During
the difficult economic climate in the past year, the Malta Stock
Exchange has provided an alternative for raising capital. €386
million have been raised and the successful issues indicate
confidence in the Maltese capital market.
The confidence in the Maltese financial services sector has
remained unchanged due to the prudence, reasonableness and
integrity of operators and issuers. This together with fair
treatment of investors has led to a reputation built on values.
The recently appointed chairman of the MSE, Dr Arthur Galea
Salamone, held that the prospects of the Exchange are looking
optimistic and in this regard the Exchange will adopt a
“heightened pro-active business approach.” There are plans for
the Exchange to continue to improve and expand the range of
products and services. This expansion will also serve to
continue the process of internationalisation of the Exchange.
This
strong reputation coupled with the Exchange’s modern standards,
offers an ideal business opportunity to issuers providing an
entry to the EU capital market and also to markets of non-EU
countries. Moreover, there is ongoing work to target small to
medium-sized businesses on a domestic level by the development
of the Exchange Regulated Market. This will allow such
enterprises to access the capital market with smaller equity and
bond issues.
Considering the above, the future development of the Exchange
promises good business opportunities for issuers, stockbrokers
and investors alike.