Daily Review 22.04.2026

MSE Equity Price Index snaps two-day losing streak

The MSE Equity Price Index rose by 0.24% to 3,955.8 points as the gains in VBL, Trident, MPC, APS and BOV outweighed the declines in Lombard, MIA and M&Z. Meanwhile, five equities closed unchanged as today’s total trading activity amounted to €0.17 million… Download today’s Equity Market Summary.

VBL plc closed the session 5.8% higher at the €0.20 level, albeit most of the 124,088 shares that traded exchanged hands at the previous closing price of €0.189.

Also in the property sector, Trident Estates plc advanced by 3.8% to the €1.09 level over three trades totalling 20,236 shares.

Malta Properties Company plc gained 3.8% to the €0.38 level on a single deal of 10,000 shares.

Bank of Valletta plc edged 0.5% higher to the €2.07 level across six deals totalling 7,345 shares.

Also in the banking sector, APS Bank plc rose by 3.0% to the €0.52 level on trivial volumes.

On the other hand, Lombard Bank Malta plc fell by 3.2% to the €0.75 level over two trades amounting to 29,379 shares. Lombard is expected to publish the 2025 annual results on Friday 24 April.

Malta International Airport plc moved 0.8% lower to the €6.20 level across five deals totalling 3,272 shares.

M&Z plc declined by 1.7% to the €0.57 level over two trades amounting to 4,500 shares.

Meanwhile, FIMBank plc stayed at the USD0.15 level across three deals totalling 50,000 shares.

Hili Properties plc held the €0.27 level across four trades amounting to 57,000 shares.

Harvest Technologies plc remained at the €0.95 level on a single deal of 10,000 shares. Harvest shareholders as at the close of today’s trading will be entitled to a final net dividend of €0.01 per share.

Malita Investments plc closed unchanged at the €0.39 level over three trades totalling 10,000 shares.

Simonds Farsons Cisk plc traded flat at the €5.80 level as 3,510 shares changed hands.

The RF MGS Index fell by 0.18% to 895.912 points. Data released today showed that inflation in the UK during March increased to 3.3% from 3.0% in the previous month marking the highest reading in the last three months. Inflation growth was mostly driven by increasing fuel and transport costs. Meanwhile, core inflation unexpectedly declined to 3.1% from 3.2% in February.

The National Statistics Office announced that the General Government of Malta registered a deficit of €545.3 million in 2025, equivalent to 2.2% of GDP. The NSO explained that to reach the General Government sector’s negative balance of €545.3 #million for 2025, several adjustments were made to the balance of the Government’s Consolidated Fund, which registered a deficit of €823.9 million. These adjustments are necessary to transition from the Government’s Consolidated Fund to an accrual-based accounting approach, in line with European methodology. Additionally, the adjustments account for Extra Budgetary Units as well as the Local Government sector. The largest positive adjustment was related to time-adjusted cash transactions of €391.6 million. At the end of 2025, the General Government debt amounted to €11.4 billion or 46.4% of GDP.

 

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.