Daily Review 20.06.2025
Notable volumes across Plaza shares
The MSE Equity Price Index rose by 0.20% to 3,833.551 points as the gains in GO, Hili Properties, Harvest, Malita and Farsons outweighed the declines in BMIT and HSBC. Meanwhile, seven equities remained unchanged as today’s trading activity amounted to €0.30 million. Download today’s Equity Market Summary.
Nearly half of today’s trading value was across the shares of Plaza Centres plc which held the €0.62 level on two deals amounting to 230,000 shares. In the past month, €0.82 million worth of Plaza shares changed hands, which is higher than the annual trading value of each of the past five years.
Bank of Valletta plc closed unchanged at the €2.08 level over eleven trades amounting to 26,170 shares.
AX Real Estate plc closed unchanged at the €0.378 level across two deals amounting to 11,750 shares. The volume-weighted price stood at €0.372 (-1.6%). Today, AX Real Estate plc announced that its Board of Directors is scheduled to meet on Monday 23 June 2025 to consider the approval of the financial results for the six-month period ended 30 April 2025.
The ordinary shares of RS2 plc traded flat at the €0.38 level as 9,400 shares changed hands. RS2 will hold its AGM on Tuesday 24 June 2025.
Malta Properties Companies plc closed unchanged at the €0.31 level on two trades amounting to 15,000 shares.
Malta International Airport plc held the €5.90 level on two trades totalling 943 shares.
Mapfre Middlesea plc traded flat at the €1.40 level on two deals amounting to 1,068 shares.
Meanwhile, GO plc rose by 3.1% to the €2.68 level over nine deals amounting to 17,950 shares.
Hili Properties plc moved 1.7% higher to the €0.244 level on two trades amounting to 9,100 shares.
Harvest Technologies plc surged by 13.5% to the €0.885 level on a single deal of 17,000 shares.
Malita Investments plc increased by 1.7% to the €0.486 level on two trades totalling 7,500 shares.
Simonds Farsons Cisk plc advanced by 1.6% to the €6.20 level on one trade of 532 shares. Farsons is holdings its AGM on Thursday 26 June 2025.
On the other hand, HSBC Bank Malta plc fell by 1.4% to the €1.38 level on two deals totalling 2,963 shares.
BMIT Technologies plc shed 2.0% to the €0.294 level over seven trades amounting to 37,491 shares.
Today, MedservRegis plc published an updated Financial Analysis Summary which included forecasts of its financial performance for 2025. Revenues are expected to increase by 13.9% to €79.8 million compared to €70.0 million in 2024 driven by higher activity across the Mediterranean region, which will be the principal income generator from a geographical perspective representing 50.6% of revenues. In line with the higher revenues, EBITDA is forecasted to rise by 11.6% to €18.0 million (2024: €16.1 million). The EBITDA margin is anticipated to remain relatively unchanged at 22.5%. In a separate announcement today, MedservRegis highlighted that its subsidiary in Egypt has successfully renewed a significant contract with IEOC Production B.V. for the provision of integrated logistics and shore base services in Damietta, Egypt. The company explained that this renewal extends the long-standing partnership between the two companies for a firm period of two years starting on 1st July 2025, with the client retaining an option to extend for an additional one year.
The RF MGS Index rose by 0.21% to a one-week high of 917.822 points. Data released today showed that during May producer prices in Germany declined for the third consecutive month to see the sharpest drop since September 2024. The decline was largely driven by a drop in energy costs which decreased by 6.7%. On the other hand, when excluding the impact of energy prices, producer prices rose by 1.3%, which was still less than the 1.5% in the previous month.
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.