HSBC pulls MSE Index into positive territory

MSE Daily Trading Report, 30 September, 2019

The MSE Equity Total Return Index returned into positive territory as it closed 0.338% higher at 10,009.936 points. Out of 15 active equities, seven headed north while another two closed in the opposite direction. A total turnover of €456,666 was generated across 70 transactions.

Three equities were active in the banking sector, of which one registered a gain while the other two closed unchanged. HSBC Bank Malta plc was up by 2.14% to €1.43 as a sole deal of 3,000 shares was executed. Total turnover amounted to €4,290.

Its peer, Bank of Valletta plc, closed unchanged at €1.17 despite trading six times a spread of 102,084 shares. A total turnover of €119,082 was recorded. Similarly, Lombard Bank Malta plc also closed unchanged at €2.26. A total turnover of €2,486 was generated as a single deal of 1,100 shares was executed.

The best performance of 8% was recorded by GlobalCapital plc as it closed at €0.27. One deal of 9,721 shares generated a total turnover of €2,625.

In the property sector, all three active equities headed north. MIDI plc closed 6.45% higher at €0.66 as five deals involving 21,500 shares were executed. A total turnover of €13,133 was recorded.

Similarly, but to a lesser extent, one deal of 14,000 Malta Properties Company plc shares impacted its price with a positive 0.70%, as it closed at €0.715. Total turnover stood at €10,010.

Also in the property sector, Trident Estates plc registered a positive 0.54% movements in price. It ended the session with a total turnover of €15,122 as price went up to €1.86. A total of 8,130 shares changed ownership over two deals.

The telecommunications company, GO plc, increased to €4.38 as four deals involving 9,510 shares were executed. A total turnover of €41,654 was generated.

Its subsidiary, BMIT Technologies plc, was the most liquid equity during today’s session. A total of 148,165 shares changed hands across 17 deals, generating a total turnover of €78,572. As a result, price was up by 0.94% to close off at €0.535.

On the other side of the spectrum, two deals involving 10,000 International Hotel Investments plc shares pushed its price into the red. Price declined to €0.86 by 1.15% and a total turnover of €8,600 was recorded.

PG plc was also negatively impacted by a 0.53% change in price to €1.87. Total turnover amounted to €84,616 as six deals involving 45,150 shares were executed.

Three deals involving 2,144 Malta International Airport shares left no impact on its last traded price of €7.40. Total turnover amounted to €15.866.

Elsewhere, Simonds Farsons Cisk plc, MaltaPost plc and RS2 Software plc were all active but closed unchanged at €11.10, €1.35 and €1.91, respectively.

In the corporate debt market, out of 23 active issues, five registered gains while another 12 declined. The 5.1% 1923 Investments plc Unsecured € 2024 headed the list of gainers with a 0.89% rise to €102. Conversely, the highest fall in price of 0.99% was recorded by two issues, being the 5.1% 6PM Holdings plc Unsecured € 2025 and the 5.5% Mediterranean Investments Holding plc Unsecured € 2020. Both ended the session at par.

In the sovereign debt market, 15 issues were active, of which only one generated a positive return while the rest traded lower. The 2.2% MGS 2035 (I) increased to €125.74 by 0.08%.                                                                         

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV102,084119,081.63161.1700.00%
HSB3,0004,290.0011.4302.14%
LOM1,1002,486.0012.2600.00%
SFC90610,056.60311.1000.00%
GO9,51041,653.8044.3800.46%
IHI10,0008,600.0020.860-1.15%
GCL9,7212,624.6710.2708.00%
MIA2,14415,865.6037.4000.00%
MTP4,8006,405.7231.3500.00%
RS223,26044,149.0051.9100.00%
MDI21,50013,133.2950.6606.45%
MPC14,00010,010.0010.7150.70%
PG45,15084,616.5061.870-0.53%
TRI8,13015,121.8021.8600.54%
BMIT148,16578,571.95170.5350.94%

The Corporate Bonds traded today were:

 Closing Price% Change
5.5% Mediterranean Investments Holding plc Unsecured € 2020100.000-0.99%
3.65% GAP Group plc Secured € 2022102.0000.00%
6% Pendergardens Developments plc Secured € 2022 Series II110.0000.00%
6% Medserv plc Sec. & Grntd €  Notes 2020-2023 S1 T1100.700-0.10%
6% AX Investments Plc € 2024114.8500.31%
4.4% Von der Heyden Group Finance plc Unsecured € 2024102.000-0.96%
5% Hal Mann Vella Group plc Secured € 2024105.700-0.52%
5.1% 1923 Investments plc Unsecured € 2024102.0000.89%
5.1% 6PM Holdings plc Unsecured € 2025100.000-0.99%
4.5% Hili Properties plc Unsecured € 2025102.910-0.08%
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026100.5000.00%
4% Merkanti Holding plc Secured € 2026102.0000.00%
5% Dizz Finance plc Unsecured € 2026102.000-0.48%
4% International Hotel Investments plc Unsecured € 2026102.000-0.49%
4% International Hotel Investments plc Unsecured € 2026 FI102.890-0.01%
4.35% SD Finance plc Unsecured € 2027105.750-0.24%
4% Eden Finance plc Unsecured € 2027105.350-0.61%
3.75% Tumas Investments plc Unsecured € 2027107.0000.42%
4% Stivala Group Finance plc Secured € 2027103.9000.00%
3.75% Bortex Group Finance plc Unsecured € 2027104.0000.24%
4% SP Finance plc Secured EUR Bonds 2029102.0000.39%
3.8% Hili Finance Company plc Unsecured € 2029100.290-0.01%
3.5% Bank of Valletta plc € Notes 2030 S2 T1100.0000.00%

The Government Stocks traded today were:

Closing Price% Change
5.2% MGS 2020 (I)103.780-0.12%
5% MGS 2021(I)109.700-0.03%
5.5% MGS 2023 (I)121.560-0.02%
4.5% MGS 2028 (II)139.480-0.37%
2.3% MGS 2029 (II)120.490-0.71%
5.1% MGS 2029 (I)148.430-0.19%
5.2% MGS 2031 (I)157.100-0.36%
4.65% MGS 2032 (I)153.550-0.29%
4.3% MGS 2033 (I)152.000-0.33%
4.1% MGS 2034 (I)152.200-0.52%
2.2% MGS 2035 (I)125.7400.08%
2.5% MGS 2036 (I)131.200-0.57%
2.1% MGS 2039 (I)126.530-0.55%
3% MGS 2040 (I)144.410-0.06%
2.4% MGS 2041 (I)133.500-0.55%

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].