MSE Equity Index gains ground

MSE Daily Trading Report, 10 October, 2019

The MSE Equity Total Return Index bounced back to positive territory, as it closed 0.628% higher at 9,909.647 points. Ten equities were active, of which five headed north while another two closed in the opposite direction. A total turnover of €284,038 was generated over 48 deals.

Two equities were active in the banking sector, of which Bank of Valletta plc registered a gain while HSBC Bank Malta plc closed unchanged. Eight deals involving 20,800 BOV shares generated a total turnover of €23,368.

The best performance, that of a 4.13% rise in price, was recorded by Simonds Farsons Cisk plc, as it closed at €12.60. Two deals involving 1,671 shares were executed and total turnover amounted to €20,227.

Similarly, eight deals involving 7,565 Malta International Airport plc shares, pushed the price 2% higher to €7.65. A total turnover of €57,697 was recorded.

In the property sector, two equities were active, of which Malta Properties Company plc closed 1.54% in the green while MIDI plc closed unchanged – at €0.66 and €0.69 respectively. The former generated a total turnover of €9,949 as 15,300 shares changed hands, while the latter generated a turnover of almost €55,000. Both equities were active over three deals.

RS2 Software plc shares managed to recoup yesterday’s loss, as it registered a 1.05% gain, to close at €1.93. A total turnover of €74,475 was generated as 38,819 shares changed ownership over nine deals.

Heading the list of fallers, GlobalCapital plc was down by 17.78% to €0.222. This was the result of a sole deal of 100 shares.

BMIT Technologies plc lost 2.83%, as it closed at €0.515. Nine deals involving 56,600 shares were executed. Total turnover stood at €29,402. Meanwhile, its parent company, GO plc, was active as 2,665 shares were traded across three transactions, generating a total turnover of €11,246. Its previous closing price of €4.22 was not impacted.

In the corporate debt market, 22 issues were active, of which two advanced while another 11 traded lower. The 5.1% 1923 Investments plc Unsecured € 2024 headed the list of gainers, as it closed 0.71% higher at €101.87.

In the sovereign debt market, out of 13 active issues, only the 4.6% MGS 2020 (II) registered a 0.43% gain, to close at €103.07. The rest closed in the red.                                                                              

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV20,80023,368.0081.1250.45%
HSB2,0002,700.0021.3500.00%
SFC1,67120,227.10212.6004.13%
GO2,66511,246.3034.2200.00%
GCL10022.2010.222-17.78%
MIA7,56557,697.0087.6502.00%
RS238,81974,475.1991.9301.05%
MDI79,70054,952.1530.6900.00%
MPC15,3009,949.0030.6601.54%
BMIT56,60029,401.5390.515-2.83%

The Corporate Bonds traded today were:

 Closing Price% Change
7.5% MeDirect Bank plc Subordinated EUR 2019100.0000.00%
3.65% GAP Group plc Secured € 2022102.0000.00%
6% Pendergardens Developments plc Secured € 2022 Series II110.0000.00%
4.25% GAP Group plc Secured € 2023100.250-3.23%
5.1% 1923 Investments plc Unsecured € 2024101.8700.71%
5.75% International Hotel Investments plc Unsecured € 2025106.250-0.01%
5.1% 6PM Holdings plc Unsecured € 2025100.200-0.79%
4.5% Hili Properties plc Unsecured € 2025104.0000.00%
4% MIDI plc Secured € 2026103.060-1.85%
4% International Hotel Investments plc Secured € 2026102.530-2.35%
3.75% Premier Capital plc Unsecured € 2026104.3100.00%
4% International Hotel Investments plc Unsecured € 2026102.0000.00%
4% International Hotel Investments plc Unsecured € 2026 FI102.6000.09%
4.35% SD Finance plc Unsecured € 2027104.510-0.70%
3.75% Tumas Investments plc Unsecured € 2027107.0000.00%
3.5% Simonds Farsons Cisk plc Unsecured € 2027108.250-1.14%
3.85% Hili Finance Company plc Unsecured € 2028101.000-0.49%
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028104.000-0.46%
3.65% Stivala Group Finance plc Secured € 2029102.550-0.44%
3.8% Hili Finance Company plc Unsecured € 2029100.0000.00%
3.5% Bank of Valletta plc € Notes 2030 S1 T1101.000-0.69%
4.25% Mercury Projects Finance plc Secured € 2031104.0000.00%

The Government Stocks traded today were:

 Closing Price% Change
4.6% MGS 2020 (II)103.0700.43%
5% MGS 2021(I)109.530-0.09%
4.3% MGS 2022 (II)111.710-0.10%
5.1% MGS 2022(I)115.140-0.11%
4.8% MGS 2028 (I)141.210-0.31%
2.3% MGS 2029 (II)119.940-0.36%
5.25% MGS 2030 (I)152.750-0.35%
5.2% MGS 2031 (I)156.550-0.72%
4.3% MGS 2033 (I)151.570-0.37%
4.1% MGS 2034 (I)152.400-0.39%
2.5% MGS 2036 (I)131.690-0.08%
2.1% MGS 2039 (I)126.240-0.62%
3% MGS 2040 (I)144.010-0.52%

 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].