MSE Index rises further

MSE Daily Trading Report, 24 September, 2019

The MSE Equity Total Return Index registered a further 0.319% gain to 9,986.558 points. Eight issues were active involving 27 transactions and generating a total turnover of €237,727.

In the banking sector, two equities were active. Three deals involving 19,607 Bank of Valletta plc shares dragged its price downwards by 0.85%, to €1.16. A total turnover of €22,914 was recorded.  Meanwhile, 297 HSBC Bank Malta plc shares were transacted over one deal, but closed unchanged at €1.42.

Heading the list of gainers with 5.71% was PG plc, which closed at €1.85. A total turnover of €15,984 was generated, as 8,640 shares exchanged hands over four deals.

International Hotel Investments plc recorded a positive 3.57%, as it closed at €0.87. As 57,048 shares changed hands across five deals, the equity registered the highest liquidity. Total turnover amounted to €49,366.

In the property sector, Malita Investments plc was up by 1.17% to close at €0.865. Two deals involving 9,847 shares were executed. Total turnover stood at €8,533.

Four deals involving 8,310 Malta International Airport plc shares dragged the price into the red, to close off at €7.40. Such movements translated into a 1.33% decline. A total turnover of €62,291 was recorded.

Elsewhere, GO plc and RS2 Software plc were both active but closed unchanged at €4.36 and €1.91, respectively.

In the corporate debt market, 15 issues were active, of which four headed north while five closed in the opposite direction. The best performer was the 4.25% GAP Group plc Secured € 2023 as it closed 1.77% higher at €103.50. On the other hand, the 3.75% Bank of Valletta plc Unsecured Sub € 2026-2031 registered a 1.76% decline, to settle at €100.20 over a sole deal.

In the sovereign debt market, out of 13 active issues, nine registered gains while the rest declined. The 4.65% MGS 2032 (I) headed the list of gainers, with a 0.85% rise, to close at €154.00.                                                                               

The Equities traded today were:

The Corporate Bonds traded today were:

The Government Stocks traded today were:

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].