Trading centres around BOV and PG

The MSE Equity Price Index rose by 0.1% to 3,716.882 points as gains in BOV and AX Real Estate outweighed the declines in APS, Malita, and Quinco. Meanwhile, three other equities closed unchanged as today’s trading activity amounted to €0.28 million, mostly concentrated in BOV and PG which together accounted for over 95% of the traded value. Download today’s Equity Market Summary.

Bank of Valletta plc increased by 1.1% to the €1.91 level over fifteen deals totalling 74,202 shares.

AX Real Estate plc advanced by 3.2% to the €0.32 level on two trades amounting to 15,600 shares.

On the other hand, APS Bank plc shed 1.6% to the €0.49 level across three deals totalling 2,905 shares. Yesterday, APS published a Prospectus following regulatory approval in connection with a 3-for-11 Rights Issue at a price of €0.44 per share. APS Bank plc shareholders as at the close of trading on Thursday 2 October 2025 are eligible to apply for their proportionate entitlement and also have priority to apply for excess shares. Subsequently, any remaining excess shares will be made available to investors through an Intermediaries’ Offer, with preferential allocation to be given to APS employees and APS bondholders at the close of trading on Thursday 2 October 2025. The Rights Issue period starts on Monday 27 October 2025.

Malita Investments plc fell by 3.1% to the €0.436 level on one deal of 11,400 shares.

Quinco Holdings plc slumped by 8.9% to the €1.12 level on two deals totalling 2,050 shares.

Meanwhile, PG plc closed unchanged at the €1.76 level over three trades amounting to 71,000 shares. PG is holding its Annual General Meeting tomorrow.

HSBC Bank Malta plc and Simonds Farsons Cisk plc both closed unchanged at the €1.42 and €4.98 levels respectively.

The RF MGS Index fully reversed yesterday’s gains falling by 0.05% back to 917.773 points amid inflationary concerns over surging oil prices. In fact, today crude oil futures rose by 5% to an almost two-week high after the US imposed sanctions on two of Russia’s largest oil companies, Rosneft and Lukoil, after stalling ceasefire talks in Ukraine. EU member states also adopted a new package of sanctions, targeting key sectors such as energy, finance, the military industrial base, and special economic zones.

 

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.