Six equities pull the MSE Equity Price Index lower

The MSE Equity Price Index fell by 0.70% to 3,837.112 points as BOV, GHM, HSBC, Malita, MPC, and MaltaPost all trended lower. Meanwhile, MedServ, Farsons and VBL moved higher and five other equities closed unchanged. Trading activity amounted to €0.15 million. Download today’s Equity Market Summary.

Bank of Valletta plc was the most actively traded equity as it declined by 2.0% to the €1.93 level across sixteen deals totalling 29,587 shares.

Also in the banking sector, HSBC Bank Malta plc dropped by 2.9% to the €1.36 level across eight trades totalling 32,089 shares.

Grand Harbour Marina plc plunged by 5.0% to the €0.95 level, albeit on trivial volumes. Yesterday, GHM published its interim results which showed an improved operating performance at both the Maltese marina as well as the IC Çeşme marina, which is operated by an associate. Nonetheless, the performance was impacted by a lower deferred tax gain for the associate. Overall, GHM’s net profit for the period amounted to €1.43 million compared to €3.49 million in the same period last year.

Malita Investments plc fell by 4.0% to the €0.474 level across two deals totalling 2,000 shares. Malita is expected to publish its interim results later today.

Malta Properties Company plc dropped by 1.9% to the €0.314 level as 2,223 shared changed hands.

A single trade of 6,095 shares pulled the share price of MaltaPost plc 0.4% lower to the €0.444 level.

The ordinary shares of RS2 plc traded flat at the €0.35 level across three deals totalling 84,391 shares. Yesterday evening, RS2 published its interim results which showed revenue decline of 8% to €17.6 million. The company reported an operating loss of €2.4 million and a net loss for the period of €2.6 million.

Hili Properties plc traded flat at the €0.24 level as 22,900 shares changed hands. The Board of Hili Properties is scheduled to meet on Friday 29 August 2025 to consider the approval of the interim financial statements for the six-month period ended 30 June 2025.

Malta International Airport plc closed unchanged at the €6.00 level across three deals amounting to 484 shares.

GO plc held the €2.60 level across two trades totalling 2,222 shares.

AX Real Estate plc closed unchanged at the €0.366 level as 8,400 shares changed hands.

MedservRegis plc climbed 4.8% to the €0.44 level on a single deal of 6,000 shares. Medserv is expected to publish its interim results on Friday 29 August 2025.

Simonds Farsons Cisk plc rebounded by 5.0% back to the €6.25 level on muted activity.

VBL plc advanced by 2.8% to the €0.185 level on lacklustre volumes.

Today, International Hotel Investments plc published the interim results which showed that revenue increased by 10% to €150 million, but operating profit fell by 39% to €5.97 million as the performance was impacted by higher costs and unfavourable currency movements. Shareholders’ funds eased by 0.6% to €670 million which translates into a net asset value per share of €1.088.

The RF MGS Index increased by 0.10% to 908.895 points reflecting further declines in euro area sovereign bond yields. The minutes from the latest ECB meeting showed that rate setters had mixed views on the trajectory of the economy due to tariff uncertainties and the possibility of inflation resurfacing.

 

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.