Year-to-date trading in MIA surpasses 2025 annual value

Nikki Pace Bonello

May 6, 2026

Daily Market Highlights
6 May, 2026
6 min read
Daily Market Highlights
6 May, 2026
6 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 MSE Equity Price Index advanced by 1.2% to 4,029.8 points as the declines in GO, Mapfre and Trident were outweighed by gains in eight equities. Meanwhile, three other equities closed unchanged as today’s trading activity in the Main Market amounted to €0.6 million. Download today’s Equity Market Summary.

Today’s most actively traded equity, Malta International Airport plc edged 0.8% higher to the €6.20 level across eight trades totalling 50,006 shares and accounting for half of today’s total value traded across local equities. Since the start of the year, €5.3 million worth of MIA shares changed hands, which is higher than the annual trading activity across MIA shares in 2025 of €5.1 million.

Also among large companies by market value, Bank of Valletta plc closed 0.5% higher at the €2.10 level across eight deals amounting to 29,173 shares. BOV shareholders as at close of trading on Thursday 7 May 2026 will be entitled to a final net dividend of €0.0764 per share to be paid on Friday 12 June 2026, subject to approval by the Annual General Meeting scheduled for Wednesday 10 June 2026.

APS Bank Malta plc moved 5.6% higher to the €0.57 level as 139,270 shares changed hands across 19 trades, although the weighted average price for the day was €0.543 (+0.6%). APS is holding its Annual General Meeting today.

Similarly, HSBC Bank Malta plc increased by 1.4% to the €1.45 level over trivial volumes. Yesterday, HSBC published a quarterly update providing information about its performance in Q1 2026 when compared to the same period in 2025. Overall, HSBC reported a profit before tax of €21.3 million, which is 24% lower than the €27.9 million figure reported in Q1 2025. In line with previous guidance relating to the declaration of quarterly dividends, the Directors of HSBC Malta declared a gross interim dividend of €0.036 (net: €0.0234) per share, representing a payout ratio of 60%. The interim dividend will be paid on 30 June 2026 to shareholders as at close of trading on Friday 15 May 2026.

PG plc gained 3.7% to the €1.68 level across six trades totalling 52,300 shares.

Malta Properties Company plc increased by 8% to the €0.38 level across two trades totalling 3,000 shares. Today, MPC published its forecasts for 2026 which showed that revenues are expected to rebound by 16.5% to a record of €5.95 million amid improved occupancy across the property portfolio. EBITDA is anticipated to surge by 18.3% to €4.0 million. The net asset value per share as at 31 December 2026 is anticipated to climb to €0.573 compared to €0.568 as at the end of 2025.

FIMBank plc (+18.5%) and International Hotel Investments plc (+4%) rose to the USD0.16 and €0.52 levels respectively, albeit over trivial volumes.

MaltaPost plc closed unchanged at the €0.44 level across four trades amounting to 6,010 shares.

Hili Properties plc (77,300 shares) and MedservRegis plc (4,600 shares) traded flat at the €0.27 and €0.65 levels respectively.

GO plc edged 0.8% lower to the €2.50 level as 3,400 shares changed hands across two trades.

Trident Estates plc shed 7.1% to the €1.04 level over a single deal of 1,992 shares.

Mapfre Middlesea plc declined by 1.9% to the €1.54 level over lacklustre trading.

The RF MGS Index rose by 0.23% to 892.5 points as inflation concerns eased with falling oil prices. President Donald Trump stated that the war with Iran would end soon and the Strait of Hormuz would remain open to all if a deal is reached, while Iranian officials confirmed they are actively reviewing a US proposal.

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.

Varied movements across several equities The MSE Equity Price Index remained little unchanged at 3,933.1 points as gains in MPC, BOV, Trident and the preference shares of RS2 were outweighed by declines in seven equities. Meanwhile, another seven equities closed unchanged as today’s trading activity on the main market amounted to €0.5 million. APS Bank plc closed unchanged at the €0.51 level across two trades amounting to 4,185 shares. GO plc closed unchanged unchanged at the €2.52 level as 931 shares changed hands across three trades. Simonds Farsons Cisk plc closed at the €5.45 level across two deals amounting to 700 shares, although the weighted average price of the day was €5.13 (-5.9%). Hili Properties plc (38,000 shares), Malta International Airport plc (1,820 shares) and M&Z plc (7,250 shares) all traded flat at €0.27, €6.00, and €0.58 respectively. Plaza Centres plc closed unchanged at the €0.90 level over lacklustre trading. Malta Properties Company plc increased by 12.5% to the €0.45 level across three trades amounting to 50,000 shares, albeit the majority of shares exchanged hands at the previous closing price of €0.40. Tomorrow, MPC is scheduled to release its 2025 full-year results. Today’s most actively traded equity, Bank of Valletta plc rose by 1% to the €2.12 level as 136,176 shares changed hands, although most trades took place at the previous closing price of €2.10. The preference shares of RS2 plc gained 1.7% to the €0.60 level, although the majority of shares changed hands at the €0.32 level (-45.8%). Trident Estates plc moved 1% higher to the €1.01 level over lacklustre trading. Harvest Technology plc dropped by 15.3% to the €1.00 level as 150,000 shares changed hands across five trades. Quinco Holdings plc fell by 5.3% to the €0.90 level across two deals totalling 5,419 shares. Malita Investments plc shed 5.1% to the €0.37 level as 8,000 shares changed hands. Main Street Complex plc (-4.5% to €0.21) and the ordinary shares of RS2 plc (-5.9% €0.32) both fell to €0.21 and €0.32 respectively, albeit over trivial volumes. MaltaPost plc (-1.4% to €0.424) and PG plc (-1.2% to €1.63) were today’s other negative performers. The RF MGS Index fell by 0.11% to 905.7 points as sovereign bond yields extended their upward trend. ECB policymakers cautioned that a prolonged conflict in the Middle East could push up inflation and hinder eurozone growth. Meanwhile, ongoing energy supply disruptions continued to push oil prices higher, reaching USD78 per barrel, their highest level since January 2025.   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. Download today’s Equity Market Summary.