Higher MSE Index as HSBC recoups lost ground

MSE Daily Trading Report, 20 February, 2020

The MSE Equity Total Return Index registered a positive 0.45% change as it reached 9,466.714 points. Five equities were active, of which two headed north while the rest closed unchanged. A total turnover of €87,853 was generated over 13 transactions.

The best performer and the most liquid equity was in the banking industry as HSBC Bank Malta plc hit again the price of €1.10.  Five deals involving 50,504 shares pushed the price 4.76% higher, erasing yesterday’s loss. A total turnover of €55,534 was recorded.

Meanwhile, its peer, Bank of Valletta plc, was active but did not register any movement in price as it closed at €1.04. Total turnover amounted to €28,346 as 27,256 shares changed hands across four transactions.

Another positive performer was in the property sector, as a sole deal of 2,000 MIDI plc shares changed price by 2.94%. The equity ended the session at €0.49 and generated a slim turnover.

International Hotel Investments plc traded twice over 746 shares, which did not impact the equity’s previous closing price of €0.77.

Similarly, PG plc executed a single deal of 1,300 shares but closed unchanged at €2.00. Total turnover stood at €2,600.

In the sovereign debt market, out of 11 active issues, five traded higher while another four declined. The best performance of a 2.46% increase in price was recorded by the 2.2% MGS 2035 (I), as it closed at €125.00. Conversely, the 4.5% MGS 2028 (II) closed 0.1% lower at €137.52.

In the Corporate debt market, 20 issues were active, of which eight advanced while another five closed in the red. The 5.8% International Hotel Investments plc 2021 headed the list of gainers as it closed 2.45% higher at €104.40. On the other hand, the 4.25% Mercury Projects Finance plc Secured € 2031 lost 0.18%, ending the session at €101.52.

In the Prospects MTF market, three issues were active, of which two closed in the opposite direction while one closed unchanged. The 5.35% D Shopping Malls Finance plc € Unsecured 2028 was the only positive performer as it closed 0.35% higher at €99.35. Meanwhile, the 5% Borgo Lifestyle Finance plc Secured Callable 2026-2029 traded 0.54% lower, ending the session at €100.45.

 

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV27,25628,346.2441.0400.00
HSB50,50455,354.4051.1004.76
IHI746572.5620.7700.00
MDI2,000980.0010.4902.94
PG1,3002,600.0012.0000.00

 The Corporate Bonds traded today were:

 Closing Price% Change
5.8% International Hotel Investments plc 2021104.4002.45
5.1% 1923 Investments plc Unsecured € 2024102.0000.15
4.25% Best Deal Properties Holding plc Secured € 2024102.990-0.01
4.5% Hili Properties plc Unsecured € 2025104.0500.05
4.5% Medserv plc Unsecured € 202699.0000.00
4.35% Hudson Malta plc Unsecured € 2026105.0000.00
4% International Hotel Investments plc Secured € 2026104.0000.39
4% Merkanti Holding plc Secured € 2026102.0000.00
3.75% Premier Capital plc Unsecured € 2026104.5200.00
4% International Hotel Investments plc Unsecured € 2026103.0000.00
4.35% SD Finance plc Unsecured € 2027104.000-0.05
4% Eden Finance plc Unsecured € 2027104.5300.01
4.5% Grand Harbour Marina plc Unsecured € 2027105.5000.48
4% Stivala Group Finance plc Secured € 2027105.5100.00
3.75% Bortex Group Finance plc Unsecured € 2027104.8100.01
3.85% Hili Finance Company plc Unsecured € 2028102.0000.49
4% SP Finance plc Secured EUR Bonds 2029101.360-0.14
3.75% TUM Finance plc Secured € 2029102.990-0.01
3.8% Hili Finance Company plc Unsecured € 2029100.1000.00
4.25% Mercury Projects Finance plc Secured € 2031101.520-0.18

The Government Stocks traded today were:

 Closing Price% Change
5% MGS 2021(I)107.670-0.05
4.3% MGS 2022 (II)110.100-0.07
4.8% MGS 2028 (I)139.640-0.09
4.5% MGS 2028 (II)137.520-0.10
2.3% MGS 2029 (II)119.0000.85
4.1% MGS 2034 (I)149.5900.04
2.2% MGS 2035 (I)125.0002.46
2.5% MGS 2036 (I)129.3700.05
2.1% MGS 2039 (I)125.0000.00
3% MGS 2040 (I)141.4900.49
2.4% MGS 2041 (I)130.0000.00

The Prospects MTF Bonds traded today were:

 Closing Price% Change
5.35% D Shopping Malls Finance plc € Unsecured 202899.3500.35%
5% Borgo Lifestyle Finance plc Secured Callable 2026-2029100.450-0.54%
5% Smartcare Finance plc Secured € 2029102.0000.00%

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].