MSE Index drops by a further 3.307%

MSE Daily Trading Report, 13 March, 2020

The MSE Equity Total Return Index extended its loss by a further 3.307% as it reached 8,630.297 points. Out of 15 active equities, 10 closed in the red while the rest closed unchanged. A total turnover of €852,659 was generated over 84 transactions.

In the banking sector, FIMBank Malta plc headed the list of fallers as it closed 20.63% lower at $0.50. A sole deal of 17,500 shares was executed.

Meanwhile Bank of Valletta plc and HSBC Bank Malta plc were both active but closed unchanged at €1.02 and €1.00, respectively. BOV traded nine times over a mix of 38,372 shares, worth €38,790. HSBC executed 5,040 shares over three transactions, generating a total turnover of €5,040.

The two most liquid equities for the session were Malta International Airport plc and PG plc but both closed unchanged at €5.05 and €1.90, respectively. MIA registered a total turnover of €263,656 as 52,529 shares changed hands over 41 transactions. Meanwhile, PG traded seven times over a mix of 202,300 shares, which resulted into a total turnover of €384,370.

RS2 Software plc was down by 6.40% as four deals involving 25,650 shares were executed. A total turnover of €60,174 was generated.

Similarly, BMIT Technologies plc lost 1.85% as 60,100 shares changed hands over four transactions. The equity generated a total turnover of €31,853 and ended the session at €0.53.

Meanwhile, its parent company, GO plc¸ traded twice over 2,500 shares, worth €10,500. The equity’s previous closing price of €4.20 was not impacted.

Moving on to the property sector, Trident Estates plc closed 4.32% lower as four deals involving 17,200 shares were executed. A total turnover of €26,822 was recorded.

Two deals involving 14,639 Malta Properties Company plc shares dragged the price by 3.23 into the red. The equity closed at €0.60 and generated a total turnover of €8,900.

Main Street Complex plc traded 8.77% lower as 10,000 shares changed hands over two deals. Total turnover amounted to €5,200. Similarly, Plaza Centres plc executed two deals with a spread of 6,000 shares. Total turnover stood at €5,893 while price declined to €0.98.

A sole deal of 730 MaltaPost plc shares resulted into a negative 6.92% change in price. The equity ended the session at €1.21 and recorded a slim turnover.

Simonds Farsons Cisk plc lost ground as it ended the session 8.26% lower at €10.00. One deal of slim volume generated a total turnover of €1,750.

Similarly, Mapfre Middlesea traded once on slim volume, to decline by 6.45% to €2.32. Total turnover stood at €1,044.

In the Sovereign Debt market, all eight active issues closed in the red. The 3% MGS 2040 (I) registered the largest decline in price, as it closed 2.68% lower at €104.33.

In the Corporate Debt market, 34 issues were active, of which eight advanced while another 16 closed in negative territory. The best performer was the 4.4% Von der Heyden Group Finance plc Unsecured € 2024 as it traded 1% lower at €101. On the other hand, the 5.8% International Hotel Investments plc 2023 closed 4.15% lower at €104.

In the Prospects MTF market, the 5% Borgo Lifestyle Finance plc Secured Callable 2026-2029 was active but closed unchanged at €100.

The Equities traded today were:

Symbol Code Volume Traded Value Traded Trades Closing Price % Change
BOV 38,372 38,789.74 9 1.020 0.00
HSB 5,040 5,040.00 3 1.000 0.00
MMS 450 1,044.00 1 2.320 -6.45
SFC 175 1,750.00 1 10.000 -8.26
GO 2,500 10,500.00 2 4.200 0.00
PZC 6,000 5,892.50 2 0.980 -0.51
FIM 17,500 7,784.70 1 0.500 -20.63
MIA 52,529 263,656.35 41 5.050 0.00
MTP 730 883.30 1 1.210 -6.92
RS2 25,650 60,173.72 4 2.340 -6.40
MPC 14,639 8,899.79 2 0.600 -3.23
PG 202,300 384,370.00 7 1.900 0.00
TRI 17,200 26,821.66 4 1.550 -4.32
MSC 10,000 5,200.00 2 0.520 -8.77
BMIT 60,100 31,853.00 4 0.530 -1.85

The Corporate Bonds traded today were:

Closing Price % Change
5% GlobalCapital plc Unsecured € 2021 98.000 0.00
5.8% International Hotel Investments plc 2021 102.010 0.01
5.8% International Hotel Investments plc 2023 104.000 -4.15
4.4% Von der Heyden Group Finance plc Unsecured € 2024 101.000 1.00
6% International Hotel Investments plc € 2024 109.000 0.00
5.3% Mariner Finance plc Unsecured € 2024 105.600 0.09
5.1% 1923 Investments plc Unsecured € 2024 101.000 -0.98
4.25% Best Deal Properties Holding plc Secured € 2024 101.900 -0.10
4.5% Izola Bank plc € Unsecured 2025 106.810 0.01
4.5% Hili Properties plc Unsecured € 2025 104.050 -0.93
4.35% Hudson Malta plc Unsecured € 2026 105.200 0.00
4.25% Corinthia Finance plc Unsecured € 2026 101.500 -1.46
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 100.000 -0.45
4% MIDI plc Secured € 2026 104.000 0.00
4% International Hotel Investments plc Secured € 2026 103.000 -0.48
4% Merkanti Holding plc Secured € 2026 100.500 -0.71
5% Dizz Finance plc Unsecured € 2026 100.700 0.00
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026 101.000 0.95
3.75% Premier Capital plc Unsecured € 2026 104.520 -0.93
3.25% AX Group plc Unsec Bds 2026 Series I 101.200 -2.08
4% International Hotel Investments plc Unsecured € 2026 101.500 -0.20
3.75% Mercury Projects Finance plc Secured € 2027 101.000 0.00
4.35% SD Finance plc Unsecured € 2027 101.500 0.05
4% Eden Finance plc Unsecured € 2027 104.000 -0.58
4.4% Central Business Centres plc Unsecured € 2027 S1/17 T1 100.900 0.40
3.75% Tumas Investments plc Unsecured € 2027 103.100 -0.77
4% Stivala Group Finance plc Secured € 2027 102.500 -0.01
3.75% Virtu Finance plc Unsecured € 2027 104.000 0.00
3.85% Hili Finance Company plc Unsecured € 2028 100.000 0.00
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028 102.500 -1.30
4% SP Finance plc Secured EUR Bonds 2029 100.000 0.00
3.65% Stivala Group Finance plc Secured € 2029 102.310 -1.14
3.8% Hili Finance Company plc Unsecured € 2029 100.000 0.09
3.75% AX Group plc Unsec Bds 2029 Series II 104.750 0.00

The Government Stocks traded today were:

Closing Price % Change
5.25% MGS 2030 (I) 148.440 -1.49
5.2% MGS 2031 (I) 152.590 -1.25
4.65% MGS 2032 (I) 149.090 -1.79
4.45% MGS 2032 (II) 147.000 -2.33
2.5% MGS 2036 (I) 127.840 -2.54
2.1% MGS 2039 (I) 124.500 -1.95
3% MGS 2040 (I) 140.330 -2.68
2.4% MGS 2041 (I) 130.000 -2.08

Prospect MTF Bonds traded today were:

Closing Price % Change
5% Borgo Lifestyle Finance plc Secured Callable 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].