MIA drags MSE Index by a further 1.716%
MSE Daily Trading Report, 10 March, 2020
The MSE Equity Total Return Index declined by a further 1.716% as it closed at 9,037.737 points. A total of 11 equities were active, of which two registered gains while another eight lost ground. A total turnover of €627,672 was generated over 81 deals.
The most liquid equity was Malta International Airport plc as total turnover amounted to €406,655. The equity did not manage to recoup its loss as it headed the list of fallers with a 10.53% decline, to close at €5.10. A total of 75,994 shares changed hands over 35 transactions. Yesterday, the company announced its traffic results for the month of February, whereby it registered a 17.3% growth when compared to the same month of the previous year. Despite this positive performance, travel demand dropped significantly in the last week of the month due to the Covid-19 outbreak in Europe.
In the banking sector, Bank of Valletta plc was up by 0.97% as 12 deals involving 74,123 shares were executed. Price increased to €1.04 and a total turnover of €76,394 shares was recorded.
Similarly, FIMBank plc registered a positive 8.62% change in price, as it closed at $0.63. Total turnover stood at €41,981 was generated as 69,175 shares changed hands over seven transactions.
On the other hand, HSBC Bank Malta plc lost 2.86% as it closed at €1.02. Six deals involving 25,117 shares generated a total turnover of €26,047.
Telecommunications company, GO plc, traded once over 2,000 shares, worth €8,400. As a result, price declined by 0.47% as it ended the session at €4.20. On a similar note, its subsidiary, BMIT Technologies plc, closed 3.64% lower at €0.53. This was the outcome of two deals with a mix of 7,000 shares, which generated a total turnover of €3,710.
Seven deals involving 48,894 International Hotel Investments plc dragged the price by 8.11%, reaching the €0.68 price level. Total turnover amounted to €33,126.
In the property sector, MIDI plc traded twice over a spread of 15,000 shares, which resulted into a 0.45% fall in price, to close at €0.44. The equity registered a total turnover of €6,610. Similarly, Malta Properties Company plc executed one deal of slim volume, ending the session 1.56% lower at €0.63.
Retail conglomerate, PG plc, closed in the red with a 0.52% decline to reach the €1.90 price level. The equity recorded a total turnover of €12,388 as two deals involving 6,520 shares were executed. Similarly, Simonds Farsons Cisk plc traded three times on slim volume to close 0.91% lower at €10.90. The equity registered a total turnover of €4,940.
Elsewhere, Mapfre Middlesea plc was active but closed unchanged at €2.32.
In the Sovereign Debt market, seven issues were active, of which one headed north while the rest closed in the opposite direction. The only positive performer was the 5.25% MGS 2030 (I) as it closed 0.44% higher at €151.85. Meanwhile, the 2.4% MGS 2041 (I) traded 1.57% lower, ending the session at €133.21.
In the Corporate Debt market, out of 30 active issues, seven advanced while another 17 closed in negative territory. The best performer was the 3.75% Bortex Group Finance plc Unsecured € 2027 as it closed 5.34% higher at €105.55. Conversely, the 5.3% Mariner Finance plc Unsecured € 2024 lost 3.21%, to close at €105.50.
In the Prospects MTF market, eight issues were active, of which one traded higher while another four closed in the red. The 5.35% D Shopping Malls Finance plc € Unsecured 2028 registered a positive 0.05% change in price, as it ended the session at €99.40.
