MSE Trading Report for Week ending 28 November 2025

The MSE Equity Total Return Index registered a 0.8% loss, as it closed at 8,875.73 points. A total of 27 equities were active, as eight headed north while another 11 declined. Weekly turnover stood at €0.8m, generated over 190 deals.

The MSE Corporate Bonds Total Return Index declined by 0.1%, as it ended the week at 1,154.787 points. Out of 56 active issues, 18 traded higher while another 25 closed in negative territory. The 5.6% JD Capital plc Secured 2035   headed the list of gainers, as it closed 2% higher at €102. On the other hand, the 4% MIDI plc Secured 2026 closed 4.4% lower at €88.

The MSE MGS Total Return Index headed south, falling by 0.3%, as it closed at 967.648 points. A total of 27 issues were active, two of which registered gains while another 24 closed in the red. The 3.4% MGS 2027 was the best performer, gaining 1.8%, to close at €101.81. Conversely, the 4% MGS 2033 was the worst performing issue, closing at €104.64, translating to a 4.9% decrease.

Bank of Valletta plc gained a modest 0.5%, closing at €1.91, with its price ranging from €1.89 to €1.92. It was the most actively traded equity of the week, with 38 deals of 177,178 shares, and a turnover of €337,349.

Its peer, HSBC Bank Malta plc remained unchanged, with its share price holding steady for the second consecutive week. The equity traded 20 times with 98,640 shares exchanging hands. This generated a weekly turnover of €139,237.

Conversely, APS Bank plc registered a weekly loss of 4.8%, with its share price closing at €0.50. Trading activity included nine deals with a total of 18,095 shares being exchanged, totalling to a value of €9,444.

Malta International Airport plc shed 2.5%, closing at €5.80, as the share price hovered between €5.80 and €5.90. This was the result of 13 trades involving 14,094 shares, generating €82,387 in turnover.

GO plc remained steady this week, closing unchanged at €2.56 after trading at weekly low of €2.50. A total of six trades were executed and 4,889 shares exchanged hands, generating a modest weekly turnover of €12,403.

Computime Holdings plc experienced a 1.8% increase to close at a weekly high of €0.45. Trading activity included 15 trades of 183,945 shares for a total trading value of €82,335.

MaltaPost plc rebounded from last week’s price and headed north, as a result of 56,803 shares traded over nine deals, worth €24,863. The equity rose to the €0.448 price level, translating to a 2.3% increase.

Trident Estates plc saw its share price rise by 2.8%, heading into positive territory for the first time in four weeks. Trading activity was minimal, with six transactions recorded, closing the week at €1.09.

Quinco Holdings plc posted a 15% gain, closing at a weekly high of €1.15. A total of 22 trades, worth €57,460 were executed throughout the week.

Mapfre Middlesea plc endured a challenging week, with its share price dropping 5.6%, to finish at a price level of €1.35. A total of 7,774 shares exchanged hands across three deals. This resulted in a total of €10,467 in weekly revenue.

Malita Investments plc announced that Dr Johan Farrugia has resigned as Executive Chairperson and Director with effect from November 24 and has been succeeded by Mr. Marvin Gaerty, nominated by the Government of Malta as majority shareholder. The Board highlighted that recent media claims do not reflect the full factual position, reaffirming that all decisions have been taken independently and in line with governance best practices. The Company also addressed its current liquidity challenges, stating that it is actively assessing strategic and financing options to strengthen its position. Further updates will be provided once a comprehensive plan is finalized.

Bank of Valletta plc announced that following the closure of the offer period on November 25, 2025, total applications for its Series 1 Tranche 1 5% subordinated bonds exceeded €125m. The Bank will therefore exercise the over-allotment option in full. The basis of acceptance will be published by December 5, 2025.

RS2 plc reported a 16% increase in transaction-processing revenue for the first nine months of 2025 and continued momentum in its managed services pipeline. The Merchant Solutions segment in Germany grew 131% and secured its first key account, while RS2 Financial Services obtained full issuing capabilities with Visa and Mastercard. In the US, four clients are live and seven are in implementation. The Group highlighted efficiency gains from AI and robotics but noted that the timing of major contracts may impact short-term profitability.

MedservRegis plc announced the basis of acceptance for its issue of up to the €25m equivalent in EUR and USD Unsecured bonds maturing between 2031 and 2036. Applications received from existing bondholders totaled €13.2m and $5.8m, all of which were allocated in full. Through the intermediaries’ offer, the Company received an additional €3.9m and $165k, which will also be fully allocated. The bond will be admitted to listing on December 3, with trading commencing the following day, while any 2015 Bonds not exchanged will be redeemed on February 5, 2026.

PG plc approved a net interim dividend of €2.75m, equivalent to €0.0254630 net per share. The dividend will be paid on December 5, 2025, to shareholders on the register as at November 28, 2025.

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]