MSE Index Extends its Negative Trend

MSE Daily Trading Report, 28 November, 2019

The MSE Equity Total Return Index declined by a further 0.168% to closed at 9,672.541 points. Six equities were active, of which one headed north while another two traded lower. A total turnover of €41,560 was generated over 14 deals.

In the banking sector, HSBC Bank Malta plc headed the list of fallers with a further 2.44% decline to €1.20. This was the result of six deals involving 15,262 shares. A total turnover of €18,387 was recorded.

Bank of Valletta plc was also active over a single deal involving 2,043 shares. The previous closing price of €1.08 was not impacted and a total turnover of €2,206 was generated.

The only gainer was RS2 Software plc as it closed 0.93% higher at €2.16. The equity was active over a single deal on slim volume.

A sole deal of 3,600 MIDI plc shares pushed the price 0.77% lower to €0.645. Total turnover stood at €2,322.

Despite being traded twice, Malta International Airport plc shares closed unchanged at €7.15. Similarly, BMIT Technologies plc was also active as three deals involving 28,700 shares were executed. A total turnover of €14,637 was recorded and price was left unaltered at €0.51.

In the corporate debt market, out of 18 active issues, six traded higher while another 11 declined. The 5% GlobalCapital plc Unsecured € 2021 headed the list of gainers with a 2.62% increase to €0.98. On the other hand, the largest decline in price was recorded by the 4.25% Mercury Projects Finance plc Secured € 2031 as it closed at €95.50. This translates into a negative 4.40% change in price.

In the sovereign debt market, seven issues were active, of which three advanced while the rest lost ground. The best performer was the 2.4% MGS 2041 (I) as it closed 0.12% higher at €129.99.

  

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV2,0432,206.4411.0800.00%
HSB15,26218,387.3261.200-2.44%
MIA5003,575.0027.1500.00%
RS2200432.0012.1600.93%
MDI3,6002,322.0010.645-0.77%
BMIT28,70014,637.0030.5100.00%

 

 The Corporate Bonds traded today were:

 Closing Price% Change
5% GlobalCapital plc Unsecured € 202198.0002.62%
4.9% Gasan Finance Company plc € 2019-2021101.9701.98%
3.65% GAP Group plc Secured € 2022102.3000.28%
4.4% Von der Heyden Group Finance plc Unsecured € 2024101.900-0.04%
6% International Hotel Investments plc € 2024105.9000.86%
5% Tumas Investments plc Unsecured € 2024102.020-3.75%
5.1% 1923 Investments plc Unsecured € 2024100.020-1.46%
4% Merkanti Holding plc Secured € 2026100.000-0.01%
5% Dizz Finance plc Unsecured € 202699.100-1.88%
4% International Hotel Investments plc Unsecured € 2026 FI100.0200.01%
3.75% Mercury Projects Finance plc Secured € 202795.000-4.04%
4.35% SD Finance plc Unsecured € 2027100.0001.01%
3.75% Tumas Investments plc Unsecured € 2027101.0000.00%
4% Exalco Finance plc Secured € 2028105.110-0.01%
3.75% TUM Finance plc Secured € 2029100.000-0.20%
3.8% Hili Finance Company plc Unsecured € 202999.750-0.08%
4.25% Mercury Projects Finance plc Secured € 203195.500-4.40%
3.75% Bank of Valletta plc Unsecured Sub € 2026-2031100.200-1.76%

 

 The Government Stocks traded today were:

Closing Price% Change
4.6% MGS 2020 (II)101.930-0.15%
4.5% MGS 2028 (II)137.0400.07%
5.1% MGS 2029 (I)145.450-0.03%
2.5% MGS 2036 (I)128.700-0.15%
2.1% MGS 2039 (I)124.850-0.48%
3% MGS 2040 (I)140.7500.11%
2.4% MGS 2041 (I)129.9900.12%

 

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].