MSE Trading Report for Week ending 13 March 2026

Movement in Equity and Bond Indices:

The MSE Equity Total Return Index rose, as it reached 9,283.558 points – a 0.6% increment. A total of 20 equities were active, nine of which registered gains while another two lost grounds. Total activity totaled €1.7m, as a result of 216 transactions.

The MSE Corporate Bonds Total Return Index posted a 0.1% drop to 1,152.946 points. Out of 77 active issues, 27 advanced while another 24 closed in the red. The 3.5% Bank of Valletta plc € Notes 2030 S1 T1 was the best performer, as it closed 4.8% higher at €98. Conversely, the 4.75% Dino Fino Finance plc Secured € 2033 headed the list of fallers, as it closed 4.5% lower at €95.01.

The MSE MGS Total Return Index decreased by 0.6% to 970.788 points. A total of 28 issues were active, as four gained and 23 declined. The 3% MGS 2040 was the best performer, as it closed 3.2% higher at €93.90. On the other hand, the 1.50% MGS 2045 lost 2.8%, ending the week at €63.24.

 

Market Highlights:

Bank of Valletta plc (BOV) ended the week unchanged, after trading between a low of €2.06 and a high of €2.10. The banking equity generated notable activity, with 236,007 shares exchanged across 51 transactions, producing a total turnover of €491,268.

HSBC Bank Malta plc edged higher, rebounding by 1.4% to finish at €1.48. Trading activity included eight transactions involving 43,457 shares and producing a total trading value of €62,960.

APS Bank plc (APS) ended the week marginally lower, slipping 2% to €0.50. A total of nine trades were recorded, amounting to 70,085 shares and €35,856 in turnover.

MIDI plc headed the list of gainers, as it closed the week at €0.24, after rebounding sharply from a low of €0.18. This translates to a weekly increase of 33.3%. A total of nine deals were executed across 128,576 shares that changed hands, resulting in €27,283 in turnover.

Malta International Airport plc (MIA) rose by 0.8% to close at €6.05, which also represented the weekly high. This was the most liquid equity of the week as 129,803 shares dealt across 37 transactions, generated €778,590 in value.

BMIT Technologies plc posted a positive performance, advancing by 4.2%, to end the week at a weekly high of €0.30. Market activity consisted of 16 deals, with 150,333 shares changing hands for a total consideration of €44,140.

MaltaPost plc performed well, climbing 6.1% to finish at €0.45. The equity traded between €0.424 and €0.458. A total of 9,822 shares were exchanged across six transactions, generating €4,195 in total trading value.

Santumas Shareholdings plc delivered a strong performance, with the equity rising to €1.18 from a weekly low of €1.09. This movement translated into an 18% gain. A total of five transactions were recorded, involving 18,400 shares and producing €20,217 in trading value.

PG plc posted a modest gain of 0.6%, ending the week at €1.64. A total of 10,120 shares were traded across five transactions, generating €16,542 in turnover.

Loqus Holdings plc also moved higher for the second consecutive week, rising by 9.4%, to close at €0.35. Trading activity consisted of three transactions involving 13,500 shares, generating a turnover of €4,650.

 

Company Announcements:

The Board of APS Bank plc met on March 12, 2026, and approved the Group Annual Report and Audited Financial Statements for the financial year ended December 31, 2025. Profit after tax decreased from €18.2m in 2024 to €16.3m in 2025 (10.4%). 2025 had higher all-round revenues and volumes, and reduced cost of funding. Net interest income of €78.7m increased by 20.1% on 2024 (€65.5m). The Directors are recommending a final net dividend of €7.4m representing a net dividend of €0.015 per ordinary share to be paid to ordinary shareholders in the form of scrip, at an attribution price to be determined and announced. Furthermore, the Bank announced that its forthcoming Annual General Meeting is scheduled for May 6, 2026.

BMIT Technologies plc has approved the Annual Report and Consolidated Financial Statements of the Company for the financial year ended December 31, 2025. Revenue increased by 8.7% to €36.5m while profit after tax amounted to €3.5m, down from €4.2m in 2024. The Board recommended the declaration of a final net dividend of €0.0183c per ordinary share, representing a total net Dividend of €4m and that such dividend be paid to shareholders in cash or by the issue of new shares, in each case at the option of the individual shareholder. The new shares will have an attribution price of €0.27 per new ordinary share.

Hili Properties plc announced that the Board is scheduled to meet on March 16, 2026 to consider an application for the discontinuation of listing of the Company’s shares on the Official List of the Malta Stock Exchange. The application would be subject to shareholder approval.

Malta International Airport plc (MIA) handled 658,328 passengers in February, with a daily peak of 30,875 movements. Furthermore, MIA experienced a 12.1% year-on-year surge in aircraft movements to 4,426 and a seat load factor climbing 1.1 points to 81.6%; Italy led markets at 18.2%, closely followed by the UK (18.1%), Poland (14.1%), Germany (6.7%), and Spain (5.8%).

Plaza Centres plc has rescheduled its Extraordinary General Meeting (EGM) from March 25, 2026 to April 14, 2026 due to pending regulatory approvals. Resolutions previously announced, will remain unchanged.

The Board of GO plc will meet on March 25, 2026 to approve the audited financial statements for the year ended December 31, 2025 and consider recommending a final dividend to the AGM.

 

Market Movers by Sector:

This article, which was compiled by Jesmond Mizzi Financial Advisors Limited does not intend to give investment advice and the contents therein should not be construed as such. The Company is licensed to conduct investment services under the Investment Services Act by the MFSA and is a Member of the Malta Stock Exchange. The directors or related parties, including the company and their clients, are likely to have an interest in securities mentioned in this article. For further information contact Jesmond Mizzi Financial Advisors Limited at 67, Level 3, South Street, Valletta, or on Tel: 21224410, or email [email protected]