Five equities push MSE Equity Price Index higher

The MSE Equity Price Index extended yesterday’s gains as it rose by 0.23% to 3,788.015 points. The positive movements in BMIT, BOV, Computime, MIA, and M&Z outweighed the declines in Harvest and Farsons. Meanwhile, four other equities closed unchanged as today’s trading activity amounted to €0.11 million. Download today’s Equity Market Summary.

Malta International Airport plc gained 0.8% to the €6.00 level across two trades amounting to 5,830 shares.

Bank of Valletta plc moved 0.5% higher to the €2.00 level over four trades amounting to 3,350 shares. BOV is holding its AGM on Thursday 29 May.

BMIT Technologies plc advanced by 2.1% to the €0.292 level on two deals totalling 14,478 shares.

M&Z plc moved 1.8% higher to the €0.56 level on two deals amounting to 2,400 shares. M&Z shareholders as at close of trading on Wednesday 28 May 2025 will be entitled to a final net dividend of €0.0162 per share, subject to shareholders’ approval during the upcoming Annual General Meeting scheduled to be held on 4 June 2025.

Computime Holdings plc rose by 2.2% to the €0.462 level across three trades totalling 4,100 shares. Computime shareholders as at the close of trading on 10 June 2025 will be entitled to a final net dividend of €0.0077 per share, subject to shareholders’ approval at the upcoming AGM on 12 June 2025.

On the other hand, Simonds Farsons Cisk plc declined by 0.8% to the €5.90 level over five deals amounting to 3,636 shares. Farsons is expected to publish the results for the financial year ended 31 January 2025 tomorrow.

Harvest Technologies plc shed 1.1% to the €0.88 level on a single trade of 1,064 shares.

Meanwhile, FIMBank plc held the USD0.12 level on one deal of 30,000 shares.

The ordinary shares of RS2 plc traded flat at the €0.40 level as 26,500 shares changed hands.

HSBC Bank Malta plc stayed at the €1.44 level over three deals totalling 7,900 shares.

Hili Properties plc held the €0.24 level on a single trade of 40,000 shares.

The RF MGS Index rose by 0.38% to a two-week high of 917.383 points as economic sentiment in the euro area improved on the back of reduced inflation expectations. In fact, data released today showed that the forecasted inflation in France during May was revised to 0.6%, which would be the lowest figure since December 2020, and less than the previous estimate of 0.9%. The lower inflation is anticipated due to reduced energy prices which are projected to fall for the fourth consecutive month, as well as a slower increase in service prices.

 

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.