MSE Trading Report for Week ending 6 March 2026

Movement in Equity and Bond Indices:

The MSE Equity Total Return Index closed in negative territory, as it decreased by 0.2% to end at 9,232.154 points. A total of 29 issues were active, seven of which headed north while another 10 closed in the opposite direction. Total weekly turnover reached €2.2m, generated across 259 transactions.

The MSE Corporate Bonds Total Return Index declined by 0.1%, as it reached 1,154.379 points. Out of 70 active issues, 20 increased while 28 closed in the red. The 5% CF Estates Finance plc Secured  2028-2033 headed the list of gainers, as it closed at €99.50, equivalent to a 4.7% change. Conversely, the 4.35% SD Finance plc Unsecured  2027 closed 4.1% lower at €97.38.

The MSE MGS Total Return Index registered a 0.1% decline, as it closed at 976.499 points. A total of 28 issues were active, eight of which traded higher while another 17 registered a drop. The 2.1% MGS 2039 was the best performer, as it closed 3.3% higher at €83.09. On the other hand, the 1.5% MGS 2045 ended the week 1.7% lower at €65.08.

 

Market Highlights:

Bank of Valletta plc (BOV) ended the week unchanged at €2.10, after a few weeks of gains while trading within a range of €2.04 and €2.12. BOV remained the most liquid equity of the week, with 384,593 shares exchanged across 84 deals. The total trading value generated amounted to €801,482.

HSBC Bank Malta plc closed the week at €1.46, posting a slight decline of 0.7%. The banking equity traded 19,658 shares across five deals, producing a total value of €28,824.

Malta Properties Company plc continued its upward trend, advancing by 12.5%. The equity traded between a low of €0.398 and closed at a high of €0.45. A total of 120,000 shares changed hands across seven deals, resulting in a turnover of €48,002. This is the fourth consecutive week that the equity posted gains.

Harvest Technology plc came under pressure this week, dropping by 15.3% to close at €1. Five transactions were recorded, with turnover reaching €150,000.

RS2 plc declined by 5.9% over the week to close at €0.32, after touching a low of €0.29. Trading activity remained limited, with 2,463 shares exchanged across two transactions, generating just €744 in value.

Malta International Airport plc’s (MIA) shares rose for the third consecutive week, as the equity closed at a weekly high of €6, translating to a 0.8% increase. A total of 110,071 shares were traded across 20 deals, resulting in a turnover of €655,214.

Malita Investments plc declined for the second consecutive week, by 5.1%, ending the week at a price level of €0.37. Market activity was light, with a sole trade involving 8,000 shares for a total trading value of €2,960.

Mapfre Middlesea plc edged higher during the week, gaining 4.5% to close at €1.39. Trading activity was minimal, with a sole deal of 1,069 shares executed, generating a value of €1,486.

Loqus Holdings plc registered a notable weekly increase of 14.3%, with the share price climbing to close at €0.32 after trading as low as €0.28. Market participation included eight transactions involving 159,550 shares, worth €50,916.

Hili Properties plc (HLI) closed the week flat at €0.27. Trading activity remained high as 728,100 shares were traded at the same price, resulting in a turnover of €196,587.

 

Company Announcements:

The Board of BOV is scheduled to meet on March 26, to consider and approve the Group’s and the Bank’s audited annual report and financial statements for financial year ended December 31, 2025. In addition, the Board will consider the declaration of a dividend to be recommended to the Bank’s next AGM.

In terms of its share buyback programme, BOV announced that during the trading week ending February 27, the Bank did not purchase any shares. In aggregate, since the commencement of the programme the Bank has purchased a total of 615,970 shares, equivalent to nearly 0.1% of its share capital, at an average weighted purchase price of €1.906 per share, for a total amount of €1,174,023.

Meanwhile, as part of its share buyback programme, MIA bought an aggregate of 1,883 shares at a price of €6 during the trading week ending February 27.

M&Z plc repurchased 64,811 shares of its own shares during the trading week starting February 23, for an aggregate consideration of €37,590. The Company now holds nearly 1.4m of its own ordinary shares.

Loqus Holdings plc announced that JFC Holdings Limited, the Company’s major shareholder, has confirmed that after completing its voluntary offer, it plans to continue buying shares of the Company on the open market. The purchases will follow all applicable regulations and standard market practices, and will continue until JFC Holdings reaches 75% ownership of the Company’s issued share capital.

 

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]