Five equities drag MSE index lower

The MSE Total Return Index retracted by 0.341% today,to close the session at 8,713.536 points.A total of ten equities were active, half of which headed south while only two gained ground. In total, a turnover of €303,162 was generated across 50 transactions.

In the banking sector, €60,397 worth of shares inBank of Valletta plc were traded over 17 deals, however, the equity closed unchanged at €1.745.As a matter of fact, its peer, HSBC Bank Malta plc,also closed unchanged at €1.84 despite trading on slim volume.

The largest price change of the session was registered by telecommunications company, GO plc,as three transactions of a combined 6,800 shares were executed.

MaltaPost plc followed suit as it was down by 2.35%,to close at €1.66. This was the outcome of six transactions in whicha total of 3,965 shares changed ownership.

Simonds Farsons Cisk plc gained 1.41%,toclose at€7.20. This came as a result of a single deal worth a mere €2,916.

PG plc also closed in positive territory as one trade of 11,000 shares sent the equity 1.53% higher, to settle ata price of €1.33.

A single transaction of 1,500 MIDI plc shares had the opposite effect on the share price,as it dragged the price down by 0.41%, to close at €0.488.

Similarly, RS2 Software plc edged 0.81% lower as 14,000 shares were exchanged over four deals.

Malta Properties Company plc was the most liquid equity of the session as 283,500 shares changed hands over ten deals. The equity settled 3.85% lower at €0.50.

Elsewhere, Malta International Airport plc was the other active equity which closed unchanged at €5.

The sovereign debt market registered a very quiet session as just five issues were active. Yields were higher as four issues posted falls and just one traded lower. The 6.6% MGS 2019 topped the list of fallers with a modest 0.19% decline,while the 2.1% MGS 2039 was the only issue to head north by a minimal 0.09%andtoclose at€101.40.

Turnover in the corporate debt market was also rather weak,as it was just short of €160,000 spread over 12 issues. Fallers amounted to four while the solegainer was the 3.75% Tumas Investments plc Unsecured € 2027,as it climbed 0.14% to €104.25. On a negative notethe4% Stivala Group Finance plc Secured € 2027 logged the most significant price movement, a 1.92% fall in price,to close at €102.


The Equities traded today were:

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

34,747

60,396.98

17

1.745

0.00%

HSB

3,396

6,216.64

3

1.840

0.00%

SFC

405

2,916.00

1

7.200

1.41%

GO

6,800

22,612.44

3

3.300

-4.07%

MIA

6,000

30,000.00

4

5.000

0.00%

MTP

3,965

6,731.90

6

1.660

-2.35%

RS2

14,000

17,030.00

4

1.220

-0.81%

MDI

1,500

732.00

1

0.488

-0.41%

MPC

283,500

141,895.60

10

0.500

-3.85%

PG

11,000

14,630.00

1

1.330

1.53%



The Corporate Bonds traded today were:

 

Closing Price

% Change

4.25% Bank of Valletta plc € Notes 2019 Series 2 Tranche 1

101.500

0.00%

4.8% Bank of Valletta Plc Sub € 2020

102.250

-0.01%

5% GlobalCapital plc Unsecured € 2021

100.000

0.00%

4.4% Von der Heyden Group Finance plc Unsecured € 2024

102.850

0.00%

6% MeDirect Bank plc Subordinated Unsecured € 2019-2024

102.510

0.00%

5.1% 6PM Holdings plc Unsecured € 2025

92.950

-0.05%

5% Dizz Finance plc Unsecured € 2026

103.000

0.00%

4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026

104.000

0.00%

4% International Hotel Investments plc Unsecured € 2026

104.050

0.00%

4% Eden Finance plc Unsecured € 2027

104.000

-0.19%

3.75% Tumas Investments plc Unsecured € 2027

104.250

0.14%

4% Stivala Group Finance plc Secured € 2027

102.000

-1.92%



The Government Stocks traded today were:

 

Closing Price

% Change

6.6% MGS 2019

107.630

-0.19%

5.2% MGS 2031 (I)

142.560

-0.15%

2.2% MGS 2035 (I)

104.780

-0.15%

2.5% MGS 2036 (I)

108.960

-0.15%

2.1% MGS 2039 (I)

101.400

0.09%



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 info@jesmondmizzi.com.

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