MSE Equity Price Index snaps three-day losing streak

cyber

May 21, 2026

Daily Market Highlights
21 May, 2026
0 min read
Daily Market Highlights
21 May, 2026
0 min read

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 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.

The MSE Equity Price Index rebounded by 0.20% to 3,969.1 points as the gains in Malta Properties Company, APS, Lombard, MaltaPost, and BOV outweighed the declines in Quinco, Mainstreet, MIA, and GO. Meanwhile, two equities closed unchanged as today’s total trading activity amounted to €0.10 million. Download today’s Equity Market Summary.

Bank of Valletta plc gained 1.0% to the €2.03 level across eleven trades totalling 18,736 shares. Today, BOV published the terms relating to the issue of €300 million Callable Senior Preferred Notes 2031-32 which showed that the coupon rate was set at 4.467% and the bonds will be listed on the Irish Stock Exchange on 28 May.

APS Bank plc gained 2.7% to the €0.565 level across ten deals totalling 41,239 shares.

Also in the banking sector, Lombard Bank Malta plc rose 2.7% to the €0.76 level on two trades amounting to 7,850 shares. Lombard shareholders as at the close of today’s trading will be entitled to a final net dividend per share of €0.0222, subject to approval during the upcoming Annual General Meeting scheduled to be held on 24 June 2026.

Malta Properties Company plc advanced by 3.3% to the €0.378 level across four trades totalling 20,030 shares.

MaltaPost plc edged up 1.9% to the €0.44 level on a single deal of 1,000 shares.

On the other hand, Quinco Holdings plc plummeted by 16.9% to an all-time low of €0.715 level on three deals totalling 2,400 shares.

Main Street Complex plc fell by 2.1% to the €0.186 level on a single trade of 5,375 shares.

Malta International Airport plc shed 1.6% to the €6.10 level across six trades totalling 2,474 shares. Yesterday, MIA held its Annual General Meeting which approved all resolutions on the agenda including the share buyback of up to 1,353,000 shares for the period commencing 1 June 2026 to the 2027 AGM. During the AGM, the CEO also announced that the company secured a €100 million bank loan to part-finance the ongoing investment programme.

GO plc eased by 0.8% to the €2.44 level across four trades totalling 2,500 shares. Today, GO published an updated Financial Analysis Summary. The forecasted financial performance of the company on a stand-alone basis showed that revenue is expected to increase by 1.0% to €138.5 million and EBITDA is anticipated to increase by 3.0% to €45.3 million. GO’s subsidiary Cablenet Communication Systems plc also published an FAS which showed that in 2026, revenue is anticipated to grow by 8.0% to a record of €75.2 million and EBITDA is expected to rebound by 12.4% to €21.5 million.

Meanwhile, Hili Properties plc held the €0.27 level on a single deal of 8,000 shares.

PG plc retained the €1.61 level on a single trade of 1,989 shares.

The RF MGS Index rose by 0.47% to 890.715 points amidst growing concerns about the health of the eurozone economy. In fact, data released today showed that in May the private sector activity in the euro area is expected to contract at the sharpest pace since October 2023, with the services sector projected to decline at the fastest rate in over five years. The economy is being weighed down by surging energy costs and weakening consumer purchasing power.

 

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.