BOV and MMS shares register similar gains

MSE Daily Trading Report, 20 January, 2020

The MSE Equity Total Return Index started the week with a marginal 0.1% gain, as three equities gained and one declined. Turnover reached a mere €120,000 as 30 trades of 105,188 shares were recorded. The MSE index closed the day at 9,532.433 points.

In the banking sector, Bank of Valletta plc shares gained 1% to return to the €1.10 level, as 10 transactions worth nearly €59,000 were executed. Throughout the session the equity’s price traded at a daily low of €1.07.

HSBC Bank Malta plc shares traded flat at €1.12. One deal of 4,000 shares was recorded.

Thin trading in Mapfre Middlesea plc (MMS) sent the equity 1% higher to €2.22. A total of 426 shares changed ownership.

On the downside, Midi plc lost 4% or €0.02 to close the day at €0.48. Four transactions of 21,100 shares were executed. Meanwhile, Main Street Complex plc shares jumped by 5.5% or €0.03 to close at €0.58. A total of four deals worth €9,000 were recorded. Tigne’ Mall plc traded flat €0.90.

Malta International Airport plc was the second most active equity, yet all five trades were executed at €6.90. Simonds Farsons Cisk plc shares closed flat at €11 while RS2 Software plc shares traded unchanged at €2.28.

In the corporate debt market, 22 issues were active as turnover reached €160,000. Four issues gained while the 4% MeDirect Bank (Malta) plc Subordinated Unsecured 2024 – 2029 lost 50 basis points. On the upside, the 6% International Hotel Investments plc 2024 gained 144 basis points to end the session at €105.50.

On the sovereign debt market, 21 trades worth €0.5m were recorded. Yields were generally higher as the Central Bank of Malta revised its bid prices lower. The long-dated 3% MGS 2040 (I) shed 50 basis points.

 

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV54,38758,668.71101.1000.92
HSB3,9524,426.2411.1200.00
MMS426947.7032.2200.91
SFC12132.00111.0000.00
MIA3,70025,530.0056.9000.00
RS24,71110,741.0812.2800.00
MDI21,10010,206.0040.480-4.00
TML850765.0010.9000.00
MSC16,0508,829.0040.5805.45

 The Corporate Bonds traded today were:

 Closing Price% Change
4.25% GAP Group plc Secured € 2023102.6000.10
4.4% Von der Heyden Group Finance plc Unsecured € 2024101.9500.00
6% International Hotel Investments plc € 2024105.5001.44
5.3% Mariner Finance plc Unsecured € 2024106.0000.47
5.1% 1923 Investments plc Unsecured € 2024101.9000.00
5.75% International Hotel Investments plc Unsecured € 2025106.0000.00
4.5% Hili Properties plc Unsecured € 2025102.6100.01
4.5% Medserv plc Unsecured € 202699.0000.00
3.75% Premier Capital plc Unsecured € 2026105.0000.00
3.75% Mercury Projects Finance plc Secured € 2027100.5000.00
4.35% SD Finance plc Unsecured € 2027101.0000.00
4% SP Finance plc Secured EUR Bonds 2029101.2500.00
3.65% Stivala Group Finance plc Secured € 2029102.3000.00
3.8% Hili Finance Company plc Unsecured € 2029100.1500.00
4% MeDirect Bank (Malta) plc Sub Unsecured € 2024-2029102.000-0.49
4.25% Mercury Projects Finance plc Secured € 2031101.9400.00

The Government Stocks traded today were:

 Closing Price% Change
5% MGS 2021(I)108.050-0.02
5.1% MGS 2022(I)113.500-0.01
4.8% MGS 2028 (I)138.2900.00
4.5% MGS 2028 (II)136.1300.10
5.25% MGS 2030 (I)150.0000.98
5.2% MGS 2031 (I)152.370-0.01
4.65% MGS 2032 (I)148.000-0.34
4.1% MGS 2034 (I)146.580-0.03
2.1% MGS 2039 (I)122.0000.41
3% MGS 2040 (I)138.000-0.36

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].