MSE Trading Report for week ending October 23,

2009

Negative week for the MSE Index

Losses

in four trading sessions lowered the Malta

Stock Exchange Index by 2.05 per cent week-on-week, closing Friday’s

session at 3,114.326 points. The Index registered a rise only on Wednesday, an

increase of 0.439 per cent, with losses in the other sessions of 0.755 per

cent, 1.054 per cent, 0.139 per cent, and 0.548 per cent. Twelve equities were

traded this week, with three closing in positive territory, four remaining unchanged,

and five closing in negative territory.

A total

of 282 deals were registered over the week with a turnover of over EUR 18.04m,

including three put-through trades of EUR 13,959. In the equity market 137 deals were executed for a total value of EUR 555,733,

while in the corporate bond market 101

transactions were registered for a value traded of over EUR 1.39m. A total of 33

deals were registered in the government

bond market for a value of over EUR 13.51m. This week, the MGS most traded was the 7.5% MGS 2011, with a value traded of over EUR 10.94m. In

the treasury bills market a total of

eight transactions were registered for a total value of over EUR 2.56m.

Lombard Bank plc was the only gainer from the banking

sector this week, having recovered last week’s loss. The equity closed the week

at EUR 2.50, a rise of EUR 0.05, with 8,800 shares changing hands over seven deals.

This rise was registered on Tuesday, having remained unchanged on other trading

sessions.

The

share price of FIMBank plc

registered one of its worst weeks of the year, registering a staggering decline

of 8.33 per cent, closing the week at USD 1.10, a decline of USD 0.10. The

equity was the most traded in volume, with 245,244 shares changing hands on 16

deals, for a total value of EUR 184,659.

Bank of Valletta plc remained unchanged throughout the week,

closing at EUR 3.35, with 31,403 shares changing hands on 37 deals, having

traded at EUR 3.389. Investors are eagerly awaiting the financial results of

the Group to be announced next Friday.

HSBC Bank Malta plc lost almost all of last week’s EUR 0.06

gains, as the equity registered a decline of EUR 0.05. The closing share price

for the week was EUR 2.75, a decrease of just under 1.8 per cent, as 21,225

shares changed hands over 19 transactions. HSBC traded at a high of EUR 2.81,

reached on Monday, and a low of EUR 2.75. HSBC registered gains of 0.36 per

cent and 0.97 per cent on Monday and Wednesday respectively, with higher losses

of 1.42 per cent and 1.68 per cent being registered on Tuesday and yesterday

respectively.

GO

plc continued to register

gains this week, as the equity was the best performer, with an increase of 2.53

per cent. Gains were registered throughout the week, except for Tuesday, were

the equity remained unchanged, with gains ranging from 0.06 per cent and 1.27

per cent. GO closed the week at EUR 1.62, a rise of EUR 0.04, as 28,765 shares

changed hands across 20 deals.

The share price of Medserv plc reached a new

yearly high of EUR 3.999, at

which the equity closed the week. The equity registered a volume of 23,150

shares on eight transactions, closing the week with a rise of 1.24 per cent.

Island Hotels Group Holdings plc registered its first upward movement on the

MSE on Tuesday, with a rise of EUR 0.05. This rise was subsequently erased on

Thursday, as the share price retreated to EUR 1.00, at which the equity closed

the week unchanged, with 6,500 shares changing hands on four deals.

A loss of EUR 0.009 on Wednesday, and a rise of the same amount registered

yesterday, left the share price of MaltaPost plc unchanged at EUR 0.70, with 10,346 shares changing hands on nine

deals.

International Hotel Investments plc registered a decrease of 6.7 per cent this

week, closing the week at EUR 0.821, as 19,972 shares changed hands on three

deals, thus losing EUR 0.059 on the week.

Santumas Shareholdings plc closed the week unchanged at EUR 2.50, with 2,500

shares changing hands over five transactions.

Malta

International Airport

registered a loss of 2.22 per cent, or EUR 0.05, on Tuesday, closing the week

at EUR 2.20, as the equity registered four trades of 1,058 shares.

A rise

of 2.48 per cent registered on Wednesday was not sufficient for the share price

of Simonds Farsons Cisk plc (SFC) to register a rise on the week, as SFC registered a decline of 3.03 per cent

yesterday, Week-on-week, the equity lost 0.62 per cent, closing at EUR 1.60,

with 4,790 shares changing hands on five deals.

This

article, which was compiled by Jesmond Mizzi, Managing Director of Jesmond

Mizzi Financial Services Limited (JMFS), does not intend to give investment

advice and the contents therein should not be construed as such.  JMFS is licensed to conduct investment

services by the MFSA. 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 JMFS at 67/3, South Street, Valletta

or on Tel: 21224410 or email [email protected].