BOV & MIA drag MSE Index in the red
MSE Daily Trading Report, 10 September, 2019
The MSE Equity Total Return Index failed to sustain yesterday’s positive performance is it closed 0.338% lower at 9,819.804 points. Out of 12 active equities, six declined while only one headed north. A total turnover of €433,270 was generated as 48 deals were executed.
The two main equities which dragged the index into negative territory were Bank of Valletta plc and Malta International Airport plc. Six deals involving 31,010 BOV shares pushed its downwards to €1.14 by 0.44%. A total turnover of €35,401 was recorded. Similarly, MIA traded 0.67% lower as 2,325 shares changed hands across two transactions. Total turnover stood at €17,205.
FIMBank was also active in the banking sector but closed unchanged at $0.65.
The only positive performer, GlobalCapital plc, registered a 25% gain as two deals involving 6,000 shares were executed.
In the property sector, MIDI plc declined to €0.61 by 3.94%. A total turnover of €40,632 was generated as 66,608 shares were spread over seven deals.
Similarly, two deals involving 3,000 Trident Estates plc shares pushed price lower by a further 0.53% to €1.86. Total turnover amounted to €5,580.
Malta Properties Company plc traded four times but closed unchanged at €0.68.
Four deals involving 1,900 PG plc shares generated a negative 1.16% movement as closing price stood at €1.70. A total turnover of €3,236 was generated.
Also trading in the red, International Hotel Investments plc closed at €0.805, translating into a fall of 0.62%. One deal of 3,00 shares resulted into a total turnover of €2,415.
Elsewhere, Simonds Farsons Cisk plc, GO plc and RS2 Software plc were all active but closed unchanged at €10.30, €4.38 and €1.90, respectively.
The Corporate Debt Market had a negative session, as out of 16 active issues, nine traded lower while only the 3.85% Hili Finance Company plc Unsecured € 2028 advanced. As six deals were executed, price went up by 1.79% to €101.89.
The Sovereign Debt Market also registered a negative performance as out of 16 active equities, 14 declined while the other two closed unchanged. The 2.5% MGS 2036 (I) headed the list of fallers as it closed 0.61% lower at €129.
The Equities traded today were:
| Symbol Code | Volume Traded | Value Traded | Trades | Closing Price | % Change |
| BOV | 31,010 | 35,401.40 | 6 | 1.140 | -0.44% |
| SFC | 1,577 | 16,243.10 | 1 | 10.300 | 0.00% |
| GO | 31,400 | 137,424.50 | 6 | 4.380 | 0.00% |
| IHI | 3,000 | 2,415.00 | 1 | 0.805 | -0.62% |
| GCL | 6,000 | 1,500.00 | 2 | 0.250 | 25.00% |
| FIM | 14,479 | 8,510.54 | 4 | 0.650 | 0.00% |
| MIA | 2,325 | 17,205.00 | 2 | 7.400 | -0.67% |
| RS2 | 74,942 | 140,857.51 | 9 | 1.900 | 0.00% |
| MDI | 66,608 | 40,632.26 | 7 | 0.610 | -3.94% |
| MPC | 34,680 | 24,265.12 | 4 | 0.680 | 0.00% |
| PG | 1,900 | 3,235.80 | 4 | 1.700 | -1.16% |
| TRI | 3,000 | 5,580.00 | 2 | 1.860 | -0.53% |
The Corporate Bonds traded today were:
| Closing Price | % Change | |
| 5% Hal Mann Vella Group plc Secured € 2024 | 106.250 | -0.28% |
| 4.25% Best Deal Properties Holding plc Secured € 2024 | 102.750 | -0.24% |
| 4.5% Izola Bank plc € Unsecured 2025 | 106.750 | 0.00% |
| 4.25% Corinthia Finance plc Unsecured € 2026 | 103.550 | -1.38% |
| 5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 | 100.270 | -0.01% |
| 4% MIDI plc Secured € 2026 | 105.000 | -0.94% |
| 3.75% Premier Capital plc Unsecured € 2026 | 103.850 | -0.14% |
| 4.35% SD Finance plc Unsecured € 2027 | 104.500 | 0.00% |
| 4% Eden Finance plc Unsecured € 2027 | 106.000 | 0.00% |
| 3.75% Virtu Finance plc Unsecured € 2027 | 104.000 | 0.00% |
| 3.75% Bortex Group Finance plc Unsecured € 2027 | 103.750 | -1.19% |
| 3.85% Hili Finance Company plc Unsecured € 2028 | 101.890 | 1.79% |
| 4% Exalco Finance plc Secured € 2028 | 105.000 | 0.00% |
| 4.15% Phoenicia Finance Company plc Unsecured € 2023-2028 | 104.250 | -0.23% |
| 3.65% Stivala Group Finance plc Secured € 2029 | 102.510 | -0.09% |
| 3.8% Hili Finance Company plc Unsecured € 2029 | 100.990 | -0.75% |
The Government Stocks traded today were:
| Closing Price | % Change | |
| 5% MGS 2021(I) | 109.950 | -0.03% |
| 4.3% MGS 2022 (II) | 112.070 | -0.03% |
| 5.1% MGS 2022(I) | 115.570 | -0.04% |
| 5.5% MGS 2023 (I) | 121.820 | -0.06% |
| 4.8% MGS 2028 (I) | 141.500 | -0.06% |
| 4.5% MGS 2028 (II) | 139.500 | -0.06% |
| 5.1% MGS 2029 (I) | 148.370 | -0.16% |
| 5.25% MGS 2030 (I) | 152.780 | -0.12% |
| 4.65% MGS 2032 (I) | 152.980 | 0.00% |
| 4.45% MGS 2032 (II) | 150.530 | -0.32% |
| 4.3% MGS 2033 (I) | 150.800 | -0.52% |
| 4.1% MGS 2034 (I) | 150.000 | 0.00% |
| 2.5% MGS 2036 (I) | 129.000 | -0.61% |
| 2.1% MGS 2039 (I) | 124.000 | -0.40% |
| 3% MGS 2040 (I) | 142.070 | -0.36% |
| 2.4% MGS 2041 (I) | 131.200 | -0.35% |
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].