MIA drags the MSE Total Return Index into the red

MSE Daily Trading Report, 09 January, 2020

The MSE Equity Total Return Index lost ground with a drop of 0.548% as it closed at 9,481.071 points. Out of 11 active equities, two traded higher while another four declined. Total turnover amounted to €171,797 as 42 deals were executed.

The main driver for today’s negative performance was Malta International Airport plc, as price declined by 1.45%, to close at €6.80. A total turnover of €22,964 was generated over six deals involving 3,350 shares.

In the banking sector, Bank of Valletta plc traded eight times over a spread of 15,721 shares. This did not impact the bank’s previous closing price of €1.075. Total turnover stood at €16,854.

RS2 Software plc advanced by a further 2.70%, as price went up to €2.28. The equity registered the highest liquidity of €45,450 as seven deals involving 20,200 shares were executed.

A sole deal of 1,000 Loqus Holdings plc shares pushed the price up by 1.55%. As a result, the equity ended the session at €0.066.

On the other hand, Mapfre Middlesea plc lost ground as it traded 6.78% lower at €2.20. A total turnover of €10,532 was generated as 4,501 shares changed hands over three deals.

In the property sector, three equities were active. One deal of 5,000 MIDI plc shares dragged the price by 7.41%, to close at €0.50. Total turnover amounted to €2,500 as the equity registered the largest decline in price.

Meanwhile, Trident Estates plc generated a total turnover of €40,372 as seven deals involving 26,500 shares were executed. Price was left unaltered at €1.55. Similarly, Malita Investments plc traded once over 2,600 shares but closed unchanged at €0.90.

Telecommunications company, GO plc was down by 1.40%, to end the session at €4.22. This was the outcome of three deals involving 1,839 shares, which generated a total turnover of €7,754. Its subsidiary, BMIT Technologies plc, was active but closed unchanged at €0.52.

MaltaPost plc was active but closed unchanged at €1.31. A total turnover of €9,170 was recorded as 7,000 shares were executed over one deal.

In the corporate debt market, out of 14 active issues, five registered gains while another six ended the session in negative territory. The 4% Eden Finance plc Unsecured € 2027 headed the list of gainers as it closed 0.87% higher at €104.50. On the other hand, the 3.75% Tumas Investments plc Unsecured € 2027 lost 1.42%, to close at €101.

On the sovereign debt front, all 14 active issues traded in the red as yields headed north. The 2.1% MGS 2039 (I) registered the largest decline in price of 6.92%, as it ended the session at €121.

No trading activity was recorded in the prospects market.

 The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV15,72116,853.7481.0750.00
MMS4,50110,532.2032.200-6.78
GO1,8397,753.8034.220-1.40
MIA3,35022,964.1066.800-1.45
MTP7,0009,170.0011.3100.00
RS220,20045,450.0072.2802.70
MDI5,0002,500.0010.500-7.41
MLT2,6002,340.0010.9000.00
TRI26,50040,372.0071.5500.00
BMIT26,53013,795.6040.5200.00
LQS1,00065.5010.0661.55

 The Corporate Bonds traded today were:

 Closing Price% Change
6% Pendergardens Developments plc Secured € 2022 Series II105.0000.00
5% Hal Mann Vella Group plc Secured € 2024104.0000.00
5.1% 6PM Holdings plc Unsecured € 2025101.5000.35
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026100.5000.05
4% International Hotel Investments plc Secured € 2026102.700-0.29
4% Merkanti Holding plc Secured € 2026101.0000.50
5% Dizz Finance plc Unsecured € 2026102.000-1.00
3.75% Premier Capital plc Unsecured € 2026105.0100.01
4% International Hotel Investments plc Unsecured € 2026101.700-0.28
4.35% SD Finance plc Unsecured € 2027101.460-0.03
4% Eden Finance plc Unsecured € 2027104.5000.87
3.75% Tumas Investments plc Unsecured € 2027101.000-1.42
3.75% Bortex Group Finance plc Unsecured € 2027101.500-0.01
3.8% Hili Finance Company plc Unsecured € 2029100.0000.00

 The Government Stocks traded today were:

 Closing Price% Change
4.8% MGS 2028 (I)138.260-1.52
4.5% MGS 2028 (II)136.080-0.43
2.3% MGS 2029 (II)117.650-2.57
5.1% MGS 2029 (I)144.440-0.32
5.25% MGS 2030 (I)148.560-0.96
5.2% MGS 2031 (I)152.390-1.68
4.65% MGS 2032 (I)148.600-0.63
4.45% MGS 2032 (II)146.480-0.89
4.3% MGS 2033 (I)146.800-0.88
4.1% MGS 2034 (I)146.620-0.64
2.5% MGS 2036 (I)126.610-0.82
2.1% MGS 2039 (I)121.000-6.92
3% MGS 2040 (I)143.000-2.05
2.4% MGS 2041 (I)132.500-2.57

 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].