Bank of Valletta plc pushes MSE Index higher
MSE Daily Trading Report, 09 September, 2019
The MSE Equity Total Return Index gained 0.227% to close the session at 9,853.115 points. A total of seven equities were active, of which three traded higher and four drifted lower. An unimpressive turnover of €77,379 was generated over 18 transactions.
The main driver of the positive performance was Bank of Valletta plc, as its share price climbed 1.33% to reach €1.145. This was the result of four deals of a combined 7,190 shares.
RS2 Software plc followed suit with a 1.06% increase in value, to close at a price of €1.90. A couple of transactions of 5,000 shares were recorded.
In the telecommunications sector, a sole deal of 475 GO plc shares shaved 0.45% off the share price, to close at €4.38.
Similarly, MaltaPost plc was down 1.48% as 6,400 shares traded over just one deal.
Malta International Airport plc traded four times as 4,000 shares changed ownership. The result was a 0.68% modest gain to €7.45.
In the property sector, Malta Properties Company plc registered the worst performance, as it was down 2.86% to €0.68. Traded volume totalled 27,000 shares over five deals.
Its peer, Trident Estates plc also drifted lower, as its share price declined 1.58% to €1.87. This was the outcome of one deal on slim volume.
In the Corporate Debt Market, 18 issues were active, of which 11 advanced while only two registered a loss. The best performer was the 5% Mediterranean Investments Holding plc Unsecured € 2022 as it closed 2.89% higher at €102.90.
In the Sovereign Debt Market, 17 issues were active, of which nine gained ground and seven closed lower. The 2.5% MGS 2036 (I) headed the list of gainers with a 0.47% decrease in price to € 131.66.
The Equities traded today were:
| Symbol Code | Volume Traded | Value Traded | Trades | Closing Price | % Change |
| BOV | 7,190 | 8,222.60 | 4 | 1.145 | 1.33% |
| GO | 475 | 2,080.50 | 1 | 4.380 | -0.45% |
| MIA | 4,000 | 29,776.40 | 4 | 7.450 | 0.68% |
| MTP | 6,400 | 8,512.00 | 1 | 1.330 | -1.48% |
| RS2 | 5,000 | 9,460.00 | 2 | 1.900 | 1.06% |
| MPC | 27,000 | 18,860.00 | 5 | 0.680 | -2.86% |
| TRI | 250 | 467.50 | 1 | 1.870 | -1.58% |
The Corporate Bonds traded today were:
| Closing Price | % Change | |
| 5.8% International Hotel Investments plc 2021 | 104.500 | 0.00% |
| 5% Mediterranean Investments Holding plc Unsecured € 2022 | 102.900 | 2.89% |
| 5% Hal Mann Vella Group plc Secured € 2024 | 106.550 | 0.28% |
| 5.1% 1923 Investments plc Unsecured € 2024 | 103.380 | 0.61% |
| 4.35% Hudson Malta plc Unsecured € 2026 | 104.500 | 0.00% |
| 5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 | 100.280 | -0.01% |
| 4% International Hotel Investments plc Secured € 2026 | 102.500 | 0.00% |
| 4% Merkanti Holding plc Secured € 2026 | 101.850 | -0.05% |
| 3.75% Premier Capital plc Unsecured € 2026 | 104.000 | 0.14% |
| 4% International Hotel Investments plc Unsecured € 2026 | 102.750 | 0.24% |
| 4% Eden Finance plc Unsecured € 2027 | 106.000 | 0.47% |
| 4.4% Central Business Centres plc Unsecured € 2027 S1/17 T1 | 105.000 | 0.48% |
| 3.5% Simonds Farsons Cisk plc Unsecured € 2027 | 108.000 | 0.00% |
| 3.75% Bortex Group Finance plc Unsecured € 2027 | 105.000 | 0.96% |
| 3.85% Hili Finance Company plc Unsecured € 2028 | 100.100 | 0.00% |
| 3.75% TUM Finance plc Secured € 2029 | 103.900 | 0.87% |
| 3.8% Hili Finance Company plc Unsecured € 2029 | 101.750 | 0.74% |
| 4.25% Mercury Projects Finance plc Secured € 2031 | 104.850 | 0.43% |
The Government Stocks traded today were:
| Closing Price | % Change | |
| 5.2% MGS 2020 (I) | 104.110 | 0.02% |
| 5% MGS 2021(I) | 109.980 | 0.00% |
| 4.3% MGS 2022 (II) | 112.100 | 0.01% |
| 5.1% MGS 2022(I) | 115.620 | 0.03% |
| 5.5% MGS 2023 (I) | 121.890 | -0.07% |
| 4.5% MGS 2028 (II) | 139.580 | 0.45% |
| 2.3% MGS 2029 (II) | 120.570 | -0.64% |
| 5.1% MGS 2029 (I) | 148.610 | -0.64% |
| 5.25% MGS 2030 (I) | 152.970 | -0.12% |
| 5.2% MGS 2031 (I) | 156.950 | -0.15% |
| 4.65% MGS 2032 (I) | 152.980 | 0.32% |
| 4.3% MGS 2033 (I) | 151.590 | 0.36% |
| 4.1% MGS 2034 (I) | 150.000 | -0.01% |
| 2.5% MGS 2036 (I) | 129.790 | 0.60% |
| 2.1% MGS 2039 (I) | 124.500 | -0.08% |
| 3% MGS 2040 (I) | 142.590 | 0.44% |
| 2.4% MGS 2041 (I) | 131.660 | 0.47% |
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].