BOV and HSBC push MSE Index marginally higher

MSE Daily Trading Report, January 10, 2018

The MSE Equity Total Return Index returned to positive territory as it posted marginal gains of 0.043%, ending the session at 8,641.539 points. A total of 33 deals in seven equities generated an unimpressive turnover of €77,714, as gainers and fallers amounted to two each.

Bank of Valletta plc was the most liquid equity despite generating a turnover of only €43,025 over 20 trades - just over a quarter of the turnover generated yesterday. The equity recovered some of yesterday’s losses as it climbed 0.84%, to finish trading at €1.795.

In the same sector,HSBC Bank Malta plc followed suit by posting gains of 0.57%, to reach €1.76. This was the result of four deals in which 10,851 shares changed hands.

International Hotel Investments plc logged the worst performance of the day, as it posted falls of 2.38%, to close at €0.615. The equity was traded on four occasions, in which €4,170 worth of shares were exchanged.

A couple of trades involving 10,000 shares of Malta Properties Company plc notched the price 0.91% lower, to sette at €0.436.

Elsewhere, GO plc, Malta International Airport plc and PG plc were all traded once during the session, but these transactions had no effect on the respective equity prices.

In the corporate debt market, performances were mixed as out of a total of ten active issues, three headed north and two closed lower. The 4% International Hotel Investments plc Secured € 2026 was the strongest performer, as it closed 0.49% higher, at €103. At the other end of the spectrum, the 4.5% Hili Properties plc Unsecured € 2025 registered a fall of 0.11%.

 

The sovereign debt market however was dominated by selling pressure, as nine out of 11 active issues lost ground. The 2.1% MGS 2039 topped the list of fallers as it depreciated by 1.27%.


The Equities traded today were:

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

23,988

43,025.23

20

1.795

0.84%

HSB

10,851

19,097.76

4

1.760

0.57%

GO

1,400

4,928.00

1

3.520

0.00%

IHI

6,774

4,170.27

4

0.615

-2.38%

MIA

20

95.20

1

4.760

0.00%

MPC

10,000

4,372.00

2

0.436

-0.91%

PG

1,447

2,025.80

1

1.400

0.00%



The Corporate Bonds traded today were:

 

Closing Price

% Change

6% International hotel Investments plc € 2024

107.980

0.00%

5.3% Mariner Finance plc Unsecured € 2024

107.480

-0.01%

5.1% 1923 Investments plc Unsecured € 2024

104.000

0.00%

4.5% Hili Properties plc Unsecured € 2025

104.390

-0.11%

4% International Hotel Investments plc Secured € 2026

103.000

0.49%

3.75% Premier Capital plc Unsecured € 2026

102.500

0.00%

4.35% SD Finance plc Unsecured € 2027

103.500

0.00%

4% Eden Finance plc Unsecured € 2027

104.000

0.00%

3.75% Virtu Finance plc Unsecured € 2027

103.000

0.15%

3.75% Bortex Group Finance plc Unsecured € 2027

102.640

0.19%



The Government Stocks traded today were:

 

Closing Price

% Change

5% MGS 2021(I)

117.380

-0.04%

5.1% MGS 2022(I)

122.530

-0.22%

5.5% MGS 2023 (I)

127.780

-0.23%

3.3% MGS 2024 (I)

117.710

0.06%

4.5% MGS 2028 (II)

131.200

-0.27%

4.45% MGS 2032 (II)

134.180

-0.45%

4.3% MGS 2033 (I)

133.490

-1.02%

4.1% MGS 2034 (I)

131.350

1.59%

2.5% MGS 2036 (I)

107.640

-0.11%

2.1% MGS 2039 (I)

100.700

-1.27%

3% MGS 2040 (I)

114.980

-0.45%



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. Jesmond Mizzi Financial Advisors Limited is licensed to conduct investment services by the MFSA and is a Member Firm 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 at 67, Level 3, South Street, Valletta, or on Tel: 21224410, or email.

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