MSE Index Makes a Mere Bounce Back

MSE Daily Trading Report, 06 March, 2020

The MSE Equity Total Return Index registered a marginal growth of 0.173%. This was achieved through 70 trades spread across 14 active equities – three closed in the green while five closed in the red.

Mapfre Middlesea plc, GO plc, International Hotel Investments plc, FIMBank plc, RS2 Software plc and Malita Investments plc all closed flat.

The performance that stuck out the most was Grand Harbour Marina plc as this equity closed 8.33% lower to reach a price level of €0.55. This was done through a single trade worth €16,664.

Bank of Valletta plc equity flourished by 2.44% spread across eight deals to end today’s session at €1.05. Its peer, HSBC Bank Malta plc equity decreased by 0.93% to close at €1.06 spread across three trades worth just over €7,500.

As fears on the corona virus mount, the Malta International Airport plc equity price continued to drop by a further 2.42% to end the session at €6.05 – the lowest price level its been in 13 months. This share was the most liquid as 23 transactions tallied to €326,215.

Following suit was Medserv plc. The company’s equity price also closed lower; 2.91%, at €1 – this was based on a couple of trades with a sheer value of €700.

PG plc also had a similar performance. Seven exchanges reduced its price level to €1.95.

On the other hand, Simonds Farsons Cisk plc and BMIT Technologies plc both closed at a higher level of  0.92% to finish the session at €11 and €0.55 respectively.

In the Sovereign Debt market, out of 11 active issues, three advanced while another seven closed in the red. The 5.2% MGS 2031 (I) registered the best performance is it closed at €155.62, translating into a 0.09% increase in price. Conversely, the 5.25% MGS 2030 (I) ended the session 0.3% lower at €151.18.

In the Corporate Debt market, 25 issues were active, of which 12 registered gains while another six lost ground. The best performer was the 6% International Hotel Investments plc € 2024 as it closed 3.81% higher at €109.00. On the other hand, the 3.85% Hili Finance Company plc Unsecured € 2028 lost 1.96% as it ended the session at par.

In the Prospects MTF market, three issues were active but closed unchanged. The 5% Testa Finance plc Unsecured Bonds 2029 registered the highest liquidity as total turnover stood at €5,100.

 

The Equities traded today were:

BOV 32,380 33,900.85 8 1.050 2.44
HSB 7,083 7,507.98 3 1.060 -0.93
MMS 24,317 56,415.44 2 2.320 0.00
SFC 4,000 44,000.00 3 11.000 0.92
GO 21,691 92,427.48 3 4.260 0.00
IHI 61,816 46,362.00 3 0.750 0.00
FIM 56,300 29,189.24 4 0.580 0.00
MIA 53,450 326,215.00 23 6.050 -2.42
MDS 700 700.00 2 1.000 -2.91
GHM 30,298 16,663.90 1 0.550 -8.33
RS2 24,023 60,148.42 7 2.540 0.00
MLT 10,700 9,630.00 3 0.900 0.00
PG 117,427 229,128.65 7 1.950 -1.02
BMIT 15,000 8,250.00 1 0.550 0.92
Symbol Code Volume Traded Value Traded Trades Closing Price % Change

 

 

The Corporate Bonds traded today were:

6% Pendergardens Developments plc Secured € 2022 Series II 107.500 0.00
6% AX Investments Plc € 2024 112.000 3.11
4.4% Von der Heyden Group Finance plc Unsecured € 2024 103.000 0.98
6% International Hotel Investments plc € 2024 109.000 3.81
5.3% Mariner Finance plc Unsecured € 2024 109.000 3.42
5.1% 1923 Investments plc Unsecured € 2024 102.000 0.00
4.25% Best Deal Properties Holding plc Secured € 2024 102.000 -0.49
5.75% International Hotel Investments plc Unsecured € 2025 109.500 0.46
4.5% Hili Properties plc Unsecured € 2025 104.980 0.85
4.25% Corinthia Finance plc Unsecured € 2026 104.000 0.00
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 100.500 -0.40
4% MIDI plc Secured € 2026 104.000 0.00
4% International Hotel Investments plc Secured € 2026 104.300 0.28
4% Merkanti Holding plc Secured € 2026 103.000 0.00
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026 102.000 0.49
3.75% Premier Capital plc Unsecured € 2026 105.500 0.93
3.75% Mercury Projects Finance plc Secured € 2027 101.400 -0.10
3.75% Tumas Investments plc Unsecured € 2027 103.110 0.00
4% Stivala Group Finance plc Secured € 2027 104.000 -0.48
3.85% Hili Finance Company plc Unsecured € 2028 100.000 -1.96
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028 103.920 -0.01
3.65% Stivala Group Finance plc Secured € 2029 103.000 0.00
3.8% Hili Finance Company plc Unsecured € 2029 101.000 1.00
3.75% AX Group plc Unsec Bds 2029 Series II 104.800 0.05
3.75% Bank of Valletta plc Unsecured Sub € 2026-2031 104.020 1.98
Closing Price % Change

 

The Government Stocks traded today were:

5% MGS 2021(I) 107.500 -0.01
5.25% MGS 2030 (I) 151.180 -0.30
5.2% MGS 2031 (I) 155.620 0.09
4.65% MGS 2032 (I) 152.240 -0.29
4.45% MGS 2032 (II) 150.160 -0.29
4.3% MGS 2033 (I) 151.430 0.05
4.1% MGS 2034 (I) 151.000 -0.65
2.5% MGS 2036 (I) 131.670 0.00
2.1% MGS 2039 (I) 126.510 -0.28
3% MGS 2040 (I) 144.460 0.08
2.4% MGS 2041 (I) 133.220 -0.28
Closing Price % Change

 

The Prospect MTF Bonds traded today were:

5.5% IG Finance plc € Unsecured Bonds 2024-2027 102.000 0.99%
5.75% Pharmacare Finance Bonds Unsecured 2028 100.500 0.00%
5% Testa Finance plc Unsecured Bonds 2029 101.990 -0.01%
5% Horizon Finance Secured Bonds 2029 100.000 0.00%
Closing Price % Change

 

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].