MSE Index registers a 0.15% decline

MSE Daily Trading Report, 21 January, 2020

The MSE Equity Total Return Index lost 0.15% and thus outweighing yesterday’s marginal gain, as four equities lost ground while two appreciated. The other five active equities closed unchanged. Turnover surpassed the €1million mark as 48 trades were registered. The MSE index closed the day at 9,518.163 points.

Malita Investments plc headed the list of fallers as single trade of 2,695 shares dragged the price down by 4.26%, to close at €0.90. On the contrary, Malta Properties Company plc registered the best daily performance, as two deals worth a total of €4,346 pushed the price up by 4.62%, to close at €0.68.

In the banking sector, HSBC Bank Malta plc shares declined by 1.79% to close at €1.10, as five transactions worth €34,150 were executed.

Nine transactions in which a total of 8,840 shares exchanged hands, saw Malta International Airport plc register a 0.72% decline in price, to close at €6.85.

Thin trading in BMIT Technologies plc yielded a 2.96% adverse price movement, to close at €0.51. A total of 4,000 shares changed ownership over one transaction.

The most liquid equity by a margin in today’s session was PG plc. Trading in this equity accounted for over 84% of total market trading. A total of 461,317 shares changed hands over 17 deals, as the equity’s price at close of session read €1.90.

Elsewhere, Bank of Valletta plc, GO plc, MaltaPost plc, RS2 Software plc and Harvest Technology plc were all active but closed unchanged.

In the corporate debt market, 17 issues were active as turnover exceeded €260,000. Five issues gained while another three closed in the red. International Hotel Investments plc bonds were present at both extreme ends of the spectrum. The 4% International Hotel Investments plc Unsecured €2026 fell by 1.25%, to close at €101.71, while the 5.75% International Hotel Investments plc Unsecured €2025 gained 0.94%, to close at €107.

On the sovereign debt market, 11 issues were active, of which seven closed in the green while two declined. Total turnover stood at €0.98 million spread over 18 trades. The long-dated 5.25% MGS 2030 (I) shed 85 basis points, to close at €148.73 while the 4.65% MGS 2032 (I) gained 0.57%, to close at €148.85.

 

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV15,33216,865.2051.1000.00
HSB31,00034,150.0051.100-1.79
GO1,4105,865.6014.1600.00
MIA8,84060,681.3096.850-0.72
MTP2,1252,868.7511.3500.00
RS211,78026,439.2442.2800.00
MLT2,6952,425.5010.900-4.26
MPC6,4334,346.1120.6804.62
PG461,317854,111.45171.9002.70
BMIT4,0002,040.0010.510-2.86
HRV3,2644,896.0021.5000.00

The Corporate Bonds traded today were:

 Closing Price% Change
6% Medserv plc Sec. & Grntd €  Notes 2020-2023 S1 T1100.010-1.12
5.1% 1923 Investments plc Unsecured € 2024101.9000.00
5.75% International Hotel Investments plc Unsecured € 2025107.0000.94
4.35% Hudson Malta plc Unsecured € 2026104.0000.00
4% Merkanti Holding plc Secured € 2026101.9000.89
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026102.000-0.97
3.75% Premier Capital plc Unsecured € 2026105.0000.00
4% International Hotel Investments plc Unsecured € 2026101.710-1.25
3.75% Mercury Projects Finance plc Secured € 2027100.5000.00
4.35% SD Finance plc Unsecured € 2027101.0000.00
3.5% Simonds Farsons Cisk plc Unsecured € 2027109.0000.00
4% Stivala Group Finance plc Secured € 2027104.0000.00
3.75% Bortex Group Finance plc Unsecured € 2027102.0000.47
4% SP Finance plc Secured EUR Bonds 2029101.2500.00
3.8% Hili Finance Company plc Unsecured € 2029100.4000.25
4% MeDirect Bank (Malta) plc Sub Unsecured € 2024-2029102.0000.00
4.25% Mercury Projects Finance plc Secured € 2031101.9600.02

 The Government Stocks traded today were:

 Closing Price% Change
5% MGS 2021(I)108.0600.01
5.25% MGS 2030 (I)148.730-0.85
5.2% MGS 2031 (I)152.6100.16
4.65% MGS 2032 (I)148.8500.57
4.45% MGS 2032 (II)147.2300.50
4.3% MGS 2033 (I)146.8300.00
4.1% MGS 2034 (I)146.8900.21
2.5% MGS 2036 (I)126.3300.02
2.1% MGS 2039 (I)122.0800.07
3% MGS 2040 (I)137.720-0.20
2.4% MGS 2041 (I)128.0000.00

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].