MSE Index continues in positive territory
MSE Daily Trading Report, 25 October, 2019
The MSE Equity Total Return Index continued to trade in positive territory as it advanced a further 0.632% to close at 9,877.082 points. A total of 13 equities were active, of which six headed north while another three closed in the opposite direction. A total turnover of €342,464 was generated over 63 deals.
In the banking sector, HSBC Bank Malta plc, registered a positive 2.36% price movement, to close at €1.30. A total of 21,023 shares with a value of €26,860 changed ownership across eight deals.
Its peer, Bank of Valletta plc closed unchanged at €1.10, despite a traded volume of 40,629 shares traded over nine deals.
In the same sector, FIMBank plc registered four trades, as 13,284 shares changed hands. The share price temporarily fell to $0.62 but eventually recovered to close unchanged at $0.64.
In the food and beverage sector, a sole deal of 600 Simonds Farsons Cisk plc shares had no impact on the share price of €12.10.
Meanwhile, in the telecommunications sector, GO plc was up 0.46% to close at €4.36. A couple of transactions of 2,200 shares were executed.
Following yesterday’s impressive rally, International Hotel Investments plc surrendered a portion of its gains, as a single deal of 3,000 shares dragged the share price a minimal 0.59% lower to €0.845.
Malta International Airport plc climbed 0.69% to €7.30, as three transactions of 3,400 shares were executed.
Medserv plc continued on a negative trend as its share price retracted 1.67% to €1.18. This was the outcome of five trades of 45,549 shares.
Trident Estates plc followed suit with a 5% price drop, to close at €1.52. A total of 13,100 shares traded over five deals.
Also in the property sector, MIDI plc traded in opposite direction by 1.42% to close at €0.715. The equity generated a turnover of €31,382.60 across five deals.
The most liquid equity was Tigne Mall plc, as €59,655 worth of shares were exchanged across nine deals. In spite of the high level of activity, the share price close unchanged at €0.94.
Elsewhere, a single transaction of 5,250 PG plc shares pushed the price upwards by a modest 1.08% to €1.87.
Similarly, RS2 Software plc advanced 1.02% to €1.98 as a result of ten deals of 23,820 shares.
In the corporate debt market, out of 15 active issues, 6 registered a loss and four headed north. T largest price movement was recorded by the 4% International Hotel Investments plc Unsecured € 2026 FI which closed 1.23% higher at €102.
In the sovereign debt market, 14 issues were active, of which eight advanced while the five closed in the red. The 2.1% MGS 2039 (I) headed the list of fallers, as it settled at €126 – resulting into a substantial 2.33% decrease.
The Equities traded today were:
| Symbol Code | Volume Traded | Value Traded | Trades | Closing Price | % Change |
| BOV | 40,629 | 44,430.71 | 9 | 1.100 | 0.00% |
| HSB | 21,023 | 26,860.02 | 8 | 1.300 | 2.36% |
| SFC | 600 | 7,260.00 | 1 | 12.100 | 0.00% |
| GO | 2,200 | 9,577.86 | 2 | 4.360 | 0.46% |
| IHI | 3,000 | 2,535.00 | 1 | 0.845 | -0.59% |
| FIM | 13,284 | 7,531.68 | 4 | 0.640 | 0.00% |
| MIA | 3,400 | 24,970.00 | 3 | 7.300 | 0.69% |
| MDS | 45,549 | 51,604.88 | 5 | 1.180 | -1.67% |
| RS2 | 23,820 | 46,847.02 | 10 | 1.980 | 1.02% |
| MDI | 44,140 | 31,382.60 | 5 | 0.715 | 1.42% |
| TML | 65,529 | 59,654.84 | 9 | 0.910 | 0.00% |
| PG | 5,250 | 9,817.50 | 1 | 1.870 | 1.08% |
| TRI | 13,100 | 19,992.00 | 5 | 1.520 | -5.00% |
The Corporate Bonds traded today were:
| Closing Price | % Change | |
| 5% GlobalCapital plc Unsecured € 2021 | 95.500 | -2.75% |
| 5% Mediterranean Investments Holding plc Unsecured € 2022 | 101.000 | 0.50% |
| 6% International Hotel Investments plc € 2024 | 108.500 | 0.00% |
| 5.1% 1923 Investments plc Unsecured € 2024 | 101.150 | 0.00% |
| 4.25% Best Deal Properties Holding plc Secured € 2024 | 102.150 | -0.05% |
| 5.1% 6PM Holdings plc Unsecured € 2025 | 101.000 | 0.45% |
| 5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 | 100.600 | 0.00% |
| 4% MIDI plc Secured € 2026 | 105.000 | 0.00% |
| 4% Merkanti Holding plc Secured € 2026 | 102.000 | 0.49% |
| 5% Dizz Finance plc Unsecured € 2026 | 102.000 | 0.00% |
| 4% International Hotel Investments plc Unsecured € 2026 FI | 102.000 | 1.23% |
| 3.75% TUM Finance plc Secured € 2029 | 102.000 | -1.21% |
| 3.8% Hili Finance Company plc Unsecured € 2029 | 100.000 | -0.10% |
| 4.25% Mercury Projects Finance plc Secured € 2031 | 103.000 | -0.77% |
| 3.75% Bank of Valletta plc Unsecured Sub € 2026-2031 | 101.990 | -0.01% |
The Government Stocks traded today were:
| Closing Price | % Change | |
| 5% MGS 2021(I) | 109.200 | -0.04% |
| 4.3% MGS 2022 (II) | 111.400 | 0.03% |
| 3.3% MGS 2024 (I) | 117.320 | -0.03% |
| 4.8% MGS 2028 (I) | 140.290 | 0.01% |
| 4.5% MGS 2028 (II) | 138.000 | 0.00% |
| 2.3% MGS 2029 (II) | 119.270 | 0.14% |
| 5.1% MGS 2029 (I) | 146.690 | -0.22% |
| 5.25% MGS 2030 (I) | 151.380 | 0.14% |
| 5.2% MGS 2031 (I) | 155.790 | 0.19% |
| 4.1% MGS 2034 (I) | 151.000 | 0.04% |
| 2.5% MGS 2036 (I) | 130.380 | -0.09% |
| 2.1% MGS 2039 (I) | 126.000 | -2.33% |
| 3% MGS 2040 (I) | 142.720 | 0.25% |
| 2.4% MGS 2041 (I) | 131.890 | 0.28% |
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].
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