MIA and HSBC shares move in opposite directions

MSE Daily Trading Report, 04 November, 2019

The MSE Equity Total Return Index edged minimally higher as it closed 0.034% higher at 9,818.773 points. Nine equities were active, of which gainers and losers tallied to two a-piece. A total turnover of €141,907 was generated over 21 transactions.

The best performer was Malta International Airport plc as two deals involving 2,000 shares resulted into a 2.07% increase to €7.40. Trading volume reached €14,800.

In the banking sector, three equities were active. Bank of Valletta plc traded six times over a spread of 16,380 shares. It generated a total turnover of €18,009 but left no impact on its previous closing price of €1.10 despite trading a daily low of €1.09.

Its peer, HSBC Bank Malta plc, headed the list of fallers with a 2.26% declined to finish at €1.30. A sole deal of 10,321 shares resulted into a total turnover of €13,417.

Meanwhile, Lombard Bank Malta plc was also active on slim volume but closed unchanged at €2.24.

In the property sector, three equities were active. Trident Estates plc registered a 0.66% gain to close at €1.52. A total turnover of €12,088 was generated as 8,000 shares changed hands across four transactions.

On the other hand, Malita Investments plc performed negatively as it closed at €0.905, translating into a 0.55% fall in price. Two deals involving 1,600 shares were executed, generating a total turnover of €1,449.

MIDI plc was also active but closed unchanged at €0.710 albeit trading twice over a spread of 101,453 shares. The equity was the most liquid one for the day as total turnover stood at €72,032.

Both Grand Harbour Marina plc and RS2 Software plc were active over a single deal but closed unchanged at €0.55 and €2.00, respectively.

In the corporate debt market, out of 17 active issues, six headed north while another three closed in the opposite direction. The 6% AX Investments Plc € 2024 headed the list of gainers with a 1.76% rise to €114.

In the sovereign debt market, yields were up as the Central Bank of Malta revised Government Bond Prices lower. The 2.4% MGS 2041 (I) saw the largest decline as it ended the session at €130.39.

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV16,38018,009.3061.1000.00%
HSB10,32113,417.3011.300-2.26%
LOM400896.0022.2400.00%
MIA2,00014,800.0027.4002.07%
GHM2,9001,595.0010.5500.00%
RS23,8117,622.0012.0000.00%
MDI101,45372,031.6320.7100.00%
MLT1,6001,448.5020.905-0.55%
TRI8,00012,087.7441.5200.66%

 The Corporate Bonds traded today were:

 Closing Price% Change
5.5% Mediterranean Investments Holding plc Unsecured € 2020100.0000.00%
6% Medserv plc Sec. & Grntd €  Notes 2020-2023 S1 T1100.9000.00%
6% AX Investments Plc € 2024114.0001.76%
4.4% Von der Heyden Group Finance plc Unsecured € 2024101.9900.20%
5.1% 1923 Investments plc Unsecured € 2024101.8800.00%
4.5% Izola Bank plc € Unsecured 2025108.0000.00%
5.1% 6PM Holdings plc Unsecured € 2025101.0000.00%
4.5% Hili Properties plc Unsecured € 2025102.0200.00%
4.35% Hudson Malta plc Unsecured € 2026105.0001.45%
3.9% Plaza Centres plc Unsecured € 2026101.5500.05%
5% Dizz Finance plc Unsecured € 2026102.5000.49%
4% International Hotel Investments plc Unsecured € 2026 FI101.5000.59%
3.85% Hili Finance Company plc Unsecured € 2028100.200-1.28%
4% Exalco Finance plc Secured € 2028105.1000.00%
3.75% TUM Finance plc Secured € 2029102.020-1.41%
3.65% Stivala Group Finance plc Secured € 2029102.0000.00%
3.8% Hili Finance Company plc Unsecured € 2029100.000-0.10%

The Government Stocks traded today were:

Closing Price% Change
5% MGS 2021(I)109.080-0.04%
5.5% MGS 2023 (I)120.640-0.09%
4.5% MGS 2028 (II)137.500-0.45%
5.25% MGS 2030 (I)150.540-0.46%
4.3% MGS 2033 (I)149.770-0.62%
4.1% MGS 2034 (I)150.050-0.73%
2.5% MGS 2036 (I)129.230-0.84%
2.1% MGS 2039 (I)125.000-0.60%
3% MGS 2040 (I)141.260-1.01%
2.4% MGS 2041 (I)130.390-1.14%

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].