MSE Daily Trading Report, 7 October, 2019

The MSE Equity Total Return Index increased for the third consecutive day as it added 0.221% to close the session at  9,937.727 points. A total 17 equities were active, of which seven gained ground, while six closed in the red. A total turnover of €553,063 was generated across 68 transactions.

Simonds Farsons Cisk plc shares reached a new all-time high of €11.50 – adding 3.6% to its share price. A total turnover of €70,345 was generated over three deals.

On similar turnover, MIDI plc shares registered the largest advancement during the session as the equity closed 3.76% higher at €0.69.

In the banking sector, HSBC Bank Malta plc, Lombard Bank Malta plc (Lombard), and FIMBank plc  all headed into positive territory closing the session at €1.41, €2.28 and $0.63 respectively. Lombard shares gained on improving volumes as five deals worth €126,243 were executed. Bank of Valletta plc closed the session 0.43% lower at €1.155.

Telecommunications firm GO plc shares, closed off the session in the red by 2.73% at €4.28. BMIT Technologies plc lost 2.83% as five deals worth €7,174 were recorded. Malta Properties Company plc shares also closed in negative territory with a 2.92% drop to finish a €0.665.

Insurance firm, Mapfre Middlesea plc shares were up by 1.85% to close the session at €2.20. A total turnover of €12,986 was generated between two deals.

International Hotel Investments plc shares gained 0.64% to close at €0.785 on thin trading.

A single deal of 4,800 shares in Grand Harbour Marina plc was enough to drag the equity’s price 7.58% lower. The share price of the marina operator closed at €0.61 on insignificant volumes.

Tigne Mall plc shares also closed the session in negative territory as the equity registered a loss of 2.66% at €0.915. A total turnover of €19,767 was registered between four deals.

Elsewhere, Plaza Centres plc, Malta International Airport plc, RS2 Software plc, and Malita Investments plc were all active but closed flat. 

In the corporate debt market, 16 issues were active, of which gainers ammounted to five, while six lost ground. The worst performer was the 4% International Hotel Investments plc Secured 2026 which closed 0.96% lower at €103.

In the sovereign debt market yields were higher as bond prices were revised lower. The long-dated 2.4% MGS 2041 declined by 0.49% and is now yielding 70 basis point.

                                                           

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	8,447	9,772.57	6	1.155	-0.43%
HSB	6,929	9,623.99	6	1.410	0.71%
LOM	55,798	126,243.48	5	2.280	0.88%
MMS	5,903	12,986.60	2	2.200	1.85%
SFC	6,117	70,345.50	3	11.500	3.60%
GO	2,300	9,844.00	2	4.280	-2.73%
IHI	9,398	7,422.43	3	0.785	0.64%
PZC	10,400	10,608.00	2	1.020	0.00%
FIM	60,000	34,429.37	3	0.630	1.61%
MIA	4,859	36,442.50	2	7.500	0.00%
GHM	4,800	2,928.00	1	0.610	-7.58%
RS2	33,403	64,219.03	8	1.920	0.00%
MDI	101,750	69,990.25	5	0.690	3.76%
MLT	60,260	53,342.70	8	0.895	0.00%
TML	21,500	19,767.50	4	0.915	-2.66%
MPC	11,666	7,922.89	3	0.665	-2.92%
BMIT	13,801	7,174.69	5	0.515	-2.83%

 

The Corporate Bonds traded today were:

	Closing Price	% Change
7.5% MeDirect Bank plc Subordinated EUR 2019	100.000	0.00%
6% Mediterranean Investments Holding plc Euro 2021	102.500	2.30%
4.9% Gasan Finance Company plc € 2019-2021	100.000	0.00%
4.25% Best Deal Properties Holding plc Secured € 2024	102.510	-0.48%
5.1% 6PM Holdings plc Unsecured € 2025	101.000	0.00%
4.5% Hili Properties plc Unsecured € 2025	103.550	0.53%
5.25% Central Business Centres plc Unsecured € 2025 S2T1	103.500	-0.48%
4% International Hotel Investments plc Secured € 2026	103.000	-0.96%
5% Dizz Finance plc Unsecured € 2026	100.510	-0.53%
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026	102.300	0.00%
3.75% Premier Capital plc Unsecured € 2026	104.000	0.10%
4.4% Central Business Centres plc Unsecured € 2027 S1/17 T1	102.010	0.01%
3.85% Hili Finance Company plc Unsecured € 2028	101.010	0.01%
4% SP Finance plc Secured EUR Bonds 2029	102.100	0.00%
3.65% Stivala Group Finance plc Secured € 2029	103.000	-0.48%
3.8% Hili Finance Company plc Unsecured € 2029	100.000	-0.20%

The Government Stocks traded today were:

	Closing Price	% Change
5% MGS 2021(I)	109.660	0.02%
3.3% MGS 2024 (I)	118.000	-0.04%
4.5% MGS 2028 (II)	139.540	-0.08%
2.3% MGS 2029 (II)	120.540	-0.09%
5.2% MGS 2031 (I)	158.000	-0.09%
4.3% MGS 2033 (I)	153.020	-0.10%
4.1% MGS 2034 (I)	153.450	-0.08%
2.5% MGS 2036 (I)	132.720	0.29%
2.1% MGS 2039 (I)	127.180	-0.64%
3% MGS 2040 (I)	145.200	-0.21%
2.4% MGS 2041 (I)	134.340	-0.49%

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].