MaltaPost and Hili Properties dominate trading
Following last week's article detailing the performance of the S&P 500 index in 2025, it is worth devoting time to review the developments across the European equity markers in my last article of the year.
The MSE Equity Price Index fell by 0.6% to 4,107.0 points as the declines in RS2, IHI, Farsons Lombard, BOV and Computime outweighed the gain in MaltaPost. Meanwhile, six equities closed unchanged as today’s total trading activity amounted to €0.40 million. Download today’s Equity Market Summary.
MaltaPost plc closed the session 7.3% higher at a six-month high of €0.50 across six trades totalling 289,234 shares, but the weighted average price of the day stood at €0.468.
Meanwhile, Hili Properties plc traded flat at the €0.27 level as 514,800 shares changed hands. Hili Properties was the most actively traded equity for the third consecutive session. In April 2026, the company had submitted an application for the discontinuation of listing of all of the company’s shares to the MFSA.
APS Bank plc traded flat at the €0.58 level across four trades totalling 2,712 shares.
GO plc closed unchanged at the €2.52 level across two deals amounting to 10,800 shares.
HSBC Bank Malta plc closed unchanged at the €1.43 level across four deals amounting to 17,300 shares.
Malta International Airport plc held the €6.05 level across two trades totalling 2,038 shares. Today, MIA announced that last week it bought 1,962 of its own shares at €6.05 per share.
PG plc remained unchanged at the €1.65 level across five deals amounting to 8,250 shares.
On the other hand, the ordinary shares of RS2 plc declined by 6.8% to the €0.41 on a single deal of 4,000 shares.
International Hotel Investments plc fell by 4.1% to the €0.59 level across four trades totalling 12,250 shares.
Simonds Farsons Cisk plc shed 1.6% to the €6.10 level albeit over trivial volumes
Lombard Bank Malta plc declined by 1.4% to the €0.72 on a single deal of 17,036 shares.
Bank of Valletta plc fell by 0.5% to the €2.06 level across eight deals amounting to 12,563 shares.
Computime Holdings plc shed 0.4% to the €0.478 level across as 730 shares changed hands.
Last Friday, MedservRegis plc published an updated Financial Analysis Summary. In 2026, revenues are expected to decrease by 4.6% to €99.8 million compared to €104.6 million in 2025, reflecting a normalisation in activity in the Mediterranean following the Group’s record performance last year, which had been driven by the ramp-up of offshore drilling activity in Libya. Despite the decline in revenue, EBITDA is forecasted to remain practically unchanged at €21.9 million. As such, the EBITDA margin is anticipated to improve slightly to 21.9% from 21.0% last year supported by continued operational efficiency and a higher-margin services mix. Considering the expected cash balances of €23.7 million as at 31 December 2026, Medserv is anticipating a net debt position of €37.2 million, which is €13.0 million (-25.9%) less than the €50.2 million net debt in the prior year . As a result, the net debt-to-EBITDA multiple is expected to improve to 1.7 times (2025: 2.3 times).
The RF MGS Index fell by 0.05% to 896.072 points as sovereign bond yields in the US and the euro area moved higher amid long-term inflation concerns despite progress in peace negotiations in the Middle East which resulted in a drop in oil prices. The US Treasury market is now pricing at least one rate hike by the Federal Reserve before the end of the year which can possibly come as early as September.
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.
The article contains public information only and is published solely for informational purposes. It should not be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities, markets or developments referred to in this article. Rizzo, Farrugia & Co. (Stockbrokers) Ltd (“Rizzo Farrugia”) is under no obligation to update or keep current the information contained herein. Since the buying and selling of securities by any person is dependent on that person’s financial situation and an assessment of the suitability and appropriateness of the proposed transaction, no person should act upon any recommendation in this article without first obtaining investment advice. Rizzo Farrugia, its directors, the author of this article, other employees or clients may have or have had interests in the securities referred to herein and may at any time make purchases and/or sales in them as principal or agent. Furthermore, Rizzo Farrugia may have or have had a relationship with or may provide or has provided other services of a corporate nature to companies herein mentioned. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Foreign currency rates of exchange may adversely affect the value, price or income of any security mentioned in this article. Neither Rizzo Farrugia, nor any of its directors or employees accepts any liability for any loss or damage arising out of the use of all or any part of this article. Additional information can be made available upon request from Rizzo, Farrugia & Co. (Stockbrokers) Ltd., Airways House, Fourth Floor, High Street, Sliema SLM 1551. Telephone: +356 2258 3000; Email: info@rizzofarrugia.com; Website: www.rizzofarrugia.com © 2021 Rizzo, Farrugia & Co. (Stockbrokers) Ltd. All rights reserved. This article may not be reproduced or redistributed, in whole or in part, without the written permission of Rizzo Farrugia. Moreover, Rizzo Farrugia accepts no liability whatsoever for the actions of third parties in this respect.
This article was produced by Edward Rizzo, Director at Rizzo Farrugia, which 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. The company’s registered address is at Airways House, Fourth Floor, High Street, Sliema SLM 1551, Malta.
The article contains public information only and is published solely for informational purposes. It should not be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities, markets or developments referred to in this article. Rizzo, Farrugia & Co. (Stockbrokers) Ltd (“Rizzo Farrugia”) is under no obligation to update or keep current the information contained herein. Since the buying and selling of securities by any person is dependent on that person’s financial situation and an assessment of the suitability and appropriateness of the proposed transaction, no person should act upon any recommendation in this article without first obtaining investment advice. Rizzo Farrugia, its directors, the author of this article, other employees or clients may have or have had interests in the securities referred to herein and may at any time make purchases and/or sales in them as principal or agent. Furthermore, Rizzo Farrugia may have or have had a relationship with or may provide or has provided other services of a corporate nature to companies herein mentioned. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Foreign currency rates of exchange may adversely affect the value, price or income of any security mentioned in this article. Neither Rizzo Farrugia, nor any of its directors or employees accepts any liability for any loss or damage arising out of the use of all or any part of this article. Additional information can be made available upon request from Rizzo, Farrugia & Co. (Stockbrokers) Ltd., Airways House, Fourth Floor, High Street, Sliema SLM 1551. Telephone: +356 2258 3000; Email: info@rizzofarrugia.com; Website: www.rizzofarrugia.com © 2021 Rizzo, Farrugia & Co. (Stockbrokers) Ltd. All rights reserved. This article may not be reproduced or redistributed, in whole or in part, without the written permission of Rizzo Farrugia. Moreover, Rizzo Farrugia accepts no liability whatsoever for the actions of third parties in this respect.
This article was produced by Edward Rizzo, Director at Rizzo Farrugia, which 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. The company’s registered address is at Airways House, Fourth Floor, High Street, Sliema SLM 1551, Malta.