MSE Index posts further gains

Local Daily Report 05.09.2019

The MSE Equity Total Return Index continued on a positive path as it posted a further 0.53% gain to close at 9,829.712 points. In the equities’ market, out of 12 active issues, five traded higher while four closed in the red. An impressive turnover of €1.3 million was generated across 37 deals.

Bank of Valletta plc was up 1.79% to reach the highest price since mid-July of €1.14. A relatively slim volume of 5,310 shares traded over three deals.

The best performer of the session was in the insurance sector, as Mapfre Middlesea plc hiked 3.88% to €2.14. This was the outcome of a couple of transactions of a combined 5,000 shares.

Malta International Airport plc also pushed the index higher, as the share price advanced 2.78% to €7.40. In total, five deals of a combined 5,566 shares were executed.

In the property sector, Tigne Mall plc topped the list of fallers as the share price sank 5.26% to €0.90. A substantial volume of just over one million shares traded over three deals.

MIDI plc followed suit with a 4.69% price drop to €0.61. A turnover of €38,329 was generated over five transactions.

Similarly, a sole deal of 194 Main Street Complex plc shares dragged the share price 1.64% lower to €0.60.

Plaza Centres plc traded 1.98% in the opposite direction, reaching €1.03. A total of 150,000 shares traded over three transactions.

In the same sector, Malita Investments plc climbed a modest 0.58% to €0.865 over just one deal of 2,721 shares.

Elsewhere, retail conglomerate, PG plc registered a single transaction of 2,500 shares at €1.66, translating to a 0.6% loss in value.

Meanwhile BMIT Technologies plc traded flat as two deals of 10,000 shares were struck at €0.52.

Likewise, GO plc traded flat at €4.42, also over two deals of 10,000 shares.

RS2 Software plc generated a turnover of €80,729, however, the share price closed unchanged at €1.90.

In the Corporate Debt Market, 16 issues were active, of which four advanced while six registered a loss. The best performer was the 5% MeDirect Bank Plc Subordinated Unsecured € 2022-2027 as it closed 1.81% lower at €100.10.

In the Sovereign Debt Market, all 15 active issues closed lower. The 3% MGS 2040 (I) headed the list of fallers with a 0.57% decrease in price to €143.39.

 

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV5,3106,048.4031.1401.79%
MMS5,00010,700.0022.1403.88%
GO10,00044,200.0024.4200.00%
PZC150,000154,500.0031.0301.98%
MIA5,56640,372.6057.4002.78%
RS242,71380,728.8291.9000.00%
MDI62,50038,329.0050.610-4.69%
MLT2,7212,353.6710.8650.58%
TML1,000,075900,067.5030.900-5.26%
PG2,5004,150.0011.660-0.60%
MSC194116.4010.600-1.64%
BMIT10,0005,200.0020.5200.00%

The Corporate Bonds traded today were:

 Closing Price% Change
5% GlobalCapital plc Unsecured € 202199.700-0.20%
3.65% GAP Group plc Secured € 2022102.0000.00%
4.4% Von der Heyden Group Finance plc Unsecured € 2024102.500-0.92%
6% MeDirect Bank plc Subordinated Unsecured € 2019-2024100.250-0.25%
5.1% 1923 Investments plc Unsecured € 2024102.5000.49%
4.25% Best Deal Properties Holding plc Secured € 2024103.000-0.48%
5.25% Central Business Centres plc Unsecured € 2025 S2T1104.0000.00%
4% Merkanti Holding plc Secured € 2026101.9000.38%
5% MeDirect Bank Plc Subordinated Unsecured € 2022-2027105.0002.44%
3.75% Virtu Finance plc Unsecured € 2027104.500-0.48%
3.85% Hili Finance Company plc Unsecured € 2028100.100-1.81%
4% SP Finance plc Secured EUR Bonds 2029102.0000.00%
3.75% TUM Finance plc Secured € 2029103.5000.00%
3.65% Stivala Group Finance plc Secured € 2029102.5000.00%
3.8% Hili Finance Company plc Unsecured € 2029100.1000.10%
3.5% Bank of Valletta plc € Notes 2030 S2 T1100.0000.00%

The Government Stocks traded today were:

Closing Price% Change
4.6% MGS 2020 (II)103.050-0.08%
5% MGS 2021(I)110.000-0.21%
5.5% MGS 2023 (I)121.980-0.13%
4.8% MGS 2028 (I)142.090-0.31%
4.5% MGS 2028 (II)139.770-0.36%
5.25% MGS 2030 (I)153.160-0.45%
5.2% MGS 2031 (I)157.180-0.53%
4.65% MGS 2032 (I)153.210-0.55%
4.45% MGS 2032 (II)151.020-0.42%
4.3% MGS 2033 (I)151.850-0.08%
4.1% MGS 2034 (I)151.150-0.24%
2.5% MGS 2036 (I)130.280-0.44%
2.1% MGS 2039 (I)125.800-0.55%
3% MGS 2040 (I)143.390-0.57%
2.4% MGS 2041 (I)132.550-0.53%

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].