Tag: mse
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Stocks up but bonds down
Despite the Maltese stock market hitting an all-time high last week, corporate bonds ended the week lower compared to their close in the previous week. The MSE Corporate Bonds Total Return Index fell by 0.5% to 1,154.01 points. Out of 74 active corporate bond issues, only 13 advanced, while 35 closed in the red. The…
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Malta’s Stock Market hits an all time-high on RS2 spike
Malta’s stock market quietly hit an all-time high last week, on Friday, June 12, as the MSE Equity Total Return Index rose to 10,111.863 points. The previous recorded peak was in 2019, when the index reached 10,009.94 points on September 30. The index was bumped by a sudden spike of the stock price of RS2.…
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MSE rallies to new 52-week high driven by banks, real-estate, Farsons, MIA and MedservRegis
The Malta Stock Exchange has extended its rally in 2026, with the MSE Equity Total Return Index rising from 8,903.51 points at the end of 2025 to 9,626.126 points today, an increase of around 8.1% since the start of the year. Earlier this week, the index touched 9,641.433 points, its official 52-week high. This is…
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Bank of Valletta’s stock takes a beating after Unicredit halves stake but still in second place
Updated: The Times of Malta has just released an article reporting that Hili Ventures bought Unicredit’s stake of BOV. Read it here. BOV’s stock price has taken a beating after Unicredit halved its stake in the bank, pushing BOV further behind in the race for the place of the best performing stock of the year.…
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Judge me by my trading volume
The Chairman of Malta Stock Exchange, Joseph Portelli, has recently landed in hot water (or actually, in the press), for being a board member of OKX’s subsidiary in Malta, while its subsidiary was being investigated by the FIAU for KYC violations. Joseph Portelli, not the Joseph Portelli the property mogul, (but coincidentally, also a Gozitan),…
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VBL’s stock crashes up to 15% during last Friday’s session: down 42% since launch
VBL’s stock price crashed by 15% during the last Friday session at the Malta Stock Exchange. The stock is down by 42% since its launch in October 2021.They also launched €10 million in bonds last November at 5.25%. VBL PLC is a real-estate company focusing on Valletta, and owns different kinds of real-estate in Valletta…
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More from the business of borrowing money to buy more junk
Another participant in the shady business of borrowing money to buy junk assets are DF Advocates who bought Bank of Valletta’s non-performing debt for around €26 million. Kevin Deguara and Jean Carl Farrugia of DF Advocates are being charged in the Vitals and Steward money-laundering case. DF Advocates bought BOV’s junk loans with Polymath &…
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Despite soaring NAV and great results BOV is still not getting a lot of love at the MSE
Bank of Valletta’s market cap is still relatively undervalued according to its net-asset value (NAV) which should be above 2 per share according to estimates by various sources. The stock popped 6.7% after the bank released its half yearly results, yet, despite the very good results and pop in price, there are still too many…