Another negative session for the MSE Index
MSE Daily Trading Report, 05 December, 2019
The MSE Equity Total Return Index closed in the red once again, as it declined by 0.620%, to close at 9,483.926 – a 32-week low. A total of 12 equities were active, of which six lost ground while the rest closed unchanged. A total turnover of €516,177 was generated over 67 deals.
In the banking industry, Bank of Valletta plc traded 0.94% lower, to close at €1.05. This was the result of 27 deals involving 91,143 shares. A total turnover of €95,786 was recorded. The Bank was once again in the news today as it is being reported that the European Commission has given the Maltese Government up until tomorrow to disclose what effective measures has the Bank adopted to tackle, what the ECB referred to as suspicious proceeds derived from the cash for passports scheme.
A sole deal of 1,976 HSBC Bank Malta plc shares did not impact the previous closing price of €1.20. Similarly, Lombard Bank plc traded twice over a spread of 3,496 shares but closed unchanged at €2.26.
The most liquid equity was GO plc, as it registered a total turnover of €214,817. Six deals involving 51,400 shares were executed – ending the session 0.96% lower at €4.14. Meanwhile, its subsidiary, BMIT Technologies plc, was also active but closed unchanged at €0.51.
Six deals involving 46,000 RS2 Software plc shares had no impact on the equity’s previous closing price of €2.10. Total turnover stood at €96,600.
Moving on to the property sector, MIDI plc registered a further 0.96% loss, to close at €0.515. A total of 61,300 shares changed ownership over five deals and generating a total turnover of €31,670. Despite trading only once on slim volume, Malta Properties Company plc headed the list of fallers, as price was down by 7.80%, to close at €0.65.
Meanwhile, Tigne’ Mall plc was also active with a single deal of 4,490 shares but closed unchanged at €0.90.
Plaza Centres plc ended the session 0.98% lower at €1.01, as 20,000 shares changed hands across two transactions. Total turnover amounted to €20,230.
Seven deals involving a total of 22,422 International Hotel Investments plc shares dragged the price 2.47% lower, to close €0.79. This resulted into a total turnover of €18,008.
Malta International Airport plc traded on four occasions but closed unchanged at €7.10. Total turnover amounted to €8,694 and a total of 1,233 changed ownership.
In the corporate debt market, 30 issues were active, of which seven headed north while 14 closed in the opposite direction. The best performance was registered by the 4% International Hotel Investments plc Unsecured € 2026 FI, as it closed 1.48% higher at €101.50.
In the sovereign debt market, out of 19 active issues, 12 registered gains while six traded lower. The 5.25% MGS 2030 (I) headed the list of gainers with a 1.46% increase, to close at €152.
The Equities traded today were:
| Symbol Code | Volume Traded | Value Traded | Trades | Closing Price | % Change |
| BOV | 91,143 | 95,786.15 | 27 | 1.050 | -0.94% |
| HSB | 1,976 | 2,371.20 | 1 | 1.200 | 0.00% |
| LOM | 3,496 | 7,900.96 | 2 | 2.260 | 0.00% |
| GO | 51,400 | 214,817.00 | 6 | 4.140 | -0.96% |
| IHI | 22,422 | 18,007.60 | 7 | 0.790 | -2.47% |
| PZC | 20,000 | 20,230.00 | 2 | 1.010 | -0.98% |
