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:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	32,687	35,138.53	4	1.075	1.42
MIA	150	1,035.00	1	6.900	-0.72
RS2	103,000	237,500.00	5	2.300	-1.71
MLT	28,695	26,935.53	5	0.940	4.44
TML	20,000	18,000.00	2	0.900	0.00

 The Corporate Bonds traded today were:

	Closing Price	% Change
4.8% Bank of Valletta Plc Sub € 2020	98.750	-0.91
5.5% Mediterranean Investments Holding plc Unsecured € 2020	100.000	0.00
5.8% International Hotel Investments plc 2021	104.400	0.00
6% Pendergardens Developments plc Secured € 2022 Series II	105.000	0.00
6% AX Investments Plc € 2024	114.500	0.00
6% International Hotel Investments plc € 2024	103.000	-0.11
5.3% Mariner Finance plc Unsecured € 2024	105.250	0.05
5% Tumas Investments plc Unsecured € 2024	105.000	0.96
5% Hal Mann Vella Group plc Secured € 2024	104.000	0.00
5.1% 1923 Investments plc Unsecured € 2024	101.550	-0.29
4.25% Best Deal Properties Holding plc Secured € 2024	102.000	-0.14
5.75% International Hotel Investments plc Unsecured € 2025	106.000	0.00
5.1% 6PM Holdings plc Unsecured € 2025	101.000	-0.49
4.5% Hili Properties plc Unsecured € 2025	105.100	0.00
4.35% Hudson Malta plc Unsecured € 2026	104.000	0.00
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026	100.950	0.45
4% Merkanti Holding plc Secured € 2026	101.000	0.00
3.75% Premier Capital plc Unsecured € 2026	104.500	0.00
3.25% AX Group plc Unsec Bds 2026 Series I	102.500	0.00
3.75% Mercury Projects Finance plc Secured € 2027	100.490	0.49
4.35% SD Finance plc Unsecured € 2027	101.740	0.34
3.85% Hili Finance Company plc Unsecured € 2028	101.900	0.00
3.8% Hili Finance Company plc Unsecured € 2029	98.000	-2.00
4% MeDirect Bank (Malta) plc Sub Unsecured € 2024-2029	102.500	0.49
3.75% AX Group plc Unsec Bds 2029 Series II	103.990	0.86
3.5% Bank of Valletta plc € Notes 2030 S1 T1	99.980	-0.01
3.5% Bank of Valletta plc € Notes 2030 S2 T1	100.000	0.00
4.25% Mercury Projects Finance plc Secured € 2031	101.940	0.00

 The Government Stocks traded today were:

	Closing Price	% Change
4.3% MGS 2022 (II)	110.450	-0.02
4.5% MGS 2028 (II)	136.190	0.23
5.25% MGS 2030 (I)	148.600	-0.04
4.65% MGS 2032 (I)	148.500	-0.13
4.45% MGS 2032 (II)	147.050	0.33
4.3% MGS 2033 (I)	146.880	0.00
4.1% MGS 2034 (I)	146.660	-0.21
2.2% MGS 2035 (I)	121.480	0.00
2.5% MGS 2036 (I)	126.570	-0.27
2.1% MGS 2039 (I)	121.550	0.04
3% MGS 2040 (I)	138.410	0.65
2.4% MGS 2041 (I)	127.500	-0.39

The Prospect Bonds traded today were:

	Closing Price	% Change
5% The Convenience Shop Holding plc Unsec Call € 2026-2029	99.000	0.51%
5.25% Klikk Finance plc € Unsecured 2027	100.000	0.00%
5.5% Testa Finance plc € Bonds 2029	102.000	0.10%

 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].