Edward Rizzo analyses the latest financial results of the three largest retail banks in Malta – BOV, HSBC and APS

Edward Rizzo says that one cannot exclude other takeovers taking place across the Maltese capital market in the near future

An investment of $100 into Berkshire Hathaway in 1965 would have grown to a current value of over €4.3 million

Equities can now be traded for free on the Malta Stock Exchange

Edward Rizzo says ‘the strong momentum in the first half of 2024 augurs well for the next six months’

Efforts to revive the local capital market ‘very positive and reassuring,’ says Edward Rizzo

Shareholders should monitor Farsons' development of its food business, says Edward Rizzo

Trading activity on the Malta Stock Exchange has dropped to very anaemic levels over recent years

The high interest rate environment has left a very positive impact on BOV and HSBC

'The rising interest rate environment across the eurozone translated into elevated profits for the banking sector'

In Malta, companies are obliged to report on semi-annually, while some the large companies also provide quarterly info

The 10, 5, 3 rule which gives a rough indication of the average rate of return across different asset classes

A strong financial performance enabled the company to increase dividend distribution as well as to repay bank borrowings

Yields on longer-term bonds in the EU have not increased the same way TBills have following ECB interest rate hikes

This latest bull market is considered to have begun on 13th October 2022