MSE Total Return Index starts the year on a negative note

MSE Daily Trading Report, 03 January, 2020

The MSE Equity Total Return Index started off the year in the red, as a 0.910% decline was registered, to close at 9,528.184 points. A total of 11 equities where active during the session of which four headed north while three headed in the opposite direction. A total turnover of €93,634 was generated over 29 transactions.

As opposed to the final trading day of 2019, HSBC Bank Malta plc headed the list of fallers, as three trades worth a total of €4,688 caused the equity to depreciate by 7.69% and close at €1.20. This was in fact the main catalyst behind today’s negative Index’s performance.

Its peer, Bank of Valletta plc, traded on three different occasions and had 5,600 shares change ownership. The equity slipped by 0.47%, to close off at €1.055.

International Hotel Investments plc was also in the red, as a single deal of 1,000 shares yielded a 2.41% fall in price – to close at €0.81.

Malta Properties Company plc topped the list of gainers, as four deals worth a total of €8,363 pushed the price 3.17% higher, to close the day at €0.65.

Mapfre Middlesea plc and RS2 Software plc both registered the exact same performance, that is, an appreciation of 0.93%. The former traded only once over mere turnover, to close at €2.18, while the latter featured in five different trades and closed at the €2.16 price level.

GO plc was the most liquid equity in today’s session and registered a positive price movement of 0.47%, to close at €4.28. A total of 7,407 shares exchanged hands over five transactions.

Elsewhere, Simonds Farsons Cisk plc, Malta International Airport plc, Medserv plc and BMIT Technologies plc were also active but remained unchanged.

In the corporate debt market a total of 22 issues where active of which 10 gained ground, while two declined. The 5% Dizz Finance plc Unsecured €2026 headed the list of gainers, as it closed 3.03% higher at €103.03. On the other hand, the 4.25% Mercury Projects Finance plc Secured € 2031 was once again at the negative end of the spectrum, as it registered a 0.40% decline, to close at €100.6.

On the Sovereign debt front, eight issues were active; of which three headed higher while two declined. The 2.2% MGS 2035 (I) registered the largest decline during the session, as the bond price fell by 2.82%, to close at €121.48.

The Equities traded today were:

Symbol Code

Volume Traded Value Traded Trades Closing Price % Change

BOV

5,600 5,908.00 3 1.055 -0.47

HSB

3,925 4,687.54 3 1.200 -7.69
MMS 144 313.92 1 2.180

0.93

SFC 430 4,945.00 1 11.500

0.00

GO

7,407 31,604.72 5 4.280 0.47

IHI

1,000 810.00 1 0.810 -2.41

MIA

650 4,485.00 2 6.900 0.00
MDS 900 990.00 1 1.100

0.00

RS2 9,378 20,116.86 5 2.160

0.93

MPC 13,061 8,363.36 4 0.650

3.17

BMIT 22,000 11,410.00 3 0.520

0.00

The Corporate Bonds traded today were:

  Closing Price % Change
3.65% GAP Group plc Secured € 2022 102.000 0.00
5% Mediterranean Investments Holding plc Unsecured € 2022 101.000 0.00
6% AX Investments Plc € 2024 113.000 0.00
4.4% Von der Heyden Group Finance plc Unsecured € 2024 100.990 0.74
5% Tumas Investments plc Unsecured € 2024 102.020 0.02
5% Hal Mann Vella Group plc Secured € 2024 107.950 0.00
5.1% 1923 Investments plc Unsecured € 2024 101.800 0.30
5.1% 6PM Holdings plc Unsecured € 2025 101.200 0.00
4.5% Medserv plc Unsecured € 2026 98.750 -0.25
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 100.450 0.25
4% International Hotel Investments plc Secured € 2026 103.000 0.00
4% Merkanti Holding plc Secured € 2026 100.990 0.59
5% Dizz Finance plc Unsecured € 2026 103.030 3.03
3.75% Premier Capital plc Unsecured € 2026 105.000 0.48
3.25% AX Group plc Unsec Bds 2026 Series I 102.500 1.08
4% International Hotel Investments plc Unsecured € 2026 101.990 0.98
3.75% Tumas Investments plc Unsecured € 2027 102.450 1.94
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028 103.900 0.00
4.5% Endo Finance plc € Unsecured Bonds 2029 100.500 0.00
3.65% Stivala Group Finance plc Secured € 2029 102.000 0.00
3.8% Hili Finance Company plc Unsecured € 2029 100.000 0.00
4.25% Mercury Projects Finance plc Secured € 2031 100.600 -0.40

 The Government Stocks traded today were:

  Closing Price % Change
5.5% MGS 2023 (I) 119.710 -0.27
5.25% MGS 2030 (I) 148.880 0.10
4.3% MGS 2033 (I) 147.870 0.34
2.2% MGS 2035 (I) 121.480 -2.82
2.5% MGS 2036 (I) 133.000 0.00
2.1% MGS 2039 (I) 130.050 0.04
3% MGS 2040 (I) 146.000 0.00
2.4% MGS 2041 (I) 136.000 0.00

 

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].