BOV & GO push the MSE Equity Price Index higher

The MSE Equity Price Index extended gains by a further 0.18% to a near two-week high of 3,781.551 points reflecting the gains in BOV and GO. Meanwhile, another four equities closed unchanged as today’s trading activity was under €70,000. Download today’s Equity Market Summary.

Bank of Valletta plc advanced by 0.6% to the €1.72 level across four deals totalling 6,868 shares.

GO plc moved 0.7% higher to the €2.70 level across five trades amounting to 9,740 shares.

Also among large companies by market value, HSBC Bank Malta plc closed unchanged at €1.44 after recovering from an intraday low of €1.41 (-2.8%) across eight deals amounting to 15,540 shares. Today, HSBC Malta announced that it will hold an Extraordinary General Meeting on Thursday 13 February 2025 for shareholders to consider a resolution to allow the company to furnish and disclose information in connection with a potential transaction involving its majority shareholder.

A single trade of 3,000 shares left the share price of International Hotel Investments plc unchanged at the €0.486 level.

Malta International Airport plc and APS Bank plc held the €5.90 and €0.56 levels respectively on trivial volumes.

Today, Santumas Shareholdings plc announced that its Board of Directors is scheduled to meet on Monday 23 December 2024 to consider the approval of the interim financial statements for the six-month period ended 31 October 2024.

The RF MGS Index partly recovered yesterday’s decline as it rebounded by 0.09% to 920.236 points. Eurozone yields remained buoyant in anticipation of the Federal Reserve decision later today.

 

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.