MSE Equity Price Index drops to 3-week low

The MSE Equity Price Index fell by 0.52% to 3,815.687 points as the declines in GO, Lombard, and the ordinary shares of RS2 outweighed the gains in BMIT, BOV, Computime, MIA, Malita, and Malta Properties. Meanwhile, five other equities closed unchanged as today’s trading activity in local equities amounted to €0.13 million. Download today’s Equity Market Summary.

GO plc decreased by 7.1% to a one-month low of €2.60 across eight deals totalling 4,035 shares.

The ordinary shares of RS2 plc slumped by 12.5% to the €0.35 level across four deals totalling 36,904 shares. RS2 will publish its interim results this Wednesday 27 August.

Lombard Bank Malta plc fell by 8.5% to a 10-year low of €0.65 on a single deal of 5,000 shares.

On the other hand, Bank of Valletta plc moved 0.5% higher to the €1.89 level over four deals totalling 11,331 shares.

Computime Holdings plc increased by 2.2% to the €0.47 level as 6,800 shares changed hands.

Malta Properties Company plc rose by 3.2% to the €0.32 level over three trades totalling 3,501 shares.

Malita Investments plc increased by 2.0% to the €0.51 level across four trades amounting to 59,000 shares.

Malta International Airport plc moved 0.8% higher to the €5.95 level across five deals amounting to 2,612 shares.

BMIT Technologies plc surged by 4.7% to the €0.314 level on a single trade of 1,003 shares.

Meanwhile, Hili Properties plc traded flat at the €0.24 level as 37,000 shares changed hands. Today, Hili Properties announced that its Board of Directors is scheduled to meet on Friday 29 August 2025 to consider the approval of the interim financial statements for the six-month period ended 30 June 2025.

APS Bank plc held the €0.53 level albeit over trivial volumes.

Also in the banking sector, HSBC Bank Malta plc traded flat at the €1.42 level on two deals totalling 1,976 shares.

A single trade of 160 shares left the share price of Simonds Farsons Cisk plc unchanged at the €6.25 level.

PG plc closed unchanged at the €1.86 level over three trades amounting to 10,700 shares. PG will publish its annual results for the year ended 30 April 2025 on Friday 29 August.

Yesterday evening, VBL plc published its interim financial statements covering the six-month period ended 30 June 2025. Revenues increased by 25.2% to €2.13 million and operating expenditure climbed 7.3% higher to €1.66 million. The operating profit amounted to €0.47 million compared to €0.16 million in the corresponding period last year. Net finance costs rose to €0.35 million from €0.09 million in the comparable period last year largely reflecting the issuance of €10 million 5.20% secured bonds in October 2024.After accounting for a minimal tax charge, VBL recorded a net profit for the period of €0.12 million, compared to €0.07 million in the first half of 2024. Total equity also remained relatively unchanged at €67.9 million, which translates into a net asset value per share of €0.2725 (31 December 2024: €0.2718).

Today, The Convenience Shop (Holding) plc announced that its Board of Directors is scheduled to meet on Friday 29 August 2025 to consider the approval of the interim financial statements for the six-month period ended 30 June 2025. The Directors will also consider the declaration of an interim dividend.

The RF MGS Index fell by 0.22% to 907.232 points as the price of natural gas rebounded from last week’s 15-month low peace negotiations regarding the conflict in Ukraine have reportedly stalled. Meanwhile, data released today showed that economic activity in Germany during the second quarter of the year fell by more than expected, marking the steepest quarterly decline within the last four quarters, with a notable contraction in the manufacturing service. Year-over-year, the economy grew by 0.2% compared to 0.3% in the previous quarter and falling short of the 0.4% growth which was projected.

Today, the Chairman Jerome Powell addressed the annual Federal Reserve symposium where he acknowledged that current policy is in restrictive territory and thus the Fed might soon be in a position to lower the Federal funds rate.