MSE index returns to positive territory as six equities trade higher

 

MSE Daily Trading Report, February 7, 2018

The MSE Equity Total Return Index returned to positive territory,gaining 0.184% to close the session at 8,609.994points. In the equities market, ten securitieswere active, of which sixheaded higher and only one closed lower.Total turnover amounted to €368,119 spread across 51 deals.

The banking industry was very active today as all four equities were traded. Bank of Valletta plc continued to trade within this week’s price range as it recovered yesterday’s marginal loss of 0.55% to recapture Monday’s price level of €1.82. Fimbank plc was the only negative mover as it plummeted by 7.35% to €0.63 as a result of a single transaction worth €4,118. HSBC Bank Malta plc and Lombard Bank Malta plc closed unchanged at €1.80 and €2.30  respectively despite being traded rather heavily, generating a considerable combined turnover of €105,567.

Trident Estates plc registered the best performance as it pushed forward by a further 11.8% to end the session at €1.80. Trading in the equity was spread over four trades of 8,500 shares.

MIDI plc was the most liquid equity on the day as trading volumes totalled 217,300 shares across six deals. The outcome was a 1.16% increase in value to close at €0.35. Also in the property sector, Malta Properties Company plc managed to turn around a portion of yesterday’s losses as it put on 0.99% to reach €0.51 over seven exchanges of a combined 39,317 shares.

In the Information technology sector, RS2 Software plcshares fluctuated between the daily low of €1.34 and its closing high of €1.36, translating to a 3.03% gain. Trading was conducted over ninetransactions with a value of €61,753.

A total of three transactions of 3,050 Malta International Airport plc shares pushed the share price upwards by 0.41% to €4.90.

Trading in corporate debt market was spread across 17 issues, ten of which closed higher, while five drifted lower. The5% GlobalCapital plc Unsecured € 2021was the best performer of the day as it posted gains of 2.99% to close at €98.90. The 5.5% Pendergardens Developments plc Secured € 2020 Series Ion the other hand traded 0.71% lower over slim volumes.

 

In the sovereign debt market, nine issues were active including four gainers and three fallers. The 4.3% MGS 2033 recorded the largest price movement, a 0.82% advancement in price. The 2.1% MGS 2039 traded flat at €102 despite generating an impressive turnover of €1,543,860.


The Equities traded today were:

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

28,836

52,591.52

8

1.820

0.55%

HSB

27,438

49,271.16

8

1.800

0.00%

LOM

24,472

56,285.60

3

2.300

0.00%

FIM

6,537

3,340.34

1

0.630

-7.35%

MIA

3,050

14,905.80

3

4.900

0.41%

MDS

16,735

19,412.60

2

1.160

0.00%

RS2

45,661

61,752.56

9

1.360

3.03%

MDI

217,300

75,249.00

6

0.350

1.16%

MPC

39,317

20,048.08

7

0.510

0.99%

TRI

8,500

15,262.45

4

1.800

11.80%



The Corporate Bonds traded today were:

 

Closing Price

% Change

5.35% Bank of Valletta plc Sub € 2019

102.010

-0.05%

5.5% Pendergardens Developments plc Secured € 2020 Series I

104.250

-0.71%

5% GlobalCapital plc Unsecured € 2021

98.900

2.99%

4.9% Gasan Finance Company plc € 2019-2021

104.500

-0.19%

5.3% United Finance Plc Unsecured € Bonds 2023

105.400

0.09%

4.4% Von der Heyden Group Finance plc Unsecured € 2024

99.500

0.00%

5.3% Mariner Finance plc Unsecured € 2024

109.000

1.40%

4.5% Hili Properties plc Unsecured € 2025

104.750

0.14%

4% MIDI plc Secured € 2026

104.000

1.46%

4% International Hotel Investments plc Secured € 2026

104.000

0.97%

3.75% Premier Capital plc Unsecured € 2026

103.600

0.09%

4.35% SD Finance plc Unsecured € 2027

104.000

-0.47%

5% MeDirect Bank Plc Subordinated Unsecured € 2022-2027

104.240

1.20%

4% Stivala Group Finance plc Secured € 2027

103.750

0.19%

3.75% Virtu Finance plc Unsecured € 2027

103.000

0.17%

3.75% Bortex Group Finance plc Unsecured € 2027

102.890

-0.01%

3.5% Bank of Valletta plc € Notes 2030 S2 T1

99.500

0.00%



The Government Stocks traded today were:

                                                                                      

Closing Price

% Change

4.8% MGS 2028 (I)

133.100

0.08%

2.3% MGS 2029 (II)

108.750

-0.28%

5.25% MGS 2030 (I)

140.760

0.01%

4.45% MGS 2032 (II)

133.420

-0.33%

4.3% MGS 2033 (I)

134.000

0.82%

2.5% MGS 2036 (I)

108.330

-0.27%

2.1% MGS 2039 (I)

102.000

0.00%

3% MGS 2040 (I)

117.000

0.42%

2.4% MGS 2041 (I)

106.000

0.00%



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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