MSE Daily Trading Report, 30 August, 2019

The MSE Equity Total Return Index, sustained its negative stance registering a 0.133% decline, to close the session at 9,769.838 points. Today’s action was spread over eight equities, of which the gainers and fallers both tallied to two, while the remainder traded unchanged. Deals executed tallied to a total of 45, with a market value of €255,931.

RS2 Software plc shares, took most of the trading action, with 20 exchanges. The equity traded back and forth in the range of €1.85 and €1.92, to close unchanged at €1.91. Yesterday the company announced its interim results, reporting a profit of €4.0 million compared to last year’s €2.7 million.  

Shares of International Hotels Investments plc headed the fallers, declining 3.9% to close at €0.74. Eight deals of 94,106 shares were traded. Today the company announced its interim results reporting a profit after tax of €3.7 million and an increase revenues.

From the banking sector Bank of Valletta plc extended their positive run for this week, adding 1.81% in the process. The equity closed at €1.125, over six transactions of 23,950 shares. Peers, HSBC Bank Malta plc’s shares remained flat, over two transactions of 4,300 shares, which failed to veer the equity from the €1.50 mark.

Shares of Medserv plc notched 0.84% higher to €1.20, over six trades of 30,750 shares. Oppositely shares of Santumas Shareholdings plc declined by 1.22% over a single transaction of 9,200 shares. Shares of both Simonds Farsons Cisk plc and Malita Investments plc both closed unchanged at €10.30 and € 0.845 respectively.

In the Corporate Debt Market, 22 issues were active, of which nine gained ground, another nine remained unchanged and four headed south. Trading totalled to value of €448,757 spread 49 transactions.  The 4.5% Hili Properties plc Unsecured € 2025, headed the gainers as it notched 1.56%, to close at €103.59. Oppositely a single trade pulled the 4% International Hotel Investments plc Unsecured € 2026 issue 0.48% lower at €103.00.

In the Sovereign Debt Market, 13 of the 14 active issues headed south, breaking this week’s upward trend, despite remaining in net positive territory for the week. Today’s retreat comes over 33 transactions worth in excess of €2.5 million.  The 3% MGS 2040 (I) conceded a significantly higher loss compared to its peers, declining 1.59% to close at €142.14. Oppositely the 5.1% MGS 2029 (I) was the only outlier as it gained a marginal 0.09% to close at €149.56.

 

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	23,950	26,829.25	6	1.125	1.81%
HSB	4,300	6,450.00	2	1.500	0.00%
SFC	100	1,030.00	1	10.300	0.00%
IHI	94,106	69,903.44	8	0.740	-3.90%
MDS	30,750	36,760.00	6	1.200	0.84%
RS2	51,950	97,942.40	20	1.910	0.00%
MLT	2,500	2,112.50	1	0.845	0.00%
STS	9,200	14,904.00	1	1.620	-1.22%

 

The Corporate Bonds traded today were:

	Closing Price	% Change
3.65% GAP Group plc Secured € 2022	102.000	0.00%
4.25% GAP Group plc Secured € 2023	104.500	0.00%
6% AX Investments Plc € 2024	111.110	0.00%
5.3% Mariner Finance plc Unsecured € 2024	108.000	0.00%
5% Hal Mann Vella Group plc Secured € 2024	106.000	0.95%
5.1% 1923 Investments plc Unsecured € 2024	102.000	-0.29%
4.5% Hili Properties plc Unsecured € 2025	103.590	1.56%
5.25% Central Business Centres plc Unsecured € 2025 S2T1	104.000	0.00%
4.35% Hudson Malta plc Unsecured € 2026	103.900	0.87%
4.25% Corinthia Finance plc Unsecured € 2026	104.500	-0.47%
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026	100.300	-0.04%
3.75% Premier Capital plc Unsecured € 2026	103.850	0.01%
4% International Hotel Investments plc Unsecured € 2026	103.000	-0.48%
3.75% Mercury Projects Finance plc Secured € 2027	102.300	0.00%
4.35% SD Finance plc Unsecured € 2027	105.000	0.96%
3.75% Tumas Investments plc Unsecured € 2027	105.500	0.09%
3.75% Virtu Finance plc Unsecured € 2027	104.500	0.00%
3.75% Bortex Group Finance plc Unsecured € 2027	104.000	0.48%
3.85% Hili Finance Company plc Unsecured € 2028	101.950	0.01%
4% Exalco Finance plc Secured € 2028	105.000	0.00%
4% SP Finance plc Secured EUR Bonds 2029	102.190	0.09%
3.65% Stivala Group Finance plc Secured € 2029	102.450	0.00%

 

The Government Stocks traded today were

	Closing Price	% Change
5% MGS 2021(I)	110.170	-0.05%
4.3% MGS 2022 (II)	112.300	-0.13%
3.3% MGS 2024 (I)	118.420	-0.17%
4.5% MGS 2028 (II)	140.400	-0.18%
2.3% MGS 2029 (II)	121.350	-0.16%
5.1% MGS 2029 (I)	149.560	0.09%
5.25% MGS 2030 (I)	153.960	-0.11%
5.2% MGS 2031 (I)	157.980	-0.20%
4.65% MGS 2032 (I)	153.990	-0.21%
4.3% MGS 2033 (I)	151.870	-0.09%
2.5% MGS 2036 (I)	130.000	-0.74%
2.1% MGS 2039 (I)	125.700	-0.14%
3% MGS 2040 (I)	142.140	-1.59%
2.4% MGS 2041 (I)	133.110	-0.29%
5% MGS 2021(I)	110.170	-0.05%

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 [email protected].