HSBC pushes MSE Index higher

MSE Daily Trading Report, 14 November, 2019

The MSE Equity Total Return Index advanced by a further 0.117% to 9,857.015 points – as 13 equities were active. Gainers tallied to four while another three closed in the red. A total turnover of €242,175 was generated over 44 deals.

In the banking sector, HSBC Bank Malta registered a further 1.56%, increase to close at €1.30. This was the result of six deals involving 14,472 shares and which generated a total turnover of €18,700.

Bank of Valletta plc was also active as it traded seven times over 33,903 shares. The equity did not manage to recoup its previous loss, as it closed unchanged at €1.095. A total turnover of €37,075 was generated.

Seven deals involving 13,410 Lombard Bank Malta plc shares, pushed the price 1.79% higher to €2.28. Total turnover amounted to €30,399.

Telecommunications Company GO plc was up, this time by 0.47%, as it closed at €4.26. A total of two deals involving 3,195 shares were executed while turnover stood at €13,587. Meanwhile, its subsidiary, BMIT Technologies plc, was also active over two trades involving 47,000 shares. The previous closing price of €0.52 was however not impacted and total turnover stood at €24,420.

In the property sector, four equities were active. Trident Estates plc increased by 0.67%, to close at €1.51, as four deals with a spread of 29,281 were executed. The equity was the most liquid one, as total turnover stood at €44,092.

On the other hand, MIDI plc declined by 2.82%, to settle at €0.69. A total of 11,500 shares changed ownership over two deals. Total turnover amounted €7,935.

A sole deal of 4,000 Malita Investments plc shares dragged the price into the red by 1.62%, to close at €0.91. A total turnover of €3,640 was generated.

Meanwhile, Malta Property Company plc was also active but closed unchanged once again at €0.66. The equity was active over two deals on slim volume.

International Hotel Investment plc registered a total turnover of €8,015, as 9,500 shares changed hands across four deals. This left no impact on the previous closing price of €0.85.

Heading the list of fallers, Grand Harbour Marina plc closed 9.09% lower at €0.50. A total turnover of €25,000 was generated, as two deals involving 50,000 shares were executed.

Elsewhere, Simonds Farsons Cisk plc and Medserv plc were both active but closed unchanged at €11.50 and €1.30, respectively.

In the corporate debt market, 20 issues were active, of which five headed north while another eight closed in the opposite direction. The best performer was the 4.5% Hili Properties plc Unsecured € 2025, as it closed 0.34% higher at €102.40.

In the sovereign debt market, all but two of the 10 active issues registered gains while the other two declined. The 2.5% MGS 2036 (I) headed the list of gainers with a 0.70% increase, to close at €128.49.

 The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV33,90337,074.7271.0950.00%
HSB14,47218,700.1161.3001.56%
LOM13,41030,399.3672.2801.79%
SFC1,74020,060.00311.5000.00%
GO3,19513,586.8024.2600.47%
IHI9,5008,015.0040.8500.00%
MDS6,0007,800.0021.3000.00%
GHM50,00025,000.0020.500-9.09%
MDI11,5007,935.0020.690-2.82%
MLT4,0003,640.0010.910-1.62%
MPC2,2001,452.0020.6600.00%
TRI29,28144,092.2641.5100.67%
BMIT47,00024,420.0020.5200.00%

The Corporate Bonds traded today were:

 Closing Price% Change
5.5% Mediterranean Investments Holding plc Unsecured € 202099.300-0.70%
3.65% GAP Group plc Secured € 2022102.0000.00%
5% Mediterranean Investments Holding plc Unsecured € 2022100.500-0.50%
4.25% GAP Group plc Secured € 2023102.500-0.49%
5.8% International Hotel Investments plc 2023108.5000.00%
5.3% Mariner Finance plc Unsecured € 2024108.0000.00%
5% Tumas Investments plc Unsecured € 2024110.5000.00%
5.1% 1923 Investments plc Unsecured € 2024101.500-0.31%
4.5% Hili Properties plc Unsecured € 2025102.4000.34%
4.25% Corinthia Finance plc Unsecured € 2026103.550-0.14%
4% Merkanti Holding plc Secured € 2026101.900-0.05%
5% Dizz Finance plc Unsecured € 2026101.920-0.08%
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026102.3100.01%
3.75% Premier Capital plc Unsecured € 2026104.3100.00%
4% International Hotel Investments plc Unsecured € 2026 FI101.5000.00%
4% Eden Finance plc Unsecured € 2027103.000-1.90%
3.75% Tumas Investments plc Unsecured € 2027107.0000.00%
3.75% Virtu Finance plc Unsecured € 2027104.5300.03%
3.65% Stivala Group Finance plc Secured € 2029102.5500.05%
3.8% Hili Finance Company plc Unsecured € 202999.9900.10%

 The Government Stocks traded today were:

Closing Price% Change
5% MGS 2021(I)108.830-0.04%
5.5% MGS 2023 (I)120.2600.02%
5.1% MGS 2029 (I)145.3000.01%
4.45% MGS 2032 (II)148.0700.28%
4.3% MGS 2033 (I)148.6100.53%
4.1% MGS 2034 (I)148.7500.29%
2.5% MGS 2036 (I)128.4900.70%
2.1% MGS 2039 (I)123.500-0.40%
3% MGS 2040 (I)140.2100.51%
2.4% MGS 2041 (I)129.4800.52%

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].