| MIA | 1,233 | 8,694.15 | 4 | 7.100 | 0.00% |
| RS2 | 46,000 | 96,600.00 | 6 | 2.100 | 0.00% |
| MDI | 61,300 | 31,669.50 | 5 | 0.515 | -0.96% |
| TML | 4,490 | 4,041.00 | 1 | 0.900 | 0.00% |
| MPC | 400 | 260.00 | 1 | 0.650 | -7.80% |
| BMIT | 30,980 | 15,799.80 | 5 | 0.510 | 0.00% |
The Corporate Bonds traded today were:
| Closing Price | % Change | |
| 5.5% Mediterranean Investments Holding plc Unsecured € 2020 | 100.000 | -0.99% |
| 4.9% Gasan Finance Company plc € 2019-2021 | 100.000 | -1.96% |
| 5.8% International Hotel Investments plc 2021 | 101.500 | 0.50% |
| 5% Mediterranean Investments Holding plc Unsecured € 2022 | 100.000 | -0.99% |
| 5.3% Mariner Finance plc Unsecured € 2024 | 106.000 | 0.00% |
| 5% Tumas Investments plc Unsecured € 2024 | 100.010 | -1.37% |
| 5.1% 1923 Investments plc Unsecured € 2024 | 100.000 | 0.48% |
| 4.25% Best Deal Properties Holding plc Secured € 2024 | 101.500 | -0.49% |
| 5.75% International Hotel Investments plc Unsecured € 2025 | 106.000 | 0.00% |
| 5.1% 6PM Holdings plc Unsecured € 2025 | 100.700 | 0.00% |
| 4.5% Hili Properties plc Unsecured € 2025 | 102.500 | -2.38% |
| 4.5% Medserv plc Unsecured € 2026 | 99.000 | -1.97% |
| 4% MIDI plc Secured € 2026 | 104.000 | 0.00% |
| 4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026 | 103.000 | 0.00% |
| 3.75% Premier Capital plc Unsecured € 2026 | 104.010 | 0.00% |
| 4% International Hotel Investments plc Unsecured € 2026 FI | 101.500 | 1.48% |
| 3.75% Mercury Projects Finance plc Secured € 2027 | 97.020 | -2.98% |
| 4.35% SD Finance plc Unsecured € 2027 | 100.300 | 0.30% |
| 4% Eden Finance plc Unsecured € 2027 | 103.120 | -0.03% |
| 4.4% Central Business Centres plc Unsecured € 2027 S1/17 T1 | 102.500 | 0.47% |
| 3.75% Virtu Finance plc Unsecured € 2027 | 104.600 | 0.00% |
| 3.75% Bortex Group Finance plc Unsecured € 2027 | 102.000 | -0.78% |
| 3.85% Hili Finance Company plc Unsecured € 2028 | 100.000 | -0.50% |
| 4.15% Phoenicia Finance Company plc Unsecured € 2023-2028 | 104.000 | 0.00% |
| 3.75% TUM Finance plc Secured € 2029 | 101.250 | 0.00% |
| 3.65% Stivala Group Finance plc Secured € 2029 | 101.950 | -0.05% |
| 3.8% Hili Finance Company plc Unsecured € 2029 | 99.990 | 0.16% |
| 4% MeDirect Bank (Malta) plc Sub Unsecured € 2024-2029 | 102.500 | 0.49% |
| 3.5% Bank of Valletta plc € Notes 2030 S1 T1 | 99.880 | -0.01% |
| 4.25% Mercury Projects Finance plc Secured € 2031 | 101.500 | -1.38% |
The Government Stocks traded today were:
| Closing Price | % Change | |
| 5.2% MGS 2020 (I) | 102.730 | -0.25% |
| 5% MGS 2021(I) | 108.650 | -0.04% |
| 4.3% MGS 2022 (II) | 110.850 | 0.05% |
| 5.1% MGS 2022(I) | 114.120 | 0.04% |
| 5.5% MGS 2023 (I) | 120.080 | -0.21% |
| 4.8% MGS 2028 (I) | 140.000 | 1.08% |
| 4.5% MGS 2028 (II) | 136.600 | 0.32% |
| 2.3% MGS 2029 (II) | 119.100 | 1.29% |
| 5.1% MGS 2029 (I) | 147.350 | 1.22% |
| 5.25% MGS 2030 (I) | 152.000 | 1.46% |
| 5.2% MGS 2031 (I) | 155.750 | 1.12% |
| 4.45% MGS 2032 (II) | 150.000 | 1.06% |
| 4.3% MGS 2033 (I) | 149.000 | -0.01% |
| 4.1% MGS 2034 (I) | 149.750 | 0.36% |
| 2.2% MGS 2035 (I) | 122.270 | -0.43% |
| 2.5% MGS 2036 (I) | 128.500 | -0.39% |
| 2.1% MGS 2039 (I) | 127.000 | 0.79% |
| 3% MGS 2040 (I) | 140.000 | 0.00% |
| 2.4% MGS 2041 (I) | 130.500 | 0.51% |
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].