MSE Trading Report for Week ending 20 March 2026

The MSE Equity Total Return Index rose, as it reached 9,404.587 points, an increase of 1.3%, as BOV shares gained nearly 2%. A total of 23 equities were active, 12 of which registered gains while four declined. Total activity totaled €2.2m, as a result of 235 transactions.

The MSE Corporate Bonds Total Return Index posted a 0.4% increase to 1,157.848 points. A total of 77 bonds were active. The 3.25% APS Bank plc Unsecured Subordinated Bonds 2025 – 2030 was the most liquid corporate bond, with total trading value reaching €388,000, closing at €97.50.

The MSE MGS Total Return Index decreased by 0.5% to 966.407 points. A total of 29 issues were active. The 3.5% Malta Government Stock 2034 was the most liquid government bond, with total trading value reaching €428,843, closing at €99.74.

Bank of Valletta plc (BOV) closed 1.9% higher at €2.14, as the share price moved higher in the closing minutes of yesterday’s session. The Bank’s shares traded between a low of €2.06 and a high of €2.14. Total trading activity involved 360,049 shares, with trading turnover reaching €763,715 over 43 transactions.

Mapfre Middlesea plc traded seven times during Wednesday’s trading session, pushing the equity up by 13.6% to the €1.59 level. This increase was the result of seven trades worth €34,290.

Following the news relating to the agreement concerning the Manoel Island concession between the Government and MIDI plc, the Company’s equity price jumped 16.7% to close at the €0.28 price level. Thirteen transactions of 483,169 shares were executed.

AX Real Estate plc plummeted by 9.2% to €0.454, as 12 trades over 113,173 shares were executed. Trading turnover tallied to €53,916.

Malita Investments plc generated a positive 2.7% in its share price to close at €0.38. A total of six trades were executed, with a value of €4,669.

The price per share of Malta International Airport plc rose by 0.8% to close at €6.10, as a result of 25 trades spread across 102,460 shares. Since January, MIA shares are up 6.1%.

The share price of GO plc trended 1.6% higher to close at €2.56, as 19 trades with a value of €131,906 were recorded. On a year-to-date basis, the value of the Company’s shares is flat at €2.56.

On the contrary, BMIT Technologies plc shed 3.3% to end the week at €0.29. Five trades worth €27,482 were recorded. The equity traded between a weekly low of €0.29 and a high of €0.30.

RS2 plc shares closed at €0.31, a week-on-week decline of 3.1%. Trading activity included six trades on a volume of 45,170 shares, tallying to a value of €13,341.

Grand Harbour Marina plc jumped 12.4% to the €1 level. This price appreciation was generated by four trades worth €3,195.

Midi plc announced that following negotiations with the Government of Malta, the Company has reached an agreement for the partial rescission of the emphyteutical deed dated June 15, 2000. Under the proposed agreement, the emphyteutical concession over Manoel Island and Fort Tigné will be rescinded, while the concession over Tigné Point, excluding Fort Tigné, will remain in full force and effect. The agreement is still subject to approval by the House of Representatives, and the approval of the Company’s shareholders at an extraordinary general meeting, which will be convened once the final terms have been agreed.

As part of the proposed transaction, the Company is expected to receive total compensation of €47.3m, which after adjusting for the reimbursement of VAT is estimated to result in net proceeds of approximately €43m. Full details of the transaction, including its financial impact and the reasons why the Board resolved to accept and recommend the proposal to shareholders, will be provided in a circular to shareholders.

Yesterday, the Company announced that the Company and the Government of Malta have entered into a standstill agreement, pursuant to which all ongoing litigation between them has been suspended pending the required approvals.

Hili Properties plc announced that during a Board of Directors meeting held on March 16, it resolved to apply for the discontinuation of the listing of all its shares from the Official List of the MSE. The application to delist the shares will be submitted to the MFSA, but the process is subject to shareholder approval. For this purpose, an extraordinary general meeting has been convened for April 15, during which shareholders will be asked to vote on the proposed resolution.

Malta Properties plc announced that the Company’s AGM will be held on May 18, 2026.

GO plc and BMIT Technologies plc announced that the forthcoming AGMs will be held on the May 19, 2026.

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]