BOV and HSBC push MSE Index further down

MSE Daily Trading Report, 27 November, 2019

The MSE Equity Total Return Index registered a further 0.209% decline to 9,688.817 points. Ten equities were active, of which three decline while only one ended the session in positive territory. A total turnover of €125,931 was generated over 27 deals

In the banking sector, Bank of Valletta plc traded 0.92% lower at €1.08. This was the result of two deals involving 8,797 shares. A total turnover of €9,501 was generated.

Similarly, its peer, HSBC Bank Malta plc also closed in the red with a 1.60% fall to €1.23. The bank was active over five deals with a spread of 13,943 shares. Total turnover stood at €17,284.

Meanwhile, Lombard Bank plc was also active but closed unchanged at €2.26.

Telecommunications company, GO plc, was the only gainer as it closed 0.95% higher at €4.26. The equity traded twice on slim volume. On the other hand, its subsidiary, BMIT Technologies plc, ended the session in the opposite direction as it lost 0.97% to close at €0.51. The equity recorded the highest liquidity as total turnover stood at €33,190. Six deals involving 64,511 shares were executed.

Malta International Airport plc was active with a sole deal of 3,000 shares worth €21,450. The equity’s previous closing price of €7.15 was left unaltered.

In the property sector, both active equities, MIDI plc and Malita Investments plc were both active but closed unchanged at €0.65 and €0.90, respectively.

A single deal of 1,690 PG shares left no impact on the previous closing price of €1.79.  Similarly, Plaza Centres plc was also active as 11,500 shares changed hands across two transactions. The equity closed unchanged at €1.02.

In the corporate debt market, 25 issues were active, of which four advanced while another 14 lost ground. The  5% Tumas Investments plc Unsecured € 2024 registered the largest price increase, as it gained ground, to close 3.92% higher at €106.

In the sovereign debt market, out of eight active issues, two headed north while the rest declined. The 2.1% MGS 2039 (I)  registered the best performance as it closed 0.36% higher at €125.45.

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV8,7979,500.7621.080-0.92%
HSB13,94317,284.3251.230-1.60%
LOM7,39016,711.4042.2600.00%
GO5002,120.5224.2600.95%
PZC11,50011,730.0021.0200.00%
MIA3,00021,450.0017.1500.00%
MDI7,6004,940.0020.6500.00%
MLT7,0006,300.0020.9000.00%
PG1,6903,025.1011.7900.00%
BMIT

 

64,51133,189.8160.510-0.97%

The Corporate Bonds traded today were:

 Closing Price% Change
4.9% Gasan Finance Company plc € 2019-202199.9900.00%
5.8% International Hotel Investments plc 2021101.000-0.10%
3.65% GAP Group plc Secured € 2022102.0100.00%
5% Mediterranean Investments Holding plc Unsecured € 2022101.1000.60%
6% AX Investments Plc € 2024112.010-0.01%
6% International Hotel Investments plc € 2024105.000-0.94%
5% Tumas Investments plc Unsecured € 2024106.0003.92%
4.25% Best Deal Properties Holding plc Secured € 2024101.9000.00%
5.1% 6PM Holdings plc Unsecured € 2025101.0000.00%
4.5% Hili Properties plc Unsecured € 2025104.990-0.01%
4% Merkanti Holding plc Secured € 2026100.010-0.98%
5% Dizz Finance plc Unsecured € 2026101.000-1.94%
3.75% Premier Capital plc Unsecured € 2026104.010-0.94%
4% International Hotel Investments plc Unsecured € 2026101.000-0.49%
4% International Hotel Investments plc Unsecured € 2026 FI100.010-1.48%
3.75% Mercury Projects Finance plc Secured € 202799.0000.00%
4.35% SD Finance plc Unsecured € 202799.000-1.26%
3.75% Tumas Investments plc Unsecured € 2027101.0001.00%
4% SP Finance plc Secured EUR Bonds 2029100.510-1.18%
3.75% TUM Finance plc Secured € 2029100.2000.20%
3.65% Stivala Group Finance plc Secured € 2029102.0000.00%
3.8% Hili Finance Company plc Unsecured € 202999.8300.00%
3.5% Bank of Valletta plc € Notes 2030 S1 T199.890-0.11%
3.5% Bank of Valletta plc € Notes 2030 S2 T199.990-0.01%
4.25% Mercury Projects Finance plc Secured € 203199.900-0.10%

 The Government Stocks traded today were:

Closing Price% Change
4.3% MGS 2022 (II)110.850-0.05%
5.1% MGS 2022(I)114.200-0.05%
4.8% MGS 2028 (I)139.2400.17%
4.5% MGS 2028 (II)136.950-0.04%
5.25% MGS 2030 (I)149.550-0.25%
2.1% MGS 2039 (I)125.4500.36%
3% MGS 2040 (I)140.590-0.26%
2.4% MGS 2041 (I)129.840-0.23%

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].