Daily Review 27.01.2025

BOV dominates trading activity

 

The MSE Equity Price Index fell by 0.17% to 3,728.576 points as the declines in BOV, GO, Mapfre Middlesea and MaltaPost outweighed the gain in MIA. Meanwhile, five other equities closed unchanged as today’s total trading activity in local equities amounted to €0.13 million. Download today’s Equity Market Summary.

Bank of Valletta plc was today’s most actively traded equity as it eased by 0.6% to the €1.71 level across thirteen trades totalling 41,189 shares, accounting for more than half of today’s total value traded across all equities.

BOV’s insurance associate Mapfre Middlesea plc shed 2.9% to the €1.36 level, albeit over trivial volumes.

A single trade of 1,000 shares pulled the share price of MaltaPost plc 0.4% lower to the €0.45 level.

GO plc moved 0.8% lower to the €2.58 level on two deals amounting to 2,800 shares.

On the other hand, Malta International Airport plc gained 0.8% to the €6.20 level over nine deals amounting to 6,367 shares.

Meanwhile, BMIT Technologies plc held the €0.32 level on a single trade of 4,000 shares.

HSBC Bank Malta plc traded flat at the €1.40 level on muted activity.

A single deal of 2,202 shares left the share price of MIDI plc unchanged at the €0.248 level.

Simonds Farsons Cisk plc closed unchanged at the €6.60 level on two trades totalling 1,000 shares.

Malta Properties Companies held the €0.36 level across two trades amounting to 6,300 shares.

The RF MGS Index rose by 0.05% to 909.288 points as the gains in long-term MGS bid prices outweighed the decline in short-term MGS bid prices. The German government cut its growth projection for 2025 to 0.3% from the previous forecast of 1.1%, provided last October. The German economy is set to remain subdued after it declined by 0.3% and 0.2% in 2023 and 2024 respectively, which was the country’s first consecutive annual economic decline in 21 years. Some factors which negatively impacted the German economy included higher interest rates, the increase in energy prices as well as the political instability in the country.

 

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.