The Equities traded today were:
| Symbol Code | Volume Traded | Value Traded | Trades | Closing Price | % Change |
| BOV | 74,123 | 76,394.25 | 12 | 1.040 | 0.97 |
| HSB | 25,117 | 26,046.92 | 6 | 1.020 | -2.86 |
| MMS | 5,444 | 12,630.08 | 3 | 2.320 | 0.00 |
| SFC | 450 | 4,940.00 | 3 | 10.900 | -0.91 |
| GO | 2,000 | 8,400.00 | 1 | 4.200 | -0.47 |
| IHI | 48,894 | 33,126.49 | 7 | 0.680 | -8.11 |
| FIM | 69,175 | 36,645.29 | 7 | 0.630 | 8.62 |
| MIA | 75,994 | 406,655.30 | 35 | 5.100 | -10.53 |
| MDI | 15,000 | 6,610.00 | 2 | 0.440 | -0.45 |
| MPC | 200 | 126.00 | 1 | 0.630 | -1.56 |
| PG | 6,520 | 12,388.00 | 2 | 1.900 | -0.52 |
| BMIT | 7,000 | 3,710.00 | 2 | 0.530 | -3.64 |
The Corporate Bonds traded today were:
| Closing Price | % Change | |
| 5.8% International Hotel Investments plc 2021 | 100.210 | 0.01 |
| 3.65% GAP Group plc Secured € 2022 | 100.000 | -1.96 |
| 6% Medserv plc Sec. & Grntd € Notes 2020-2023 S1 T1 | 100.000 | 0.00 |
| 5.3% United Finance Plc Unsecured € Bonds 2023 | 102.500 | -0.49 |
| 6% AX Investments Plc € 2024 | 112.000 | 0.00 |
| 6% International Hotel Investments plc € 2024 | 109.000 | 0.00 |
| 5.3% Mariner Finance plc Unsecured € 2024 | 105.500 | -3.21 |
| 5% Tumas Investments plc Unsecured € 2024 | 103.500 | 0.00 |
| 5.1% 1923 Investments plc Unsecured € 2024 | 101.000 | -0.49 |
| 5.75% International Hotel Investments plc Unsecured € 2025 | 109.500 | 0.00 |
| 4.5% Hili Properties plc Unsecured € 2025 | 105.040 | 0.02 |
| 4.35% Hudson Malta plc Unsecured € 2026 | 105.200 | 0.19 |
| 4.25% Corinthia Finance plc Unsecured € 2026 | 103.000 | -0.15 |
| 4% MIDI plc Secured € 2026 | 104.000 | 0.00 |
| 4% International Hotel Investments plc Secured € 2026 | 103.500 | -0.48 |
| 4% Merkanti Holding plc Secured € 2026 | 103.000 | 0.98 |
| 4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026 | 101.500 | -0.49 |
| 4% International Hotel Investments plc Unsecured € 2026 | 101.700 | -1.26 |
| 4.35% SD Finance plc Unsecured € 2027 | 102.030 | -1.89 |
| 4% Eden Finance plc Unsecured € 2027 | 104.610 | -0.56 |
| 3.75% Tumas Investments plc Unsecured € 2027 | 103.900 | 0.77 |
| 4.5% Grand Harbour Marina plc Unsecured € 2027 | 105.000 | -0.47 |
| 4% Stivala Group Finance plc Secured € 2027 | 102.920 | -1.51 |
| 3.75% Virtu Finance plc Unsecured € 2027 | 104.500 | -0.03 |
| 3.75% Bortex Group Finance plc Unsecured € 2027 | 105.550 | 5.34 |
| 4.15% Phoenicia Finance Company plc Unsecured € 2023-2028 | 103.850 | -0.07 |
| 4% SP Finance plc Secured EUR Bonds 2029 | 100.050 | -1.28 |
| 3.75% TUM Finance plc Secured € 2029 | 101.710 | -2.10 |
| 3.8% Hili Finance Company plc Unsecured € 2029 | 100.000 | -0.50 |
| 3.5% Bank of Valletta plc € Notes 2030 S1 T1 | 101.000 | 0.50 |
The Government Stocks traded today were:
| Closing Price | % Change | |
| 5% MGS 2021(I) | 107.390 | -0.06 |
| 4.3% MGS 2022 (II) | 109.780 | -0.14 |
| 5.1% MGS 2022(I) | 112.870 | -0.30 |
| 5.25% MGS 2030 (I) | 151.850 | 0.44 |
| 5.2% MGS 2031 (I) | 154.800 | -0.52 |
| 4.65% MGS 2032 (I) | 151.460 | -0.77 |
| 2.4% MGS 2041 (I) | 133.210 | -1.57 |
The Prospect MTF Bonds traded today were:
| Closing Price | % Change | |
| 5% The Convenience Shop Holding plc Unsec Call € 2026-2029 | 100.000 | 0.00% |
| 4.875% AgriHoldings Plc Senior Secured € 2024 | 101.000 | 0.00% |
| 5% JD Capital plc Unsecured € Bonds 2028 | 99.860 | -0.14% |
| 5.35% D Shopping Malls Finance plc € Unsecured 2028 | 99.400 | 0.05% |
| 4.75% Gillieru Investments plc Secured Bonds 2028 | 100.000 | -2.91% |
| 5.5% Testa Finance plc € Bonds 2029 | 101.000 | -0.97% |
| 5% Borgo Lifestyle Finance plc Secured Callable 2026-2029 | 100.000 | -0.45% |
| 5% FES Finance plc Secured € 2029 | 101.000 | 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].