MSE Trading Report for Week ending 30 April 2026

The MSE Equity Total Return Index remained in negative territory, closing 0.3% lower at 9447.518 points. A total of 27 issues were active, as eight headed north while another 13 closed in the opposite direction. The total weekly turnover of €1.7m was generated by 207 transactions.

The MSE Corporate Bonds Total Return Index registered a 0.4% loss, as it closed at 1,155.125 points. A total of 78 issues were active, 18 of which traded higher while another 31 lost ground. The 5% Dizz Finance plc Unsecured € 2026 was the best performer, as it closed 3.2% higher at €97. On the other hand, the 6.25% Camilleri Finance plc € Unsecured 2034 ended the week 3.4% lower at €100.51.

The MSE MGS Total Return Index also declined by 0.5%, as it closed at 952.58 points. Out of 31 active issues, just one advanced while another 30 closed in the red. The 4.00% MGS 2043 headed the list of gainers, as it closed at €99.70, equivalent to a positive 2.4% change. Conversely, the 2.00% MGS 2051 closed 10% lower at €62.08.

APS Bank plc headed this week’s gainers, advancing 2.9% to close at €0.53, a price level that hasn’t been reached in over 6 months. Trading activity consisted of 130,263 shares spread across 17 deals, generating €67,517 in turnover.

HSBC Bank Malta plc also posted a positive performance, as it climbed to €1.44, an increase of 1.4%. Trading remained steady, with 20,833 shares exchanged across nine deals. Total trading value amounted to €29,508.

Also in the banking sector, Bank of Valletta plc edged 0.5% higher to €2.10. It stood out as the most actively traded equity of the week, as 33 deals were recorded and 399,708 shares generated a substantial €835,800 in value.

FIMBank plc fell to a weekly low of $0.135, translating to a 10% decrease. Trading activity was limited to just two deals consisting of  54,993 shares.

In the consumer space, Simonds Farsons Cisk plc retreated 7% to €5.35. The equity fluctuated between €5.35 and €5.80 throughout the week, as 10,656 shares were exchanged across 11 deals, generating €61,092 in turnover.

AX Real Estate plc eased 5.8% to €0.452, trading within a €0.45 and €0.48 range. A total of 21,267 shares were dealt across five transactions, resulting in €9,683 in value.

PG plc saw a slight decline, shedding 3% to close at €1.63. The sell-off was driven by just three large transactions worth a total of €124,760, with 77,000 shares changing hands.

Malta International Airport plc shares slipped 0.8%, settling at €6.15. A total of 10 trades were executed throughout the week, moving a total of 5,435 shares, worth €33,069.

Harvest Technology plc had a volatile week as the equity oscillated between a high of €1.12 before closing at a low of €0.94, a 2.1% decrease. Despite only five trades being logged, the volume was significant, as 40,190 shares were traded, creating a total turnover of €41,000.

Malita Investments plc recorded a notable drop of 12.8%, closing at €0.340. This was the result of five trades involving 24,425 shares which totaled a turnover of €8,334.

Bank of Valletta plc reported a resilient core operating performance for the first quarter of 2026, with total operating income reaching €119.1m. Despite this core growth, the Group’s profit after tax for the period decreased to €35.8m compared to €44.3m during the same period last year, primarily due to non-recurring factors such as a €3.8m unrealized valuation loss on its equity portfolio and higher impairment charges of €5.6m linked to specific credit developments. While no specific dividend was declared in this quarterly update, the Bank continued its share buyback programme, repurchasing 173,738 shares during the quarter as part of its strategy to enhance shareholder value.

Hili Properties plc reported a 6% increase in group revenue for the year ended December 31, 2025, reaching €16.7m compared to €15.8m in 2024, primarily driven by rental indexation. The Group’s profit after tax rose significantly to €6.6m from €4.8m the previous year, supported by higher investment income and the absence of impairment losses reported in 2024. The Board has recommended a final net dividend of €2.1m equivalent to €0.0052 per share, payable on or around May 29, 2026 to shareholders on the register as of  May 8, 2026.

VBL Plc approved its consolidated financial statements for the year ended December 31, 2025 on April 29, 2026, recording a 15% increase in revenue to €4.7m. This growth was accompanied by a 49% surge in operational EBITDA (excluding investment income) to €1.7m, as the Group improved its operational EBITDA margin from 29% to 37%. Total profit for the year stood at €1.6m, down from €2.5m in 2024, due to the timing of property development cycles and fair value movements.

Plaza Centres plc reported a 2.7% decrease in group revenue for the year ended December 31, 2025, totalling €3.2m. Despite the lower revenue, profit after tax saw a marginal increase to €1.1m, supported by a decrease in operating costs to €1.5m. The Board has recommended an additional net dividend of €350,000 (€0.0137 per share), bringing the total net dividend for the year to €600,000, which will be payable to shareholders on the register as of May 18, 2026.

MedservRegis plc reported a year of strong financial performance for the period ending December 31, 2025, with record revenues totalling €104.6m, a 49% increase over 2024. Net profit more than doubled to €5.5m, driven largely by the Integrated Logistics Support Services (ILSS) segment, which saw a 90% revenue jump due to expanded operations in Malta and Libya. The Board has recommended a final net dividend of €0.85m (€0.008363 per share).

M&Z plc approved its audited financial statements for the year ended  December 31, 2025, reporting a total revenue of €31.6m. This represents a 6% increase over 2024, driven primarily by higher sales volumes across its fast moving consumer goods portfolio. The Company saw a significant 48% surge in profit after tax, almost reaching €3m (2024: €2m). The Board has recommended a final net dividend of €0.7m or €0.0162 per share.

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, 16 Central Business Hub, Level 3, Mdina Road, Attard ATD 9036, or on Tel: 21224410, or email [email protected]