Positive MSE Index as MIA gains ground

The MSE Equity Total Return Index returned to positive territory as it closed 0.395% higher at 9,749.276 points. Eight equities were active in the equities market, of which gainers and lossers tallied to one apiece. A total turnover of €463,538 was generated over 37 deals.

The only positive performer was Malta International Airport plc as a sole deal of 250 shares pushed its price 3.47% higher to €7.45. Total turnover stood at €1,863.

In the banking sector, only Bank of Valletta plc was active over 11 deals involving 24,202 shares. It generated a total turnover of €26,380. In spite of the significant turnover, no change was recorded to the price of €1.09.

A negative performance of 2.67% was recorded in the property sector, as Tigne Mall plc declined to €0.91, despite reaching a high price of €0.94 during the session. A total turnover of €38,358 was generated as seven deals involving 41,800 shares were executed.

In the same sector, MIDI plc was the most liquid equity as over half a million shares changed ownership over seven deals. A total turnover of €352,156 was generated. The share price closed unchanged at €0.695.

Meanwhile, Santumas Shareholdings plc was also active as a single deal of 30 shares was struck. It’s previous closing price of €1.49 was not impacted.

Elsewhere, RS2 Software plc traded flat at €1.96 over three deals of 9,600 shares.

Similarly, three transactions of 1,621 GO plc shares were all executed at €4.20. Its subsidiary, BMIT Techonoliges plc also closed unchanged at €0.53 over four transactions of 36,250 shares.

In the corporate debt market, 16 issues were active, of which six headed north while another three closed in the red. The 3.65% Stivala Group Finance plc Secured € 2029 headed the list of gainers as it closed 0.97% higher at €104.

In the sovereign debt market, all 14 active isssues closed lower as yields increased. The 2.4% MGS 2041 (I) registered the largest fall in price of 0.75% as it closed at €131.57.

The Equities traded today were:

Symbol Code Volume Traded Value Traded Trades Closing Price % Change
BOV 24,202 26,380.18 11 1.090 0.00%
GO 1,621 6,808.20 3 4.200 0.00%
MIA 250 1,862.50 1 7.450 3.47%
RS2 9,600 18,816.00 3 1.960 0.00%
MDI 507,076 352,155.82 7 0.695 0.00%
TML 41,800 38,358.00 7 0.910 -2.67%
STS 30 44.70 1 1.490 0.00%
BMIT 36,250 19,112.50 4 0.530 0.00%

The Corporate Bonds traded today were:

  Closing Price % Change
7.5% MeDirect Bank plc Subordinated EUR 2019 0.00% 0.000
4.8% Bank of Valletta Plc Sub € 2020 0.00% 0.000
6% Pendergardens Developments plc Secured € 2022 Series II 0.00% 0.000
6% International Hotel Investments plc € 2024 0.00% 0.000
5.3% Mariner Finance plc Unsecured € 2024 0.92% 1.000
5% Hal Mann Vella Group plc Secured € 2024 -1.61% -1.700
4.5% Hili Properties plc Unsecured € 2025 0.48% 0.500
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 -0.24% -0.240
4% MIDI plc Secured € 2026 0.00% 0.000
4% International Hotel Investments plc Secured € 2026 0.00% 0.000
5% Dizz Finance plc Unsecured € 2026 0.25% 0.250
3.75% Premier Capital plc Unsecured € 2026 0.00% 0.000
4% International Hotel Investments plc Unsecured € 2026 FI -0.68% -0.700
3.65% Stivala Group Finance plc Secured € 2029 0.97% 1.000
3.8% Hili Finance Company plc Unsecured € 2029 0.17% 0.170
3.5% Bank of Valletta plc € Notes 2030 S1 T1 0.05% 0.050

 The Government Stocks traded today were:

Closing Price

% Change

4.6% MGS 2020 (II) 102.480 -0.04%
5% MGS 2021(I) 109.340 -0.05%
4.3% MGS 2022 (II) 111.500 -0.03%
5.1% MGS 2022(I) 114.860 -0.14%
3.3% MGS 2024 (I) 117.360 -0.24%
4.8% MGS 2028 (I) 140.510 -0.14%
4.5% MGS 2028 (II) 138.200 -0.27%
5.2% MGS 2031 (I) 155.680 -0.14%
4.65% MGS 2032 (I) 152.560 -0.14%
4.3% MGS 2033 (I) 150.580 -0.16%
4.1% MGS 2034 (I) 150.890 -0.38%
2.5% MGS 2036 (I) 130.090 -0.18%
2.1% MGS 2039 (I) 124.500 -0.60%
2.4% MGS 2041 (I) 131.570 -0.75%

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].