Following three sessions of negativity the MSE index managed to snap a 0.152 per cent gain, as the recorded appreciations by BOV and MIA were a key determinant for the index positive close. The banking equity gained 0.4 per cent over 9,522 shares which were executed across six trades to close at Eur 2.29. From the aviation industry, MIA appreciated by 1.2 per cent or Eur 0.02, as 5,000 shares changed hands over a single trade to close at the Eur 1.72 price levels. On a negative note, one per cent was shaved off Maltapost shares, as two trades of 10,591 shares pushed the postal equity to Eur 0.99. Meanwhile the non-movers for the day were Lombard and Go which closed flat at Eur 2.60 and 0.89 respectively.

Low turnover was recorded in the Corporate Bond Market as total trading volume reached Eur 32,810 which was traded over four issues, of which one gained ground, two closed unchanged while the other posted a loss. Following recent negative sessions, the Government Stocks Market diverged to a dissimilar direction, as from the seven active issues all registered gains ranging from 0.05 per cent to 0.43 per cent. The 5.2% MGS 2031 long-dated issue re-affirmed its position as the most liquid as total volume amounted to 734,400 nominal.

 The Equities traded today were:-       

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

9,522

21,769.70

6

2.290

0.44%

LOM

1,100

2,860.00

1

2.600

0.00%

GO

15,072

13,495.08

9

0.890

0.00%

MIA

5,000

8,600.00

1

1.720

1.18%

MTP

10,591

10,483.27

2

0.990

-1.00%

                                                                                     

The Corporate Bonds traded today were:-

Closing Price

% Change

7.15% Mediterranean Investments Holding plc Euro 2015-2017

100.000

0.00%

6.6% Eden Finance plc 2017-2020

102.000

-0.49%

6% Simonds Farsons Cisk plc 2017 – 2020

103.310

0.01%

7.15% Melita Capital plc € 2014-2016

101.750

0.00%

The Government Stocks traded today were:-

Closing Price

% Change

6.45% MGS 2014 (II)

111.250

0.05%

6.65% MGS 2016

114.520

0.14%

4.8% MGS 2016 (II)

107.070

0.29%

4.6% MGS 2020 (II)

104.050

0.41%

5.2% MGS 2020 (I)

108.170

0.38%

5% MGS 2021(I)

105.800

0.43%

5.2% MGS 2031 (I) r

102.680

0.21%

This article, which was compiled by Atlas JMFS Investment Services Limited, does not intend to give investment advice and the contents therein should not be construed as such. Atlas JMFS 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 Atlas JMFS at 67, Level 3, South Street, Valletta, or on Tel: 21224410, or email [email protected]