Daily Review 18.11.2025

APS Rights Issue Oversubscribed

The MSE Equity Price Index fell by 0.44% to 3,734.993 points as the declines in seven equities outweighed the gains in APS, AX Real Estate, BMIT, and VBL. Meanwhile, three other equities closed unchanged as today’s total trading activity amounted to €0.13 million. Download today’s Equity Market Summary.

APS Bank plc rose by 4.0% to the €0.52 level on a single deal of 1,626 shares. Today, APS announced that it has successfully raised €46.4 million from the Rights Issue which closed on Friday 14 November 2025, resulting in an over-subscription. Consequently, the Intermediaries’ Offer initially scheduled for Monday 24 November 2025 will not be opening. APS stated that details of the allocation policy and the updated timeline for the listing of the shares will be announced in the coming days.

VBL plc moved 0.6% higher to the €0.18 level on two trades totalling 10,000 shares. Yesterday evening, VBL announced that its end of year revenue outlook for FY2025 is set to be in line with what was projected in the financial analysis summary dated 25 June 2025, with operational property yields are anticipated to be in the 7.0%-7.1% range.

A single trade of 10,000 shares pushed the share price of BMIT Technologies plc 2.8% higher to the €0.29 level.

AX Real Estate plc surged by 18.2% to the €0.35 level albeit over low volumes.

On the other hand, Computime Holdings plc shed 0.5% to the €0.442 level on one trade of 13,830 shares.

FIMBank plc fell by 10.0% to the USD0.18 level on volumes of 13,166 shares.

Also in the banking sector, HSBC Bank Malta plc declined by 0.7% to the €1.41 level over five trades amounting to 7,500 shares.

International Hotel Investments plc slumped by 7.3% to the €0.406 level on two deals totalling 7,511 shares.

MaltaPost plc decreased by 6.8% to the €0.41 level on low volumes.

Malta Properties Company plc declined by 5.7% to the €0.33 level as 16,900 shares changed hands.

The preference shares of RS2 plc moved 6.9% lower to an all-time low of €0.27 across three trades totalling 7,525 shares.

Meanwhile, Bank of Valletta plc closed unchanged at the €1.88 level over seventeen deals amounting to 40,740 shares.

Malta International Airport plc stayed at the €5.90 level over five trades totalling 2,253 shares.

Simonds Farsons Cisk plc held the €5.40 level on low volumes.

The RF MGS Index remained relatively unchanged at 914.734 points. Today the US Department of Labour released its first data update since the start of October due to inactivity driven by the US Government shutdown which ended last week. The publication illustrated that for the week ending on 18 October 2025, the number of workers filing for unemployment was more than expected indicating a continued softening of the US labour market. Moreover, continuing unemployment claims rose to around 1.96 million which was the highest figure since August.