MSE Daily Trading Report, 12 March, 2020

The MSE Equity Total Return Index lost ground as it reached 8,925.424 points, translating into a 1.415% decline. A total of 14 equities were active, of which one registered a gain while another eight traded lower. A total turnover of € was generated over deals.

In the banking sector, all three active equities closed in the red. Bank of Valletta plc declined by 1.92% as 96,246 shares changed hands over 10 transactions. Total turnover stood at €99,596 as price reached the €1.02 price level.

Its peer, HSBC Bank Malta plc, closed 2.91% lower at €1.00 as 10 deals involving 41,979 shares were executed. A total turnover of €42,394 was generated.

Similarly, a sole deal of 1,200 Lombard Bank Malta plc shares dragged price by 3.60%, to close at €2.14. Total turnover amounted to €2,568.

Malta International Airport plc registered the highest liquidity as a total turnover of €107,323 was recorded. Price declined by 3.81% to €5.05 as 21,041 shares changed ownership over 29 transactions.

International Hotel Investments plc headed the list of fallers with a negative 8.09% change in price, as it executed six deals with a mix of 27,780 shares. The equity declined to €0.625 and generated a total turnover of €18,374.

In the property sector, one deal of 26,350 Malta Properties Company plc shares was executed, worth €16,337. This resulted into a 1.59% decline, to close at €0.62.

On a similar note, Tigne’ Mall plc traded once over 4,000 share. As a result, price was down by 3.37%, ending the session at €0.86.

Meanwhile, Trident Estates plc and Malita Investments plc were both active but closed unchanged at €1.62 and €0.90, respectively.

Plaza Shopping Complex plc closed 4.37% lower at €0.985 as three deals involving 7,500 shares were executed. Total turnover stood at €7,388.

The only equity which closed in positive territory was Mapfre Middlesea plc. The equity was up by 7.83%, as it closed at 2.48. A total turnover of €19,874 was recorded as 8,462 shares changed ownership over sic deals.

Elsewhere, BMIT Technologies plc, Medserv plc and PG plc were all active but closed unchanged at €0.54, €1.00 and €1.90, respectively.

In the Sovereign Debt market, out of nine active issues, three advanced while the rest closed in the red. The 2.3% MGS 2029 (II) headed the list of gainers as it closed 0.34% higher at €119.63. Conversely, the 2.5% MGS 2036 (I) closed 1.06% lower at €131.70.

In the Corporate Debt market, 25 issues were active, of which four headed north while another 12 closed in the opposite direction. The best performance was recorded by the 3.65% GAP Group plc Secured € 2022 as it closed 1% higher at €101.00. On the other hand, the 4% Merkanti Holding plc Secured € 2026 declined by 1.73%, to close at €101.22.

In the Prospects MTF market, six issues were active but all closed unchanged.

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	96,246	99,595.58	10	1.020	-1.92
HSB	41,979	42,393.79	10	1.000	-2.91
LOM	1,200	2,568.00	1	2.140	-3.60
MMS	8,462	19,874.40	6	2.480	7.83
IHI	27,780	18,374.00	6	0.625	-8.09
PZC	7,500	7,387.50	3	0.985	-4.37
MIA	21,041	107,322.90	29	5.050	-3.81
MDS	6,000	6,000.00	2	1.000	0.00
MLT	40,000	35,900.00	4	0.900	0.00
TML	4,000	3,440.00	1	0.860	-3.37
MPC	26,350	16,337.00	1	0.620	-1.59
PG	2,500	4,750.00	3	1.900	0.00
TRI	1,800	2,916.00	2	1.620	0.00
BMIT	61,400	32,856.00	8	0.540	0.00

The Corporate Bonds traded today were:

	Closing Price	% Change
3.65% GAP Group plc Secured € 2022	101.000	1.00
6% AX Investments Plc € 2024	112.000	0.00
5% Tumas Investments plc Unsecured € 2024	103.500	0.00
5.75% International Hotel Investments plc Unsecured € 2025	109.500	0.00
4.5% Izola Bank plc € Unsecured 2025	106.800	0.03
4.5% Hili Properties plc Unsecured € 2025	105.030	0.00
4% MIDI plc Secured € 2026	104.000	0.00
4% International Hotel Investments plc Secured € 2026	103.500	0.49
4% Merkanti Holding plc Secured € 2026	101.220	-1.73
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026	100.050	-1.43
3.75% Premier Capital plc Unsecured € 2026	105.500	0.00
3.25% AX Group plc Unsec Bds 2026 Series I	103.350	-0.05
4% International Hotel Investments plc Unsecured € 2026	101.700	0.00
3.75% Mercury Projects Finance plc Secured € 2027	101.000	-0.39
4.35% SD Finance plc Unsecured € 2027	101.450	-0.57
4% Eden Finance plc Unsecured € 2027	104.610	-0.13
3.5% Simonds Farsons Cisk plc Unsecured € 2027	107.150	0.00
4% Stivala Group Finance plc Secured € 2027	102.510	-0.40
3.75% Virtu Finance plc Unsecured € 2027	104.000	-0.48
3.75% Bortex Group Finance plc Unsecured € 2027	102.000	-3.36
4% SP Finance plc Secured EUR Bonds 2029	100.000	-0.05
3.75% TUM Finance plc Secured € 2029	101.200	-0.39
3.8% Hili Finance Company plc Unsecured € 2029	99.910	-0.09
4% MeDirect Bank (Malta) plc Sub Unsecured € 2024-2029	102.500	0.49
3.75% AX Group plc Unsec Bds 2029 Series II	104.750	0.00

The Government Stocks traded today were:

	Closing Price	% Change
5% MGS 2021(I)	107.370	-0.02
5.1% MGS 2022(I)	112.960	0.05
5.5% MGS 2023 (I)	118.980	-0.27
4.8% MGS 2028 (I)	139.610	-0.39
2.3% MGS 2029 (II)	119.630	0.34
5.25% MGS 2030 (I)	150.690	-0.76
4.65% MGS 2032 (I)	151.810	0.23
2.5% MGS 2036 (I)	131.170	-1.06
2.1% MGS 2039 (I)	126.970	-0.52

The Prospect MTF Bonds traded today were:

	Closing Price	% Change
5% The Convenience Shop Holding plc Unsec Call € 2026-2029	100.000	0.00%
5.5% Yacht Lift Malta Plc Secured Callable Bonds € 2021-2025	101.000	0.00%
4.25% Calamatta Cuschieri Finance plc Unsec Call 2024-2026	101.000	0.00%
5.5% Testa Finance plc € Bonds 2029	101.000	0.00%
5% Borgo Lifestyle Finance plc Secured Callable 2026-2029	100.000	0.00%
5% Horizon Finance plc Secured Callable € Bonds 2026-2029	100.000	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].