MSE Index ends the week in positive territory

The MSE Equity Total Return Index managed to recover part of yesterday’s loss as it gained 0.177% to close at 9,497.858 points. Out of eight active equities, three traded higher while another three declined. Total turnover amounted to €470,204 as 50 deals were executed.

The banking sector saw both Bank of Valletta plc and HSBC Bank Malta plc shares losing ground by 0.93% and 3.33% respectively. Twelve trades were recorded for BOV resulting to a total value of €109,147 while HSBC recorded five transactions tallying to a mere €12,880.

Ending the session with a similar result was BMIT Technologies plc, whose shares closed 1.92% lower at €0.51. This equity traded six times resulting to 32,000 shares exchanging hands.

On the other hand, Mapfre Middlesea plc bounced back after yesterday’s loss to close 6.36% higher at €2.34. This recovery was the outcome of two trades worth €11,700.

Following suit was RS2 Software plc as the equity advanced by a further 2.63%, as it closed at €2.34. The equity registered the highest liquidity of €254,244 as 109,929 shares were spread across 19 deals.

A single transaction of 2,327 International Hotel Investments plc shares pushed the price 1.3% higher, to close at €0.78.

Meanwhile,Malta International Airport plc and Main Street Complex plc both closed flat at €6.80 and €0.55, respectively.

In the corporate debt market, out of 13 active issues, four registered gains while one ended the session in negative territory. The 5.8% International Hotel Investments plc 2021 headed the list of gainers as it closed 2.86% higher at €104.40.

On the sovereign debt front, there were nine active issues of which four traded in the red as yields headed north while five registered gains. The 2.4% MGS 2041 (I) declined most by 3.51%, as it ended the session at €127.85. A slight recovery from yesterday’s decline was 2.1% MGS 2039 (I) – the bond registered the highest gain at a marginal 0.42% to close at €121.51.

In the Prospects MTF market there were three trades in the 5% Luxury Living Finance 2028 issuance and one in the 5.5% Testa Finance 2029 bond – both bond’s prices remained unchanged.

 The Equities traded today were:

Symbol Code Volume Traded Value Traded Trades Closing Price % Change
BOV 101,983 109,147.23 12 1.065 -0.93
HSB 11,052 12,880.32 5 1.160 -3.33
MMS 5,000 11,700.00 2 2.340 6.36
IHI 2,327 1,815.06 1 0.780 1.30
MIA 9,093 61,832.40 4 6.800 0.00
RS2 109,929 254,244.28 19 2.340 2.63
MSC 4,000 2,200.00 1 0.550 0.00
BMIT 32,000 16,384.70 6 0.510 -1.92

 The Corporate Bonds traded today were:

Closing Price % Change
5.5% Mediterranean Investments Holding plc Unsecured € 2020 100.000 0.00
5% GlobalCapital plc Unsecured € 2021 99.000 1.02
5.8% International Hotel Investments plc 2021 104.400 2.86
4.5% Hili Properties plc Unsecured € 2025 105.100 0.00
4% Merkanti Holding plc Secured € 2026 101.000 0.00
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026 103.000 0.00
3.75% Premier Capital plc Unsecured € 2026 105.000 -0.01
4% International Hotel Investments plc Unsecured € 2026 101.700 0.00
4.35% SD Finance plc Unsecured € 2027 101.500 0.04
3.75% Tumas Investments plc Unsecured € 2027 101.000 0.00
4.5% Grand Harbour Marina plc Unsecured € 2027 104.610 0.01
3.65% Stivala Group Finance plc Secured € 2029 102.000 0.00
3.8% Hili Finance Company plc Unsecured € 2029 100.000 0.00

The Government Stocks traded today were:

Closing Price % Change
5% MGS 2021(I) 108.220 -0.06
4.3% MGS 2022 (II) 110.540 -0.09
5.1% MGS 2022(I) 113.720 -1.92
5.25% MGS 2030 (I) 148.850 0.20
4.45% MGS 2032 (II) 146.810 0.23
4.1% MGS 2034 (I) 146.970 0.24
2.5% MGS 2036 (I) 126.910 0.24
2.1% MGS 2039 (I) 121.510 0.42
2.4% MGS 2041 (I) 127.850 -3.51

 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].