Four equities push the MSE Equity Price Index higher

The MSE Equity Price Index rose by 0.11% to 3,809.414 points as the gains in IHI, Farsons, Mapfre Middlesea, and Malta Properties outweighed the declines in Hili Properties and Harvest. Meanwhile, five equities closed unchanged as today’s trading activity amounted to €0.12 million. Download today’s Equity Market Summary.

Mapfre Middlesea plc surged by 4.2% to the €1.25 level across three deals totalling 4,311 shares. Yesterday, Mapfre Middlesea published its interim financial statements covering the six-month period ended 30 June 2025. Net insurance and investment results amounted to €16.7 million compared to €14.1 million in the first half of 2024. The Group generated pre-tax profits of €14.2 million, which is 16.9% higher than the €12.2 million figure registered in the corresponding period last year.  After accounting for a tax charge of €4.42 million and non-controlling interests of €2.85 million, the net profit for the period attributable to shareholders amounted to €6.97 million (H1 2024: €6.03 million) which translates into an annualised return on average shareholders’ funds of 14.8% (H1 2024: 14.3%).

International Hotel Investments plc moved 0.9% higher to the €0.434 on a single deal of 3,727 shares.

Malta Properties Company plc gained 0.6% to the €0.352 level on two deals amounting to 9,000 shares.

Simonds Farsons Cisk plc increased by 0.8% to the €6.25 level across seven trades totalling 5,045 shares.

On the other hand, Harvest Technology plc slumped by 13.8% to the €0.75 level, albeit on a single deal of 2,700 shares.

Hili Properties plc fell by 1.6% to the €0.24 level on one trade of 37,000 shares.

Meanwhile, HSBC Bank Malta plc held the €1.40 level albeit over trivial volumes. HSBC will publish its interim results tomorrow.

Malta International Airport plc traded flat at the €5.95 level as 4,253 shares changed hands.

Bank of Valletta plc closed unchanged at the €1.88 level over two deals amounting to 21,305 shares. BOV will publish its interim results on Thursday.

GO plc remained at the €2.76 level on minimal activity.

GO’s datacentre and digital infrastructure subsidiary BMIT Technologies plc traded flat at the €0.29 level over two deals amounting to 20,300 shares.

The RF MGS Index remained virtually unchanged at 909.402 points. Today, the IMF raised its global economic growth forecasts, projecting 3.0% growth for 2025 (previously 2.8%) and 3.1% for 2026 (previously 3.0%). The IMF attributed the revisions to stronger economic activity ahead of tariff increases, lower-than-anticipated US tariff rates, fiscal expansion in several major economies, and improved financial conditions driven by a weaker US dollar. Despite the improved outlook, the IMF warned that risks to global growth remain skewed to the downside, citing potential tariff rebounds and the possible breakdown of trade agreements. The IMF projects US economic growth at 1.9% in 2025 and 2.0% in 2026, while the eurozone is expected to expand by 1.0% and 1.2%, respectively.

Today, the Treasury Department published the final statistics of the July 2025 MGS Issue which showed that participation from retail investors amounted to €80.7 million for the 3.40% MGS 2035 (IV) and €74.3 million for the 3.80% MGS 2040 (II). Trading in these MGS is expected to start tomorrow.

 

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.