110 shares.

Hili Properties plc increased by 2.8% to the €0.218 over three deals amounting to 18,550 shares.

Also in the property sector, Trident Estates plc advanced by 6.5% to the €1.15 level over three trades totalling 5,150 shares, albeit most of the activity took place at €1.07 (-1%).

Mapfre Middlesea plc surged by 6.9% to the €1.40 level on a single deal of 7,200 shares.

Main Street Complex plc rebounded by 12.8% to the €0.30 level as 9,000 shares changed hands.

On the other hand, Bank of Valletta plc shed 1.2% to the €1.71 level across four deals totalling 6,700 shares.

A single deal of 3,000 shares pulled the price of Grand Harbour Marina plc 0.5% lower to the €0.93 level.

Malita Investments plc fell by 3.8% to the €0.51 level on one trade of 20,000 shares.

GO plc traded flat at the €2.68 level across three deals amounting to 3,650 shares.

PG plc and VBL plc both closed unchanged at the €1.86 and €0.196 levels respectively over trivial volumes.

The RF MGS Index declined by 0.12% to a fresh two-week low of 919.407 points as the US economy continues to show strong activity. In fact, data released today showed that month-over-month retail price during November rose by 0.7% compared to 0.5% last October and, more than the 0.5% which was anticipated.

 

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.