Positive MSE Index as BOV and HSBC trade higher

MSE Daily Trading Report, 31 October, 2019

The MSE Equity Total Return Index gained ground as it registered a 0.163% gain to 9,861.640 points. Ten equities were active, if which five headed north while another two declined. A total of 27 deals generated a total turnover of € 168,408.

In the banking sector, both active equities gained momentum. A sole deal of 4,500 Bank of Valletta plc shares resulted into a 1.85% increase in price to €1.10, generating a total turnover of €4,950.  Its peer, HSBC Bank Malta plc, registered a 0.76% gain to close at €1.33. Seven deals involving 23,129 shares resulted into a total turnover of €30,476.

The best performer was in the property sector, as MIDI plc closed 2.90% higher at €0.71. A total turnover of €14,185 was recorded as 20,000 shares changed ownership over two deals. Similarly, two deals involving 20,000 Malita Investments plc shares resulted into a positive 0.55% movement in price, to close at €0.91. Total turnover stood at €18,183.

Conversely, Tigne’ Mall plc was down by 0.55% to €0.905 as a single deal of 3,300 shares was executed. A total turnover of €2,987 was recorded.

Meanwhile, Trident Estates plc remained unchanged at €1.51. A total turnover of €21,455 was generated as two deals involving 14,299 shares were executed.

RS2 Software plc traded six times over 21,849 shares, ending the session with a total turnover of €43,837. As a result, price was up by 1% to €2.02.

A sole deal of 1,500 International Hotel Investments plc shares pushed its price 2.96% lower to €0.820.  Total turnover amounted to €1,230.

Elsewhere, MaltaPost plc and BMIT Technologies plc were both active but closed unchanged at €1.26 and €0.53, respectively.

In the corporate debt market ten issues were active, of which three registered gains while another four lost ground. The best performer was the 3.85% Hili Finance Company plc Unsecured € 2028  as it closed 1% higher at €101.50.

In the sovereign debt market, 16 issues were active of which only one closed in the red, while the rest traded higher. The 2.1% MGS 2039 (I) headed the list of gainers with a 0.72% increase to €125.06.

 The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV4,5004,950.0011.1001.85%
HSB23,12930,475.7371.3300.76%
IHI1,5001,230.0010.820-2.96%
MTP19,89225,063.9241.2600.00%
RS221,84943,837.0062.0201.00%
MDI20,00014,185.0020.7102.90%
MLT20,00018,182.5020.9100.55%
TML3,3002,986.5010.905-0.55%
TRI14,29921,454.9921.5100.00%
BMIT11,4006,042.0010.5300.00%

 The Corporate Bonds traded today were:

 Closing Price% Change
3.65% GAP Group plc Secured € 2022102.0000.00%
6% International Hotel Investments plc € 2024107.000-1.38%
5.1% 1923 Investments plc Unsecured € 2024101.8800.00%
4.25% Best Deal Properties Holding plc Secured € 2024102.000-0.10%
4% International Hotel Investments plc Secured € 2026103.9900.96%
4% Merkanti Holding plc Secured € 2026101.0000.00%
4.35% SD Finance plc Unsecured € 2027104.480-0.02%
4% Stivala Group Finance plc Secured € 2027104.800-0.19%
3.85% Hili Finance Company plc Unsecured € 2028101.5001.00%
3.8% Hili Finance Company plc Unsecured € 2029100.1400.14%

 The Government Stocks traded today were:

Closing Price% Change
4.6% MGS 2020 (II)102.310-0.03%
5% MGS 2021(I)109.1200.02%
4.3% MGS 2022 (II)111.2900.04%
5.1% MGS 2022(I)114.6400.05%
4.5% MGS 2028 (II)138.0000.24%
2.3% MGS 2029 (II)118.7900.13%
5.1% MGS 2029 (I)146.7500.40%
5.25% MGS 2030 (I)151.2600.44%
5.2% MGS 2031 (I)154.9900.08%
4.65% MGS 2032 (I)152.0400.48%
4.45% MGS 2032 (II)149.9200.46%
4.3% MGS 2033 (I)150.5000.49%
2.5% MGS 2036 (I)130.0500.47%
2.1% MGS 2039 (I)125.0600.72%
3% MGS 2040 (I)142.5000.61%
2.4% MGS 2041 (I)131.0000.06%

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].