MSE Trading Report for Week ending 31 July 2026

The MSE Equity Total Return Index returned to negative territory, as it closed 0.7% lower at 9,988.394 points. A total of 24 equities were active, five of which headed north while another 12 closed in the opposite direction. A total weekly turnover of €1.5m was generated across 196 transactions.

The MSE Corporate Bonds Total Return Index dipped marginally by 0.3%, as it finished at 1,164.118 points. Out of 85 active issues, 39 advanced while another 22 closed in the red. The 4.85% JD Capital plc Secured € 2032 S1 T1 headed the list of gainers, as it closed at €99.59, equivalent to a 3.2% change. Conversely, the 4% Shoreline Mall plc Secured € 2026 closed 27.8% lower at €70.

The MSE MGS Total Return Index registered a 0.5% gain, as it closed at 967.606 points. A total of 31 issues were active, 20 of which traded higher while another 8 lost ground. The 3.50% MGS 2035 was the best performer, as it closed 2.1% higher at €99. On the other hand, the 2.10% MGS 2032 ended the week 1.8% lower at €92.85.

With 335,902 shares crossing the market across 48 transactions, worth €722,687, Bank of Valletta plc was once again the most liquid equity of the week. The banking equity gained 0.9%, settling at its weekly high of €2.17.

HSBC Bank Malta plc edged 0.7% higher to close at a weekly high of €1.43. During the period, twenty-three transactions saw 95,853 shares changing hands, with total traded value reaching €136,420.

Having ranged between €0.55 and €0.59 throughout the week, APS Bank plc closed 1.7% lower at €0.58. Across 22 deals, 102,410 shares, worth €58,409 were transacted.

Lombard Bank Malta plc oscillated between a low of €0.68 and a high of €0.73, closing 6.9% lower at €0.68. A total of five transactions involving 16,506 shares were recorded.

Closing the week at its weekly high of €6.25, Malta International Airport plc increased by 1.6% after recovering from a low of €6.15. A combined 13,719 shares changed hands, with €85,323 recorded in turnover.

GO plc shed 5.3%to close at €2.50. A total of 15 deals worth €177,439 were executed, involving 70,947 shares.

Having plunged 12.8% from a high of €0.382, Malita Investments plc closed at its weekly low of €0.38. The real estate equity saw four deals bring 30,000 shares to market, amounting to €11,415 in traded value.

AX Real Estate plc ended the week unchanged at €0.49, with trading activity supported by the equity’s ongoing share buyback programme. A combined 328,333 shares changed hands across seventeen transactions, bringing total turnover to €160,817.

PG plc retreated 5.5% over the week, closing at €1.55, after trading as high as €1.60. The week’s activity comprised of eight deals covering 29,072 shares, worth €46,238 in total.

MedservRegis plc declined 5.8% to close at €0.65, with the equity trading at the same level throughout the week. A sole transaction of 1,400 shares was recorded, with €910 changing hands over the period.

Bank of Valletta plc has announced that during the six-month period ended June 30, 2026, the Group registered operating income of €251.3m, up 3% from €244m in the corresponding period, driven by higher net interest income from continued growth in the lending book. Profit after tax nonetheless fell to €79m from €89.5m, a decline of 11.8%, for basic earnings of €0.1231 per share, primarily reflecting a net credit loss charge in the period against a release in the prior year, together with higher operating costs arising from ongoing investment in staff, technology and regulatory initiatives. The Board declared an interim net dividend of €0.0523 per share, representing a payout ratio of 42.5% of profit after tax, payable on August 21, 2026.

APS Bank plc has announced that, at its board meeting held on July 30, 2026, the Board approved the Group’s condensed interim financial statements for the six-month period ended June 30, 2026. The Group delivered a record interim result, with profit after tax rising to €16.3m from €4.9m in the corresponding period, for earnings of €0.0082 per share. The strong performance was driven by robust growth in business volumes and a stronger, more diversified revenue base. The Board is declaring an interim net dividend of €4m or €0.0082 per share.

For the six months ended June 2026, Mapfre Malta plc registered profit after tax of €9.2m, down from €9.8m in the corresponding period, for earnings of €0.07 per share. The reduction was primarily attributable to a lower insurance service result, reflecting the impact of Storm Harry and the fireworks factory explosion earlier in the year as well.

During the six months ended June 2026, Malta International Airport plc has generated revenue of €82.5m, up 14.8% from €71.9m in the corresponding period, driven by a 15.6% increase in traffic to 5.2m passenger movements, while profit after tax rose to €29m, an increase of 18.5%. The Board approved an interim net dividend of €0.06 per share.

For the six months ended June 2026, Malta Properties Company plc registered rental income of €2.9m, up 29% from €2.3m in the corresponding period, driven mainly by the renovation and re-letting of previously vacant properties to new tenants. Profit after tax more than doubled to €1m from €0.5m.

MIDI plc has announced that it has redeemed its €50m 4% Secured Bonds in full on July 27, 2026, being their maturity date.

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]