MIA and RS2 drag the MSE Index lower

MSE Daily Trading Report, 15 January, 2020

The MSE Equity Total Return Index lost ground, as it closed 0.039% lower at 9,494.035 points. Five equities were active, of which gainers and losers tallied to two a-piece. A total turnover of €318,609 was generated over 17 deals.

Bank of Valletta plc recovered its previous loss as price was up by 1.42%, to close at €1.075. This was the outcome of four deals involving 32,687 shares and worth €35,139.

A sole deal with slim volume dragged Malta International Airport plc  0.72% in the red. The equity ended the session at €6.90 and total turnover amounted to €1,035. The company announced that the current Chief Executive Officer’s contract was extended to another term until February 2024. The Board shall meet on February 26, 2020 to consider and approve its financial statements for the year ended December 31, 2019. The Board shall also consider the payment of a dividend to its shareholders.

RS2 Software plc extended its highest liquidity trend, as total turnover stood at €237,500. A total of 103,000 shares changed hands across five transactions and the price declined by 1.71%, to close at €2.30.

Two equities were active in the property sector. Malita Investments plc traded five times over a spread of 28,695 shares. As a result, price was up by 4.44% to €0.94. A total turnover of €26,936 was recorded.

Two deals involving a total of 20,000 Tigne Mall plc shares did not impact the equity’s previous closing price of €0.90.

In the corporate debt market, 28 issues were active, of which seven headed north while another seven closed in the opposite direction. The 5% Tumas Investments plc Unsecured € 2024 headed the list of gainers with a 0.96% increase to €105.00. On the other hand, the 3.8% Hili Finance Company plc Unsecured € 2029 closed 2% lower at €98.00.

On the sovereign debt front, out of 12 active issues, four registered gains while another six lost ground. The best performer was the 3% MGS 2040 (I), as it closed 0.65% higher at €138.41. Conversely, the 2.4% MGS 2041 (I) declined by 0.39% to €127.50.

In the Prospects MTF market, three issues were active. Both the 5.5% Testa Finance plc € Bonds 2029 and the 5% The Convenience Shop Holding plc Unsec Call € 2026-2029 ended the session in positive territory. The former closed 0.10% higher at €102.00 while the latter registered a 0.51% increase, to close at €99.00.

 The Equities traded today were:

 The Corporate Bonds traded today were:

 The Government Stocks traded today were:

The Prospect Bonds traded today were:

 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].