Large caps drag MSE Index further down

MSE Daily Trading Report, 06 February, 2020

The MSE Equity Total Return Index ended the session 0.511% lower at 9,480.837 points. Out of 10 active issues, two headed north while another five closed in the opposite direction. A total turnover of €603,741 was generated across 50 transactions.

In the banking industry, all three active equities lost ground. Bank of Valletta plc declined to €1.05 as four deals involving 51,024 shares were executed. A total turnover of €53,575 was recorded.

Following suit, HSBC Bank Malta plc closed at €1.05, translating into a 0.94% fall in price. A total turnover of €86,508 was generated as 81,442 shares changed hands over 13 transactions.

Similarly, FIMBank plc headed the list of fallers as it closed 3.33% lower at $0.58. This was the outcome of two deals involving 75,806 shares.

Another large cap equity, Malta International Airport plc, was down by 1.44% as 1,000 shares were spread over five deals. A total turnover of €6,897 was generated as the equity closed at €6.85.

A sole deal of 2,200 GO plc shares dragged the price 0.96% lower, to end the session at €4.14, generating a total turnover of €9,108.

On the other side of the spectrum, Simonds Farsons plc advanced by 0.92%, generating a total turnover of €51,579. This was the outcome of six transactions involving 4,723 shares.

RS2 Software plc also registered a positive performance as it traded 0.85% higher at €2.36. Total turnover amounted to €83,328 as 35,600 shares changed ownership across six deals.

The highest liquidity was recorded by PG plc, as total turnover stood at €257,946. This was the result of 11 deals involving 128,240 shares. The equity’s previous closing price of €2.02 was not impacted.

Meanwhile, in the property sector, Malita Investments plc and Tigne Mall plc both traded once but closed unchanged at €0.90.

In the corporate debt market, 22 issues were active, of which 10 registered gains while another seven lost ground. The 3.75% Premier Capital plc Unsecured € 2026 headed the list of gainers as it closed 2.70% higher at €104.75. Conversely, the 5.1% 6PM Holdings plc Unsecured € 2025 traded 1.59% lower, to close at €102.00.

In the sovereign debt market, out of six active issues, the 2.1% MGS 2039 (I) closed 0.40% higher at €125.00 while the rest closed in the red. The 4.8% MGS 2028 (I) lost 2.63%, to end the session at €139.17.

In the prospects MTF market, 5.25% Klikk Finance plc € Unsecured 2027 and 5.35% D Shopping Malls Finance plc € Unsecured 2028 were active but closed unchanged at €100.00 and €99.00, respectively.

 

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV51,02453,575.2041.050-0.94
HSB81,44286,507.66131.050-0.94
SFC4,72351,579.20611.0000.92
GO2,2009,108.0014.140-0.96
FIM75,80639,890.6620.580-3.33
MIA1,0006,896.6056.850-1.44
RS235,60083,328.4862.3600.85
MLT11,0069,905.4010.9000.00
TML5,5605,004.0010.9000.00
PG128,240257,945.80112.0200.00

The Corporate Bonds traded today were:

 Closing Price% Change
5.75% Central Business Centres plc Unsecured € 2021 S1T1102.5500.05
3.65% GAP Group plc Secured € 2022102.0000.00
5.8% International Hotel Investments plc 2023108.5004.32
4.4% Von der Heyden Group Finance plc Unsecured € 2024101.7500.00
6% International Hotel Investments plc € 2024107.700-0.04
5.3% Mariner Finance plc Unsecured € 2024107.9502.61
5.1% 1923 Investments plc Unsecured € 2024101.500-0.41
5.75% International Hotel Investments plc Unsecured € 2025108.5000.00
5.1% 6PM Holdings plc Unsecured € 2025102.000-1.59
4.5% Medserv plc Unsecured € 202699.0000.00
4% Merkanti Holding plc Secured € 2026101.2000.00
5% Dizz Finance plc Unsecured € 2026101.950-0.05
3.75% Premier Capital plc Unsecured € 2026104.7502.70
4% International Hotel Investments plc Unsecured € 2026102.600-0.39
4.35% SD Finance plc Unsecured € 2027103.440-0.01
4% Stivala Group Finance plc Secured € 2027105.5001.34
4% SP Finance plc Secured EUR Bonds 2029101.3400.84
3.8% Hili Finance Company plc Unsecured € 2029100.0000.01
3.75% AX Group plc Unsec Bds 2029 Series II104.5001.46
3.5% Bank of Valletta plc € Notes 2030 S1 T1100.0000.40
3.5% Bank of Valletta plc € Notes 2030 S2 T1100.0000.20
4.25% Mercury Projects Finance plc Secured € 2031101.500-0.10

The Government Stocks traded today were:

 Closing Price% Change
4.6% MGS 2020 (II)101.000-0.02
4.8% MGS 2028 (I)139.170-2.63
4.5% MGS 2028 (II)137.040-0.41
2.3% MGS 2029 (II)118.920-0.38
2.1% MGS 2039 (I)125.0000.40
2.4% MGS 2041 (I)130.350-0.21

The Prospects MTF traded today were:

 Closing Price% Change
5.25% Klikk Finance plc € Unsecured 2027100.0000.00%
5.35% D Shopping Malls Finance plc € Unsecured 202899.0000.00%

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].