Two equities push MSE index higher

The MSE Equity Total Return Index extended its positive run further, as gained 0.337% to close at 8,497.058 points. A total of eight equties were active; of which losers tallied to three and two equities traded higher. A total turnover of €139,872 was generated between 30 trades.

In the banking sector, Bank of Valletta plc drifted 0.57% lower to close €1.74. A total of four trades generated a total turnover of €41,500.

Conversely, HSBC Bank Malta plc shares posted a considerable gain of 3.55%, ending the session at €1.75. Four trades of a combined 21,335 shares were executed.

Also in the banking sector, Lombard Bank Malta plc closed 0.86% in the red at €2.30. A couple of trades of a combined 4,339 shares was recorded.

On a positive note,Trident Estates plc closed the session in positive territory by 0.65%, closing the session at €1.54. A total of 5,000 shares were exchanged hands over one deal.

In the property sector, Malta Properties Company plc was the best performer as a sole deal of 10,000 shares pushed the price up by 2.17% to €0.47.

A total of five transactions of 9,840 Trident Estates plc shares dragged the price down by a substantial 0.81% to a price of €1.23.

Yields in the sovereign debt market were up, as out of eight active issues, seven declined and another one gained ground. The long-dated 3% MGS 2040 (I)registered the largest decline, that of 0.51%, to close the session at €118.06. The 2.2% MGS 2035 (I) was the only positive mover, although the bond price climbed by just 0.03%.

In the corporate debt market, a total of 13 issues were active of which four appreciated in value and only two edged lower. The 5.1% 1923 Investments plc Unsecured € 2024 registered the largest advancement, as the issue increased by 1.37%, to close at €103.90. The 4.35% SD Finance plc Unsecured € 2027 on the other hand, was down by 0.05% to €104.95.


The equities traded today were:

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

23,800

41,500.00

4

1.740

-0.57%

HSB

21,335

36,958.42

9

1.750

3.55%

LOM

4,339

9,979.70

2

2.300

-0.86%

GO

23,619

82,194.12

6

3.480

0.00%

IHI

3,000

1,890.00

1

0.630

0.00%

RS2

9,840

11,925.96

5

1.230

-0.81%

MPC

22,000

10,340.00

1

0.470

0.00%

TRI

5,000

7,700.00

1

1.540

0.65%



The corporate bonds traded today were:

 

Closing Price

% Change

4.8% Bank of Valletta plc Notes 2018

100.000

0.00%

5.35% Bank of Valletta plc Sub € 2019

102.500

0.00%

6% Mediterranean Investments Holding plc Euro 2021

104.500

0.00%

5% Mediterranean Investments Holding plc Unsecured € 2022

102.240

-0.01%

4.4% Von der Heyden Group Finance plc Unsecured € 2024

101.000

0.00%

6% international hotel Investments plc € 2024

108.250

0.00%

6% MeDirect Bank plc Subordinated Unsecured € 2019-2024

102.500

0.00%

5.1% 1923 Investments plc Unsecured € 2024

103.900

1.37%

4.5% Medserv plc Unsecured € 2026

102.990

0.01%

4% International Hotel Investments plc Secured € 2026

104.500

0.48%

4.35% SD Finance plc Unsecured € 2027

104.950

-0.05%

4% Stivala Group Finance plc Secured € 2027

104.500

0.00%

3.75% Virtu Finance plc Unsecured € 2027

103.250

0.24%



The Government Stocks traded today were:

 

Closing Price

% Change

5.2% MGS 2020 (I)

110.680

-0.04%

4.3% MGS 2022 (II)

116.210

-0.11%

3.3% MGS 2024 (I)

116.940

-0.31%

4.8% MGS 2028 (I)

133.720

-0.31%

4.5% MGS 2028 (II)

131.000

-0.33%

2.2% MGS 2035 (I)

105.140

0.03%

2.1% MGS 2039 (I)

102.000

-0.19%

3% MGS 2040 (I)

118.060

-0.51%



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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