MSE Equity Price Index reverses some of yesterday’s gains

The MSE Equity Price Index fell by 0.14% to 3,820.555 points as the declines in HSBC, Lombard, Malta Properties and Mapfre Middlesea outweighed the gains in APS, M&Z and VBL. Meanwhile, seven other equities closed unchanged as today’s trading activity in local equities amounted to €0.16 million. Download today’s Equity Market Summary.

HSBC Bank Malta plc shed 2.6% to the €1.50 level across three deals amounting to 7,882 shares. HSBC will publish its 2024 annual results tomorrow and the Directors will also consider the declaration of a final dividend to be recommended to the Bank’s Annual General Meeting which will be held on Tuesday 13 May 2025.

Also in the banking sector Lombard Bank Malta plc slumped by 5.3% to the €0.715 level over four deals totalling 39,098 shares. The volume-weighted average price today stood at €0.745 (-1.3%).

Mapfre Middlesea plc declined by 2.1% to the €1.38 level over trivial volumes.

Malta Properties Company plc fell by 1.7% to the €0.344 level on muted activity.

On the other hand, APS Bank plc gained 0.8% to the €0.62 level on two deals amounting to 2,070 shares.

VBL plc surged by 49.2% to the €0.179 level on a single trade 2,500 shares.

M&Z plc advanced by 3.7% to the €0.56 level over three deals totalling 25,511 shares.

Meanwhile, BMIT Technologies plc traded flat at the €0.32 level as 57,400 shares changed hands.

Bank of Valletta plc closed unchanged at the €1.80 level across twelve deals amounting to 23,145 shares.

The Convenience Shop (Holding) plc held the €0.92 level across two trades amounting to 1,151 shares.

GO plc closed unchanged at the €2.66 level over three deals amounting to 3,400 shares.

Malta International Airport plc traded flat at the €6.20 level across three trades totalling 828 shares.  MIA’s Board of Directors is scheduled to meet on Monday 24 February 2025 to consider the approval of the financial statements for the year ended 31 December 2024. The Directors will also consider the declaration of a dividend.

Malita Investments plc held the €0.50 level over two trades amounting to 2,400 shares.

PG plc stayed at the €1.86 level as 40,185 shares changed hands.

The RF MGS Index remained practically unchanged at 912.147 points. Data released today showed that inflation in France during January remain flat at 1.8% as anticipated, despite faster growth in service and energy prices. Elsewhere in the US, several federal reserve officials including Christopher Waller, Michelle Bowman and Patrick Harker emphasised that interest rates should be kept unchanged and advocated for a cautious approach, even though inflation has appeared to resume its downward path.

 

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.