Four equities pull the MSE Equity Price Index lower

The MSE Equity Price Index fell by 0.3% to 3,990.8 points as declines in BOV, PG, BMIT, and Lombard outweighed gains in HSBC, APS and the ordinary shares of RS2. Meanwhile, four other equities closed unchanged as today’s trading activity on the main market amounted to €0.2 million. Download today’s Equity Market Summary.

Bank of Valletta plc eased 0.9% to the €2.12 level across nine trades totalling 31,170 shares. Today, BOV announced that last week it did not purchase any shares as part of its share buyback programme. BOV will be publishing its 2025 annual results on Thursday 26 March.

BMIT Technologies plc declined by 3.4% to the €0.28 level across six trades totalling 61,300 shares.

PG plc shed 5.3% to the €1.60 level over a single trade of 1,008 shares.

Lombard Bank Malta plc fell 2.9% to the €0.68 level albeit over trivial volumes.

GO plc held the €2.56 level across two trades totalling 5,803 shares.

Malta International Airport plc closed unchanged at the €6.10 level as 1,120 shares changed hands, although most trades took place at the €6.05 level (-1%). Today, MIA announced that last week it bought back 20,005 of its own shares at a weighted average price of €6.06 per share.

Hili Properties plc (37,000 shares) and M&Z plc (11,200 shares) traded flat at the €0.27 and 0.58 levels respectively.

The ordinary shares of RS2 plc gained 3.2% to the €0.32 level across six trades totalling 70,082 shares, although the weighted average price for the day stood at €0.304 (-1.8%).

APS Bank plc rose 4.0% to the €0.52 level across eight trades totalling 45,960 shares, although the weighted average price for the day stood at €0.513 (+2.7%).

Also in the banking sector, HSBC Bank Malta plc moved 0.7% higher to the €1.49 level over a single deal of 7,000 shares.

Today, Grand Harbour Marina plc announced that its Board of Directors is scheduled to meet on Monday 30 March 2026 to consider the approval of the financial statements for the year ended 31 December 2025.

The RF MGS Index dropped by 0.93% to 887.7 points, marking its steepest daily decline since January 2024 and its lowest reading since July 2024. This was driven by elevated energy prices into the fourth week of the Middle East conflict, amid continued escalation including an ultimatum from US President Donald Trump to target Iran’s energy infrastructure if the Strait of Hormuz remains closed. However, WTI crude oil futures slumped more than 10% to around USD 88 per barrel when Trump later ordered a five day pause on these strikes, following what he describes as constructive talks with Iran. The announcement eased market concerns over potential supply disruptions, prompting global bond yields to drop.

 

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.