BOV pushes MSE Total Return Index into positive territory

MSE Daily Trading Report, 06 January, 2020

The MSE Equity Total Return Index kicked off the week on a positive note is it managed to recoup part of its previous loss, to close 0.145% higher at 9,542.017 points. Six equities were active, of which two headed north while another three closed in the opposite direction. A total turnover of €68,645 was generated over 27 deals.

Three equities were active in the banking industry. Bank of Valletta plc registered the highest liquidity registering a total turnover of €31,365. This was the result of 11 deals involving 29,349 shares. The bank reached €1.085 during the session but closed at €1.065, translating into a 0.95% increase.

Its peer, HSBC Bank Malta plc, closed in the opposite direction. Five deals involving 20,074 shares dragged the price by 1.67%, to close at €1.18. The equity traded at €1.25 but lost ground during the day. Total turnover stood at €24,244.

Meanwhile, FIMBank plc was also active as it traded 5,000 shares in one transaction. The bank’s previous closing price of €0.60 was left unaltered.

Malta International Airport plc traded four times over 920 shares. This resulted into a 0.72% decline, to close at €6.85. A total turnover of €6,308 was recorded.

The best equity performance was registered by Mapfre Middlesea plc, with a staggering 8.26% surge to reach the price level of €2.36. A total turnover of €5,505 was generated as two deals with a spread of 2,502 shares were executed.

Four deals involving 10,800 PG plc shares resulted into a 2.17% decline in price. The equity closed at €1.80 and registered a total turnover of €19,440.

A total of 22,780,636 Harvest Technology plc shares were admitted to the main market today. Trading in this share issue shall commence tomorrow, January 7, 2020.

In the corporate debt market, a total of 26 issues were active, of which six registered gains while another eight declined. The 3.75% AX Group plc Unsecured Bonds 2029 Series II headed the list of gainers as it closed 1.52% higher at €103.05. Conversely, the 4% International Hotel Investments plc Unsecured € 2026 recorded the largest fall in price, as it closed 0.97% lower at €101.

On the sovereign debt front, 15 issues were active, of which six advanced while five traded lower. The best performer was the 5.2% MGS 2031 (I) as it closed 0.52% higher at €153.31. On the other hand, the 7% MGS 2025 (I) R declined by 5.35%, to close at €149.70.

The Equities traded today were:

Symbol Code

Volume TradedValue TradedTradesClosing Price% Change
BOV29,34931,364.80111.065

0.95

HSB

20,07424,244.2851.180-1.67

MMS

2,5025,504.7222.3608.26
FIM5,0002,691.3110.600

0.00

MIA9206,308.0046.850

-0.72

PG10,80019,440.0041.800

-2.17

 The Corporate Bonds traded today were:

 Closing Price% Change
4.8% Bank of Valletta Plc Sub € 202099.660-0.34
4.9% Gasan Finance Company plc € 2019-2021100.0000.00
5.75% Central Business Centres plc Unsecured € 2021 S1T1102.7500.00
3.65% GAP Group plc Secured € 2022102.0000.00
6% Pendergardens Developments plc Secured € 2022 Series II105.0000.00
6% Medserv plc Sec. & Grntd € Notes 2020-2023 S1 T1100.0000.00
6% AX Investments Plc € 2024112.950-0.04
4.4% Von der Heyden Group Finance plc Unsecured € 2024101.0000.01
6% International Hotel Investments plc € 2024106.3500.09
5.1% 1923 Investments plc Unsecured € 2024101.500-0.29
5.75% International Hotel Investments plc Unsecured € 2025106.5000.00
5.1% 6PM Holdings plc Unsecured € 2025101.150-0.05
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026100.4500.00
4% MIDI plc Secured € 2026102.5000.00
4% Merkanti Holding plc Secured € 2026101.0000.01
3.75% Premier Capital plc Unsecured € 2026105.0000.00
3.25% AX Group plc Unsec Bds 2026 Series I102.5000.00
4% International Hotel Investments plc Unsecured € 2026101.000-0.97
4% Eden Finance plc Unsecured € 2027103.6000.10
4% Stivala Group Finance plc Secured € 2027102.0000.00
3.75% Virtu Finance plc Unsecured € 2027104.6000.00
4% Exalco Finance plc Secured € 2028105.100-0.04
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028103.500-0.38
3.8% Hili Finance Company plc Unsecured € 2029100.1000.10
3.75% AX Group plc Unsec Bds 2029 Series II103.0501.52
4.25% Mercury Projects Finance plc Secured € 2031100.230-0.37

 The Government Stocks traded today were:

 Closing Price% Change
5% MGS 2021(I)108.220-0.15
4.3% MGS 2022 (II)110.640-0.09
7% MGS 2025 (I) R149.700-5.35
7% MGS 2026 (I) R155.800-3.42
4.5% MGS 2028 (II)136.670-2.03
2.3% MGS 2029 (II)120.7500.00
5.1% MGS 2029 (I)145.1100.47
5.25% MGS 2030 (I)149.3300.30
5.2% MGS 2031 (I)153.3100.52
4.65% MGS 2032 (I)149.5400.36
4.45% MGS 2032 (II)147.4700.38
4.3% MGS 2033 (I)147.8900.01
2.1% MGS 2039 (I)130.0500.00
3% MGS 2040 (I)146.0000.00
2.4% MGS 2041 (I)136.0000.00

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].