MSE Index on a four-day losing streak

MSE Daily Trading Report, 29 November, 2019

The MSE Equity Total Return Index extended its negative trend to four days as it declined by 0.611% to close at 9,613.402 points. Five equities were active, of which four lost ground while the other one closed unchanged. A total turnover of € 91,489 was generated over 24 deals.

Bank of Valletta plc registered a decline of 1.85% to close at €1.06. The equity registered the highest turnover during the session of € 44,377 over 14 transactions involving 41,412 shares.

Its peer, HSBC Bank Malta plc was also active but closed unchanged at €1.20. The bank traded twice on slim volume.

Trident Estates plc registered the largest decline during the session of 6.78% to €1.65. A total turnover of €27,737 was generated as 16,750 shares changed hands over three deals.

In the telecommunications sector, GO plc also closed in negative territory as it closed 1.88% lower at €4.18. A spread of 2,375 shares changed hands across three transactions.

Retail Conglomerate, PG plc, closed 2.23% lower at €1.75. A total turnover of €8,536 was generated as three deals involving 4,800 shares were executed.

In the corporate debt market, out of  20 active issues, five traded higher while another 10 declined. The 4.25% Mercury Projects Finance plc Secured € 2031 headed the list of gainers with a 4.66% increase to €99.95. On the other hand, the largest decline in price was recorded by the 4% Stivala Group Finance plc Secured € 2027 as it closed at €101.90. This translates into a negative 2.02% change in price.

In the sovereign debt market, 14 issues were active, of which two advanced while the rest lost ground. The worst performer was the 2.2% MGS 2035 (I) as it declined by 2.92% to close at €122.80.

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV41,41244,377.96131.060-1.85%
HSB742890.4021.2000.00%
GO2,3759,947.5034.180-1.88%
PG4,8008,536.0031.750-2.23%
TRI16,75027,737.5031.650-6.78%

 The Corporate Bonds traded today were:

 Closing Price% Change
6% Mediterranean Investments Holding plc Euro 2021101.5000.50%
3.65% GAP Group plc Secured € 2022102.000-0.29%
6% Medserv plc Sec. & Grntd €  Notes 2020-2023 S1 T1100.7000.00%
6% AX Investments Plc € 2024110.140-1.67%
4.4% Von der Heyden Group Finance plc Unsecured € 2024100.000-1.86%
5.3% Mariner Finance plc Unsecured € 2024106.000-1.85%
5% Tumas Investments plc Unsecured € 2024102.0200.00%
5.1% 1923 Investments plc Unsecured € 2024101.5001.48%
5.1% 6PM Holdings plc Unsecured € 2025101.2000.20%
4% MIDI plc Secured € 2026104.000-0.95%
4% International Hotel Investments plc Secured € 2026102.990-0.01%
5% Dizz Finance plc Unsecured € 2026100.0000.91%
4.35% SD Finance plc Unsecured € 202799.990-0.01%
3.75% Tumas Investments plc Unsecured € 2027100.000-0.99%
4% Stivala Group Finance plc Secured € 2027101.900-2.02%
4% SP Finance plc Secured EUR Bonds 2029100.000-0.51%
3.75% TUM Finance plc Secured € 2029100.0000.00%
3.8% Hili Finance Company plc Unsecured € 202999.7500.00%
4.25% Mercury Projects Finance plc Secured € 203199.9504.66%
3.75% Bank of Valletta plc Unsecured Sub € 2026-2031100.2000.00%

 The Government Stocks traded today were:

Closing Price% Change
4.3% MGS 2022 (II)110.8600.01%
5.1% MGS 2022(I)114.130-0.06%
4.8% MGS 2028 (I)139.060-0.13%
4.5% MGS 2028 (II)136.820-0.16%
5.1% MGS 2029 (I)145.260-0.13%
5.25% MGS 2030 (I)149.450-0.07%
5.2% MGS 2031 (I)153.650-0.25%
4.65% MGS 2032 (I)150.190-0.38%
4.45% MGS 2032 (II)148.070-0.29%
4.3% MGS 2033 (I)148.660-0.36%
2.2% MGS 2035 (I)122.800-2.92%
2.5% MGS 2036 (I)128.220-0.37%
2.1% MGS 2039 (I)125.3500.40%
3% MGS 2040 (I)140.100-0.46%

 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].