MSE

Trading Report for week ending November 13, 2009

MSE

Index hits 3,300 mark

The Malta

Stock Exchange Index surpassed the 3,300 mark for the first time in 2009, reaching

a new high of 3,315.857 points, registering a rise of 2.26 per cent, continuing

to improve the Index’s year-to-date performance. The only loss registered this

week was of 0.132 per cent on Thursday, having registered the highest rise of

the week yesterday of 1.331 per cent. Twelve equities were traded this week, with

nine closing in positive territory, two remaining unchanged, and one closing in

negative territory.

A total of 266 deals were registered over

the week with a turnover of over €12.29m. In the equity market 145 deals were executed for a total value of €503,855,

while in the corporate bond market 79

transactions were registered for a value traded of €628,466. A total of 30 deals

were registered in the government bond

market for a value of €505,972. In the treasury

bills market, a total of eight transactions were registered for a total

value of over €10.63m.

HSBC

Bank Malta plc was the best performing equity from the banking

sector, as all banking equities registered gains this week. HSBC registered a

rise of 4.91 per cent, having registered 24 transactions of 29,660 shares. The closing

share price for the week was €2.99, a rise of €0.14. HSBC registered gains of

2.11 per cent and 3.1 per cent on Wednesday and yesterday respectively, while decreasing

on Monday by 0.35 per cent. Year-to-date, the equity is now at a positive 10.74

per cent. Yesterday, HSBC issued the Interim Directors’ Statement in which they

outlined the performance of the Bank in the third quarter.

Lombard

Bank plc registered

gains of €0.10, closing the week at €2.75. The equity registered six deals of

5,774 shares, as a result edging 3.77 per cent higher on the week. Lombard

traded only during the first two days of the week, both ending in positive

territory, lessening further the year-to-date loss, which stands at 8.33 per

cent.

Bank of

Valletta plc, for a second consecutive week registered the highest

number of trades, as 68,483 shares changed hands across 69 deals, for a total

value of €259,675. Throughout the week the equity traded at a low of €3.76 and

a high of €3.80. BOV decreased on Wednesday and Thursday, while having

increased on the first and last sessions of the week.

The share price of FIMBank plc registered a rise of 0.44 per cent, as 32,985 shares

were traded over ten transactions. The closing share price for the week stands

at $1.145, a mere gain of $0.005.

For the third week in a row GO plc closed the week on a positive

note as yesterday the equity reached a high for the week of €1.72. Four

positive trading sessions were registered during the week, while in the

mid-week session the price did not change. The equity recorded a volume of

36,304 shares over fifteen transactions, therefore edging 3.61 per cent higher

on the week. GO’s year-to-date loss is now just under 1.85 per cent.

Middlesea

Insurance plc traded only on Monday when 500 shares changed hands

across 2 deals. The price was left unchanged when compared to the previous week

at €1.25.

Simonds

Farsons Cisk plc saw a rise of 3.12 per cent in its share

price, having closed the week at €1.65, as 6,250 shares traded on a single

deal.

Likewise, Crimsonwing only traded once on Tuesday

as 7,000 shares changed hands. The equity was the best

performer this week as the price went up by 6.9 per cent, and closed the week

at €0.31. 

Meanwhile International Hotel Investments plc (IHI) closed the week at the

€0.85 mark, as 6,945 shares were traded over five deals. The equity traded only

on Wednesday and Friday, as the price was left unchanged.

Plaza

Centres plc closed the week in decline as only 200 shares changed

hands across two transactions, for the price of €1.60.

Medserv

plc registered

a slight increase of 0.05 per cent as the price reached a high of €4. The

equity traded only during the opening and closing sessions of the week, as

8,260 shares were transacted over 6 deals.

MaltaPost

plc, saw

a rise in its share price, having closed the week at €0.602, an increase of

0.33 per cent over the previous week. A total 5,206 shares changed hands across

four 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]