BOV and HSBC push MSE Index into positive territory

MSE Daily Trading Report, 25 November, 2019

The MSE Equity Total Return Index kicked off the week on a positive note as it closed 0.175% higher at 9,734.409 points. Nine equities were active, of which two headed north while another one closed in the opposite direction. A total turnover of €228,866 was generated over 24 deals.

Three equities were active in the banking sector. Both Bank of Valletta plc and HSBC Bank Malta plc traded higher following three transactions. BOV was active over a spread of 16,515 shares which pushed the price 0.92% higher to €1.10. A total turnover of €18,167 was recorded. Similarly, 9,900 HSBC shares resulted into a 0.79% increase to €1.28. Total turnover stood at €12,667.

Meanwhile, a sole deal of 2,000 Lombard Bank Malta plc shares did not affect the bank’s previous closing price of €2.26. A total turnover of €4,520 was generated.

The only equity trading in the red was PG plc as it declined by 0.56% to €1.79. A total turnover of €5,212 was recorded as three deals involving 2,910 shares were executed.

In the property sector, two equities were active over a single deal. MIDI plc generated a total turnover of €8,450 as 13,000 shares changed ownership leaving no impact on the previous closing price of €0.65. Similarly, Tigne’ Mall plc was also active over 8,500 shares. A total turnover of €7,650 was recorded and price was left unchanged at €0.90.

Malta International Airport plc closed unchanged once again at €7.20. The equity traded four times over spread of 2,767, resulting into a total turnover of €19,922.

The highest liquidity was recorded by BMIT Technologies plc as 224,189 shares changed ownership over six transactions. A total turnover of €116,578 was generated and price closed unchanged at €0.52.

RS2 Software plc closed unchanged at €2.10. A total of 8,500 shares were executed across two deals to a total turnover of €35,700.

In the corporate debt market, out of 11 active equities, three registered gains while six closed in negative territory. The 3.85% Hili Finance Company plc Unsecured € 2028 headed the list of gainers with a 0.25% increase to €100.50.

In the sovereign debt market, 11 issues were active as well, of which eight advanced while another two declined. The best performance was registered by the 5.25% MGS 2030 (I) as it closed 1.43% higher at €151.53.

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV16,51518,166.5031.1000.92%
HSB9,90012,667.0031.2800.79%
LOM2,0004,520.0012.2600.00%
MIA2,76719,922.4047.2000.00%
RS217,00035,700.0022.1000.00%
MDI13,0008,450.0010.6500.00%
TML8,5007,650.0010.9000.00%
PG2,9105,211.9031.790-0.56%
BMIT224,189116,578.2860.5200.00%

 

The Corporate Bonds traded today were:

 Closing Price% Change
3.65% GAP Group plc Secured € 2022102.0100.01%
6% Medserv plc Sec. & Grntd € Notes 2020-2023 S1 T1100.700-0.20%
5% Tumas Investments plc Unsecured € 2024101.300-0.31%
5.1% 1923 Investments plc Unsecured € 2024101.500-0.31%
4.25% Corinthia Finance plc Unsecured € 2026103.5500.00%
4% International Hotel Investments plc Secured € 2026103.000-0.48%
4% Merkanti Holding plc Secured € 2026101.000-0.47%
3.75% Tumas Investments plc Unsecured € 2027100.1000.10%
3.85% Hili Finance Company plc Unsecured € 2028100.5000.25%
3.8% Hili Finance Company plc Unsecured € 202999.860-0.04%
4.25% Mercury Projects Finance plc Secured € 2031103.5000.00%

 The Government Stocks traded today were:

Closing Price% Change
4.3% MGS 2022 (II)110.910-0.06%
4.5% MGS 2028 (II)137.0000.18%
5.1% MGS 2029 (I)145.5000.00%
5.25% MGS 2030 (I)151.5301.43%
5.2% MGS 2031 (I)154.0300.05%
4.65% MGS 2032 (I)150.5700.05%
4.45% MGS 2032 (II)148.5000.05%
4.3% MGS 2033 (I)149.1500.15%
4.1% MGS 2034 (I)149.4300.05%
2.5% MGS 2036 (I)128.7300.37%
3% MGS 2040 (I)140.690-0.13%

 

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].