MSE Daily Trading Report, 09 December, 2019

The MSE Equity Total Return Index kicked off the week on a negative note as it declined by a further 0.312% to 9,393.067 points. A total of 10 equities were active, of which gainers and losers tallied to three apiece. A total turnover of €90,350 was generated across 30 transactions.

In the banking sector, both Bank of Valletta plc and HSBC Bank Malta plc lost ground. BOV reached an intra-day low of €1.015 but eventually settled slightly higher at €1.02, translating into a 2.86% decline. The equity was the most liquid as 13 deals involving 44,845 shares generated a total turnover of €46,498.

HSBC also closed in the red with a 1.67% decline to €1.18. Four deals with a spread of 7,329 shares were executed. A total turnover of €8,780 was recorded.

Four equities were active in the property sector. MIDI plc headed the list of fallers as it lost a further 2.91%, closing at €0.50. A total turnover of €7,000 was generated as three deals involving 14,000 shares were executed.

On the other hand, a sole deal of 770 Santumas Shareholdings plc shares pushed the price 0.71% higher to €1.41.

Meanwhile, Malta Properties Company plc and Tigne’ Mall plc were both active but the prices were left unaltered at €0.65 and €0.90, respectively.

PG plc traded once on slim volume. As a result, the equity registered a 0.56% increase, to close at €1.79.

The best performer was International Hotel Investments plc as it ended the session 2.65% higher at €0.775. A total turnover of €14,711 was generated as it traded two times over a spread of 18,982 shares.

Elsewhere, GO plc and RS2 Software plc were both active but closed unchanged at €4.14 and €2.08, respectively.

In the corporate debt market, out of 19 active issues, five advanced while another six lost ground. The 5.1% 1923 Investments plc Unsecured € 2024 headed the list of gainers as it registered a 1.50% increase, to close at €101.50.

In the sovereign debt market, 13 issues were active, of which four headed north while the rest closed in the opposite direction. The best performance was registered by the 4.1% MGS 2034 (I) as it closed 0.36% higher at €152. At the other end of the spectrum, the 2.4% MGS 2041 (I) lost a substantial 2.35% to close at €132.80.

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	44,845	46,498.40	13	1.020	-2.86
HSB	7,329	8,780.46	4	1.180	-1.67
GO	400	1,656.00	1	4.140	0.00
IHI	18,982	14,711.05	2	0.775	2.65
RS2	2,000	4,160.00	1	2.080	0.00
MDI	14,000	7,000.00	3	0.500	-2.91
TML	2,200	1,980.00	1	0.900	0.00
STS	770	1,085.70	1	1.410	0.71
MPC	4,900	3,225.00	3	0.650	0.00
PG	700	1,253.00	1	1.790	0.56

 The Corporate Bonds traded today were:

	Closing Price	% Change
4.8% Bank of Valletta Plc Sub € 2020	100.000	0.00
5.5% Pendergardens Developments plc Secured € 2020 Series I	100.000	0.25
3.65% GAP Group plc Secured € 2022	102.000	0.00
6% International Hotel Investments plc € 2024	105.900	0.00
5% Tumas Investments plc Unsecured € 2024	102.020	0.00
5.1% 1923 Investments plc Unsecured € 2024	101.500	1.50
4.5% Medserv plc Unsecured € 2026	98.750	-0.25
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026	100.300	-0.20
4% International Hotel Investments plc Secured € 2026	102.000	0.00
4% Merkanti Holding plc Secured € 2026	100.500	0.00
3.75% Premier Capital plc Unsecured € 2026	102.000	-1.78
4.35% SD Finance plc Unsecured € 2027	99.000	-1.00
4% Eden Finance plc Unsecured € 2027	103.100	-0.02
3.75% Tumas Investments plc Unsecured € 2027	100.020	0.02
3.85% Hili Finance Company plc Unsecured € 2028	100.000	0.00
4% SP Finance plc Secured EUR Bonds 2029	101.000	0.20
3.8% Hili Finance Company plc Unsecured € 2029	99.800	-0.03
3.5% Bank of Valletta plc € Notes 2030 S1 T1	99.890	0.01
4.25% Mercury Projects Finance plc Secured € 2031	101.500	0.00

 The Government Stocks traded today were:

	Closing Price	% Change
4.6% MGS 2020 (II)	101.820	-0.11
5% MGS 2021(I)	108.670	0.02
4.3% MGS 2022 (II)	110.830	0.07
5.5% MGS 2023 (I)	120.150	0.06
4.8% MGS 2028 (I)	138.800	-0.86
2.3% MGS 2029 (II)	120.750	-0.21
5.25% MGS 2030 (I)	153.000	-0.09
4.45% MGS 2032 (II)	150.000	-0.03
4.3% MGS 2033 (I)	147.940	-0.71
4.1% MGS 2034 (I)	152.000	0.36
2.5% MGS 2036 (I)	132.500	-0.97
3% MGS 2040 (I)	143.850	-1.47
2.4% MGS 2041 (I)	132.800	-2.35

 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].