Seven equities pull the MSE Equity Price Index lower

The MSE Equity Price Index fell by 1.01% to 3,715.448 points as the declines in seven equities outweighed the 1.2% gain in Simonds Farsons Cisk plc to the €4.98 level on two deals totalling 1,443 shares. Meanwhile, five equities closed unchanged. Download today’s Equity Market Summary,

Bank of Valletta plc was today’s most actively traded equity as it shed 1.1% to the €1.88 level over eleven deals amounting to 43,811 shares. Today, BOV announced that last week it bought 72,079 of its own shares at an average price of €1.895 per share. Last Friday, BOV announced that it received regulatory approval for an Unsecured Euro Medium Term Bond Programme of up to €325 million. The first series and first tranche of Tier 2 bonds under the Programme consisting of up to €125 million 5.0% subordinated bonds maturing in 2030-2035. The offer period opens on 5 November 2025.

GO plc fell by 5.3% to the €2.50 level on two trades amounting to 5,300 shares.

Computime Holdings plc slumped by 10.0% to the €0.45 level on a single deal of 8,148 shares.

International Hotel Investments plc decreased by 4.9% to the €0.428 level on two deals totalling 2,122 shares.

Malta Properties Company plc moved 1.8% lower to the €0.324 level on two trades amounting to 3,000 shares.

Quinco Holdings plc declined by 1.6% to the €1.23 level over three deals totalling 7,800 shares, although the majority of shares changed hands at the €1.13 level (-9.6%).

LifeStar Insurance plc fell to the €0.20 level over trivial volumes.

Meanwhile, BMIT Technologies plc traded flat at the €0.308 level as 10,500 shares changed hands.

Grand Harbour Marina plc held the €0.835 level on one deal of 11,400 shares.

HSBC Bank Malta plc remained unchanged at the €1.43 level across three trades totalling 20,600 shares.

Hili Properties plc (44,500 shares) and MaltaPost plc (6,890 shares) both closed unchanged at the €0.22 and €0.44 levels respectively.

The RF MGS Index snapped an eight-session positive streak as it fell by 0.23% to 916.838 points, reflecting the upward movement of sovereign bond yields across the euro area. Last Friday, S&P Global unexpectedly lowered France’s long-term credit rating to A+ from AA-, on political instability and lingering uncertainty over public finances, driven by weak investment activity, subdued private consumption, and the higher possibility of slower economic growth. S&P stated that if France passes its budget by the end of the year, there will be greater clarity on how the country intends to manage its rising debt, although risks are still expected to remain elevated ahead of the 2027 presidential elections. Additionally, the credit rating agency revised France’s outlook from negative to stable, reflecting a balance between the country’s structural economic strengths and its ongoing challenges in reducing spending and government debt.

 

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.