MSE Index gains ground

MSE Daily Trading Report, 13 February, 2020

The MSE Equity Total Return Index managed to recoup its previous loss as it recorded a 0.210% increase, ending the session at 9,481.892 points. Nine equities were active, of which four advanced while one traded lower. A total turnover of €472,567 was generated over 38 deals.

Two equities were active in the banking sector, Bank of Valletta plc and HSBC Bank Malta plc, of which both closed unchanged at €1.05 and €1.06, respectively. BOV registered a total turnover of €13,306 as 12,672 shares changed hands over seven deals. Meanwhile, a sole deal of 11,000 HSBC shares generated a total turnover of €11,660.

Malta International Airport plc erased yesterday’s loss as it was up by 0.72%, reaching the €6.95 price level. This was the outcome of six deals with a spread of 8,875 shares. Total turnover stood at €61,636.

The most liquid equity was GO plc as a total turnover of €266,298 was recorded. Price was up by 0.49% as 64,212 shares changed ownership across five transactions. Its subsidiary, BMIT Technologies plc, headed the list of gainers with a 1.96% increase in price as eight deals of 80,917 shares were executed. The equity closed at €0.52 and recorded a total turnover of €42,027.

Mapfre Middlesea plc traded once over 2,000 shares, worth €4,720. As a result, the equity closed 0.85% higher at €2.36.

A sole deal of 8,932 International Hotel Investments plc shares did not impact the equity’s previous closing price of €0.80. The equity registered a total turnover of €7,146. Similarly, PG plc was active over eight deals involving 30,200 shares but closed unchanged at €2.00. Total turnover amounted to €60,400.

The only negative performer was Grand Harbour Marina plc, as it closed 0.91% lower at €0.545. A total turnover of €5,375 was generated over one deal of 9,862 shares.

In the corporate debt market, out of 19 active issues, 12 headed north while another one closed in the opposite direction. The best performer was the 4.35% SD Finance plc Unsecured € 2027 as it closed 1.96% higher at €104.01. Meanwhile, the 3.75% Bank of Valletta plc Unsecured Sub € 2026-2031 declined to €102.99, translating into a 0.01% fall in price.

In the sovereign debt market, 14 issues were active, of which nine advanced while another four closed in the red. The 4.5% MGS 2028 (II) registered the best performance as it closed 0.24% higher at €137.46. On the other hand, the 2.5% MGS 2036 (I) traded 0.33% lower, ending the session at €129.15.

In the prospects MTF market, six issues were active, of which one headed north while another three lost ground. The only positive performer was the 5% The Convenience Shop Holding plc Unsec Call € 2026-2029 as it closed 1.27% higher at €100.00.


The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change

 The Corporate Bonds traded today were:

Closing Price% Change
5.5% Pendergardens Developments plc Secured € 2020 Series I101.3000.30
5.75% Central Business Centres plc Unsecured € 2021 S1T1104.0000.97
4.4% Von der Heyden Group Finance plc Unsecured € 2024101.7501.24
6% International Hotel Investments plc € 2024109.0000.93
5.3% Mariner Finance plc Unsecured € 2024109.0000.93
5.75% International Hotel Investments plc Unsecured € 2025109.0000.00
4% MIDI plc Secured € 2026104.5001.46
4% Merkanti Holding plc Secured € 2026102.0000.79
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026102.0000.00
3.75% Premier Capital plc Unsecured € 2026104.5000.47
3.75% Mercury Projects Finance plc Secured € 2027101.4900.00
4.35% SD Finance plc Unsecured € 2027104.0101.96
3.75% Tumas Investments plc Unsecured € 2027102.0000.98
3.75% Bortex Group Finance plc Unsecured € 2027104.5000.00
4% Exalco Finance plc Secured € 2028105.0000.00
4% SP Finance plc Secured EUR Bonds 2029101.3500.00
3.8% Hili Finance Company plc Unsecured € 202999.8901.93
3.75% AX Group plc Unsec Bds 2029 Series II105.5000.48
3.75% Bank of Valletta plc Unsecured Sub € 2026-2031102.990-0.01

The Government Stocks traded today were:

Closing Price% Change
5% MGS 2021(I)107.780-0.03
4.3% MGS 2022 (II)110.200-0.03
5.1% MGS 2022(I)113.350-0.02
5.5% MGS 2023 (I)119.3200.03
4.5% MGS 2028 (II)137.4600.24
2.3% MGS 2029 (II)119.3700.14
5.25% MGS 2030 (I)150.2700.06
5.2% MGS 2031 (I)154.5400.12
4.65% MGS 2032 (I)150.9100.09
4.3% MGS 2033 (I)149.4000.19
4.1% MGS 2034 (I)149.4500.21
2.5% MGS 2036 (I)129.150-0.33
2.1% MGS 2039 (I)125.0000.00
3% MGS 2040 (I)141.3100.04

 The Prospects MTF traded today were:

Closing Price% Change
5% The Convenience Shop Holding plc Unsec Call € 2026-2029100.0001.27%
5.25% Klikk Finance plc € Unsecured 2027100.0000.00%
5% JD Capital plc Unsecured € Bonds 2028100.000-0.99%
5.35% D Shopping Malls Finance plc € Unsecured 202899.0000.00%
5.75% Pharmacare Finance plc Unsecured EUR Bonds 2025-2028100.000-0.99%
4.75% Gillieru Investments plc Secured Bonds 2028102.500-0.49%

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].