MSE Daily Trading Report, 14 October, 2019

Continuing on last week’s streak, the MSE Equity Total Return Index lost a further 0.743% as it closed at €9,833.098 points. A total of 12 equities were active, of which one headed north while another five ended the session in negative territory. A spread of 306,501 shares changed hands over 36 deals, generating a total turnover of €569,232.

Two equities were active in the banking sector, of which both registered a loss. HSBC Bank Malta plc headed the list of fallers as it closed at €1.31 –translating into a 2.96% decline in price. Such negative movement was the outcome of four deals involving 6,498 shares. Total turnover stood at €8,598.

Its peer, Bank of Valletta plc lost 0.89% to end the session at €1.11. A total of 12,888 shares changed hands across seven deals, generating a total turnover of €14,308.

Malta International Airport plc also registered a negative performance as it closed 1.96% lower at €7.50. Total turnover stood at €97,290 as 12,950 shares changed ownership over four transactions.

Three deals involving 25,000 International Hotel Investments plc shares pushed its price 0.65% lower to €0.77. A total turnover of €19,275 was recorded.

The most liquid equity was Mapfre Middlesea as a sole deal of 128,669 shares was executed. Total turnover stood at €272,778 as price fell down to €2.12 by 0.93%.

The only gainer was in the property sector as MIDI plc registered a 0.72% gain to close at €0.695. Six deals involving 39,247 shares generated a total turnover of €27,116.

Trident Estates plc was also active in the property sector as 26,650 shares changed hands over two deals. Its previous closing price of €1.92 was not impacted despite reaching €1.93 during the day. A total turnover of €61,054 was generated.

The telecommunications company, GO plc, traded 1,800 shares over one deal but closed unchanged at €1.11. Total turnover stood at €7,560. Similarly, its subsidiary, BMIT Technologies plc, also executed a single deal of 120 shares. Price of €0.53 was left unchanged during the whole session.

Elsewhere, Plaza Centres plc, Grand Harbour Marina plc and RS2 Software plc were alla ctive but closed unchanged at €1.02, €0.59 and €1.93, respectively.

In the corporate debt market, out of 25 active issues, six advanced while another seven closed in negative territory. The best performer was the 3.75% Bortex Group Finance plc Unsecured € 2027 as it closed 0.67% higher at €104.50.

In  the sovereign debt market 13 issues were active, of which three registered gains while the rest closed in the red. The 3.3% MGS 2024 (I) topped the gainers list by slightly higher at €117.64 by 0.03%. Meanwhile, the 2.2% MGS 2035 (I) recorded the largest fall in price of 0.77%, to close at €125.56.

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	12,888	14,307.68	7	1.110	-0.89%
HSB	6,498	8,598.34	4	1.310	-2.96%
MMS	128,669	272,778.28	1	2.120	-0.93%
GO	1,800	7,560.00	1	4.200	0.00%
IHI	25,000	19,275.00	3	0.770	-0.65%
PZC	29,200	29,784.00	4	1.020	0.00%
MIA	12,950	97,290.00	4	7.500	-1.96%
GHM	3,179	1,875.61	1	0.590	0.00%
RS2	15,300	29,529.00	2	1.930	0.00%
MDI	39,247	27,115.87	6	0.695	0.72%
TRI	31,650	61,054.50	2	1.920	0.00%
BMIT	120	63.60	1	0.530	0.00%

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	0.00%
3.65% GAP Group plc Secured € 2022	102.000	-0.24%
5% Mediterranean Investments Holding plc Unsecured € 2022	100.510	0.00%
4.4% Von der Heyden Group Finance plc Unsecured € 2024	101.170	-1.77%
6% International Hotel Investments plc € 2024	107.100	0.09%
5% Tumas Investments plc Unsecured € 2024	110.000	0.00%
5.1% 1923 Investments plc Unsecured € 2024	101.870	0.00%
5.75% International Hotel Investments plc Unsecured € 2025	106.300	0.05%
4.5% Hili Properties plc Unsecured € 2025	104.000	0.00%
4% International Hotel Investments plc Secured € 2026	102.530	0.00%
4% Merkanti Holding plc Secured € 2026	102.250	-0.24%
5% Dizz Finance plc Unsecured € 2026	101.500	0.00%
3.75% Premier Capital plc Unsecured € 2026	104.310	0.00%
4% International Hotel Investments plc Unsecured € 2026 FI	102.300	-0.29%
3.75% Mercury Projects Finance plc Secured € 2027	103.400	-0.10%
4% Eden Finance plc Unsecured € 2027	106.000	-0.93%
5% MeDirect Bank Plc Subordinated Unsecured € 2022-2027	104.500	-0.48%
4% Stivala Group Finance plc Secured € 2027	105.000	0.47%
3.75% Bortex Group Finance plc Unsecured € 2027	104.500	0.67%
3.85% Hili Finance Company plc Unsecured € 2028	100.200	0.00%
3.75% TUM Finance plc Secured € 2029	104.250	0.00%
3.65% Stivala Group Finance plc Secured € 2029	103.000	0.44%
3.8% Hili Finance Company plc Unsecured € 2029	100.000	0.00%
3.5% Bank of Valletta plc € Notes 2030 S1 T1	100.100	0.09%

The Government Stocks traded today were:

5% MGS 2021(I)	Closing Price	% Change
4.3% MGS 2022 (II)	109.480	0.02%
3.3% MGS 2024 (I)	111.660	0.01%
4.8% MGS 2028 (I)	117.640	0.03%
4.5% MGS 2028 (II)	140.760	-0.32%
5.1% MGS 2029 (I)	138.000	-1.10%
4.45% MGS 2032 (II)	147.340	-0.57%
4.3% MGS 2033 (I)	150.930	-0.11%
4.1% MGS 2034 (I)	151.120	-0.10%
2.2% MGS 2035 (I)	151.460	-0.62%
2.5% MGS 2036 (I)	125.560	-0.77%
2.1% MGS 2039 (I)	130.700	-0.08%
3% MGS 2040 (I)	125.730	-0.40%

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].