MSE Daily Trading Report, 31 January, 2020

The MSE Equity Total Return Index remained in positive territory as it closed 0.302% higher at 9,504.238 points. A total of nine equities were active, of which three registered gains, whilst one has traded lower. The other have remained unchanged. Total turnover amounted to €515,699 as 63 deals were executed.

In the banking industry, HSBC Bank Malta plc traded nine times leaving the price unchanged at €1.05 as 118,465 shares changed hands with a total turnover of €124,388. On the other hand, Bank of Valletta plc was the most active with 18 deals leaving also the price unchanged at €1.08 over a spread of 49,699 shares. A total turnover of €53,411 were recorded.

Simonds Farsons Cisk plc registered only one trade with a volume of 81 shares increasing the price by 0.93% to close at €10.90 which generated a minimal total turnover of €883.

One deal involving 7,000 GO plc shares left the price unchanged, to close at €4.14. Total turnover stood at €28,980.

RS2 Software plc registered the highest liquidity of €244,265 as 105,614 shares were spread over 17 deals registering an increase of 1.74% to close at €2.36. Last Friday, RS2 Software plc published the presentation for the acquisition of 100% of KALICOM Liebers Zahlungssysteme KG, during a stockbrokers’ meeting held on January 28, 2020. This acquisition will give RS2 a boost for entering into the direct merchant business as well as a potential for a significant value creation through integrated group capabilities.

The best performer was PG plc with a 3.59% increase, to end the session at €2.02. A total turnover of €19,234 was generated as 9592 shares were spread over five transactions. During the day, the equity declined to €2.02 but managed to recoup the loss until end of session.

Malta International airport plc lost 0.72% as it closed at €6.90. A total of 2,950 shares were executed over 7 deals, generating a total turnover of €20,355.

Both International Hotel Investments plc and MIDI plc kept the price unchanged at €0.81 and €0.47 respectively.

In the corporate debt market, 14 issues were active, of which seven closed in the green while another three closed in the red. The 5.75% International Hotel Investments plc unsecured 2025 headed the list of gainers as it closed 1.40% higher at €108.50. Conversely, the 5.8% International Hotel Investments plc 2021 lost 2.39%, ending the session at €101.90.

On the sovereign debt front, out of 10 active issues, seven advanced while another three lost ground. The top gainer was 5.25% MGS 2030 (I) as it increased by 6.20% closing at €160. On the other hand, 4.6% MGS 2020 (II) closed 0.09% lower at €101.02.

In the prospects MTF market, 4.75% Gillieru Investments plc Secured Bonds 2028 registered the highest gain of 1.08% to close at €103. On the other hand, 5.25% Klikk Finance plc € Unsecured 2027 and 5% Borgo Lifestyle Finance plc Secured Callable 2026-2029 both closed flat at €100 and €100.50 respectively.

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	49,699	53,410.66	18	1.080	0.00
HSB	118,465	124,388.25	9	1.050	0.00
SFC	81	882.90	1	10.900	0.93
GO	7,000	28,980.00	1	4.140	0.00
IHI	25,015	20,281.49	4	0.810	0.00
MIA	2,950	20,355.00	7	6.900	-0.72
RS2	105,614	244,265.02	17	2.340	1.74
MDI	8,300	3,901.00	1	0.470	0.00
PG	9,592	19,234.84	5	2.020	3.59

The Corporate Bonds traded today were:

	Closing Price	% Change
5.8% International Hotel Investments plc 2021	101.900	-2.39
6% Pendergardens Developments plc Secured € 2022 Series II	108.000	0.00
6% International Hotel Investments plc € 2024	106.500	0.95
5.1% 1923 Investments plc Unsecured € 2024	101.900	0.00
4.25% Best Deal Properties Holding plc Secured € 2024	102.000	0.00
5.75% International Hotel Investments plc Unsecured € 2025	108.500	1.40
4% Merkanti Holding plc Secured € 2026	101.400	-0.10
3.75% Premier Capital plc Unsecured € 2026	105.250	0.24
3.25% AX Group plc Unsec Bds 2026 Series I	103.100	0.10
3.75% Mercury Projects Finance plc Secured € 2027	100.600	0.00
3.75% Bortex Group Finance plc Unsecured € 2027	102.000	0.49
3.65% Stivala Group Finance plc Secured € 2029	102.300	0.29
3.8% Hili Finance Company plc Unsecured € 2029	99.800	-0.09
3.75% AX Group plc Unsec Bds 2029 Series II	103.540	0.23

The Government Stocks traded today were:

	Closing Price	% Change
4.6% MGS 2020 (II)	101.020	-0.09
4.8% MGS 2028 (I)	142.930	2.18
4.5% MGS 2028 (II)	140.000	1.60
5.25% MGS 2030 (I)	160.000	6.20
4.45% MGS 2032 (II)	149.060	-0.03
4.3% MGS 2033 (I)	149.610	0.36
4.1% MGS 2034 (I)	149.600	1.95
2.2% MGS 2035 (I)	123.730	0.23
2.1% MGS 2039 (I)	124.200	-0.05
2.4% MGS 2041 (I)	130.720	1.73

The Prospects MTF traded today were:

	Closing Price	% Change
5.25% Klikk Finance plc € Unsecured 2027	100.000	0.00%
4.75% Gillieru Investments plc Secured Bonds 2028	103.000	1.08%
5% Borgo Lifestyle Finance plc Secured Callable 2026-2029	100.500	0.00%

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].