Substantial activity across BOV shares

The MSE Equity Price Index rose by 0.53% to 3,814.167 points as the gains in GO and BOV outweighed the decline in PG. Meanwhile, four equities closed unchanged as today’s trading activity amounted to €0.28 million. Download today’s Equity Market Summary.

Bank of Valletta plc accounted for about 90% of today’s total trading value as it rose by 1.6% to the €1.92 level across twelve deals totalling 133,406 shares.

GO plc increased by 2.4% to the €2.56 level over three trades amounting to 1,100 shares.

On the other hand, PG plc shed 0.6% to the €1.73 level on a single trade of 5,000 shares.

Meanwhile, APS Bank plc held the €0.525 level on low volumes. Today, APS published the allocation policy of the recent Rights Issue which raised €45.8 million. The proportionate entitlement subscribed by eligible shareholders together with applications for up to 30,000 excess shares will be satisfied in full. Applications for excess shares higher than 30,000 will be scaled down by 16.53%. The new shares will be admitted to listing on Friday 28 November and trading is expected to commence on Monday 1 December.

Quinco Holdings plc closed unchanged at the €1.15 level over four trades totalling 6,200 shares after recovering from an intraday low of €1.01 (-14%).

Trident Estates plc traded flat at the €1.06 level across three deals amounting to 9,817 shares.

MaltaPost plc held the €0.438 level on a single trade of 1,000 shares.

Today, MedservRegis plc announced the basis of acceptance in relation to the offer of the euro equivalent of €25 million in 5.50% EUR and 6.50% US dollar unsecured bonds due in 2036. The company explained that it received 85 applications from existing bondholders of 4.50% EUR and 5.75% US dollar unsecured bonds maturing in 2026 for a total value of €13.2 million and USD5.74 million respectively, all of which were allocated in full. Medserv explained that it had also received €3.86 million and USD0.17 million during the Intermediaries’ Offer, which were also allotted in full. Consequently, Medserv raised €17.1 million and USD5.91 million in the new bond issue. The new bonds are expected to be admitted to listing on Wednesday 3 December 2025 and trading is expected to commence on Thursday 4 December 2025. Moreover, interest on the new bonds will start accruing from Wednesday 3 December 2025.

The RF MGS Index fell by 0.26% to an almost two-month low of 909.196 points. Data released today showed that produced prices in the US rose by 0.3% during September, rebounding from a 0.1% decline in August driven by a rebound in energy prices and factory gate costs. However, on an annual basis producer price remained unchanged at 2.7%.

 

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.