MSE Total Return Index loses ground

MSE Daily Trading Report, 07 January, 2020

The MSE Equity Total Return Index declined to 9,515.635 points as it registered a 0.276% decline. Nine equities were active, of which three traded higher and another four closed in the red. A total turnover of €244,205 was generated over 36 deals.

In the banking industry three equities were active. Bank of Valletta plc lost part of its previous gain, as it closed 0.47% lower at €1.06. Eight deals involving 26,643 shares were executed, generating a total turnover of €28,307.

Meanwhile, its peer, HSBC Bank Malta plc, headed the list of gainers with a 1.69% increase, to close at €1.20. Total turnover stood at €23,125 as 19,436 shares changed ownership across eight deals.

Two deals involving a total of 5,686 Lombard Bank Malta plc shares dragged the price down by 4.39% to €2.18. A total turnover of €12,395 was recorded.

Malta International Airport plc managed to recoup its previous loss, as it ended the session at €6.90 – a 0.73% increase. The equity was active over two transactions with a spread of 1,542 shares, with a total worth of €10,640.

In contrast to yesterday’s performance, Mapfre Middlesea registered the largest daily price decline of 6.78%, as it closed at €2.20. The equity traded once on slim volume.

RS2 Software plc reached a low of €2.10 but gained ground during the day, as it closed 0.93% higher at €2.18. A total turnover of €60,056 was generated as 27,969 shares changed hands across 10 transactions.

The highest liquidity was recorded by International Hotel Investments plc, as total turnover amounted to €99,855. A total of 125,000 shares were exchanged over three deals as the equity slipped by 1.23%, to close at €0.80.

Elsewhere, GO plc and MaltaPost plc were both active but closed unchanged at €4.28 and €1.31, respectively.

Trading in Harvest Technology plc share issue commenced today. No trading activity was recorded while best offer price stood at €1.62.

In the corporate debt market, out of 20 active issues, nine headed north while another three closed in the opposite direction. The best performance was recorded by the 5% Tumas Investments plc Unsecured € 2024, as it closed 2.91% higher at €104.99. On the other hand, the 5% Hal Mann Vella Group plc Secured € 2024 lost 3.66%, to close at €104.

On the sovereign debt front, seven issues were active, of which four advanced while two declined. The 4.3% MGS 2033 (I) registered the largest increase in price of 1.43%, to close at €150. Conversely, the 5.1% MGS 2022(I) closed 0.28% lower, at €113.77.

In the prospects market, the 4.75% Gillieru Investments plc Secured Bonds 2028 closed 0.1% lower at €101.90 while the 5% Smartcare Finance plc Secured Bonds 2029 was active but closed unchanged at €101.98.

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change


The Corporate Bonds traded today were:

 Closing Price% Change
3.65% GAP Group plc Secured € 2022102.0000.00
6% International Hotel Investments plc € 2024106.3500.00
5% Tumas Investments plc Unsecured € 2024104.9902.91
5% Hal Mann Vella Group plc Secured € 2024104.000-3.66
5.1% 1923 Investments plc Unsecured € 2024101.8000.30
5.1% 6PM Holdings plc Unsecured € 2025101.1500.00
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026100.200-0.25
4% MIDI plc Secured € 2026102.9000.39
4% International Hotel Investments plc Secured € 2026102.500-0.49
4% Merkanti Holding plc Secured € 2026101.0000.00
4.35% SD Finance plc Unsecured € 2027101.4700.47
4% Stivala Group Finance plc Secured € 2027102.0000.00
3.75% Virtu Finance plc Unsecured € 2027104.6100.01
3.85% Hili Finance Company plc Unsecured € 2028100.0000.00
3.75% TUM Finance plc Secured € 2029102.0000.00
3.8% Hili Finance Company plc Unsecured € 2029100.1500.05
4% MeDirect Bank (Malta) plc Sub Unsecured € 2024-2029102.5000.49
3.75% AX Group plc Unsec Bds 2029 Series II103.0500.00
3.5% Bank of Valletta plc € Notes 2030 S2 T1100.0001.01
4.25% Mercury Projects Finance plc Secured € 2031100.9000.67

 The Government Stocks traded today were:

 Closing Price% Change
5% MGS 2021(I)108.2800.06
5.1% MGS 2022(I)113.770-0.28
5.25% MGS 2030 (I)150.0000.45
5.2% MGS 2031 (I)155.0001.10
4.3% MGS 2033 (I)150.0001.43
2.5% MGS 2036 (I)133.0000.00
2.1% MGS 2039 (I)130.000-0.04

 The Prospect Bonds traded today were:

 Closing Price% Change
4.75% Gillieru Investments plc Secured Bonds 2028101.900-0.10%
5% Smartcare Finance plc Secured € 2029101.9800.00%

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].