IHI to manage Corinthia Resort in Lake Como

The MSE Equity Price Index fell by 0.13% to a one-month low of 3,777.9 points as the declines in MIA and GHM outweighed the gains in Harvest. Meanwhile, four other equities closed unchanged as overall trading activity amounted to €0.11 million. Download today’s Equity Market Summary.

International Hotel Investments plc held the €0.45 level on trivial volumes. Today, IHI announced that its hotel operating arm Corinthia Hotels Limited signed a management agreement to operate a luxury resort in Lake Como, Italy. The agreement was signed with RoundShield, which recently announced its acquisition of this 40-hectare property. Construction is expected to begin following final planning approvals, with operations targeted for late 2028. The 58-key Corinthia Lake Como will be built adjacent to the grounds of Italy’s second-oldest golf course in the alpine village of Menaggio, overlooking Lake Como. The plans include a world-class spa, wellness and dining experiences, and a lakefront club providing direct access to the water at the widest part of the lake. The resort will also feature three branded residences.

Bank of Valletta plc closed unchanged at the €1.90 level over eight trades amounting to 37,186 shares.

Hili Properties plc traded flat at the €0.24 level on volumes totalling 121,500 shares.

Mapfre Middlesea plc remained at the €1.34 level on trivial volumes.

Malta International Airport plc eased by 0.9% to the €5.80 level as 740 shares changed hands. Today, MIA announced that last week it bought 3,298 of its own shares at a price of €5.85 per share. Furthermore, it stated that the share buy-back programme will be suspended with immediate effect and will remain suspended until the announcement of the 2025 Annual Financial Results. The programme will resume on the business day following the publication of these results.

Grand Harbour Marina plc plummeted by 11% to the 0.89 level, albeit on negligible volumes.

Harvest Technology plc climbed 1.4% to the €0.70 level across three deals totalling 2,300 shares, albeit most shares exchanged hands at €0.645 (-6.5%).

Today, MedservRegis plc and Lombard Bank Malta plc published their corporate calendars in which they indicated that their 2025 Annual Report will be published on 20 April and 24 April respectively.

The RF MGS Index registered a marginal uplift of 0.04% to 903.6 points as euro area sovereign bond yields remained virtually unchanged from the end of last week. Nonetheless, the EUR/USD exchange rate increased to 1.184, which is in line with the recent peak of 17 September 2025 that was the highest level of the euro since 2021. This is likely driven by increased political tensions between the EU and US on various matters.

 

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