MSE Daily Trading Report, 20 March, 2020

The MSE Equity Total Return Index extended its loss as it closed 1.86% lower at 7,905.795 points. A total of seven equities were active of which two closed higher while the remaining four closed in the red. A total turnover of €492,588 was generated over 89 deals.

In the banking industry, Bank of Valletta plc traded in negative territory despite registering positive results for the financial year ending 31 December 2019 announcing a profit before tax of €89.2million, while recommending a net dividend of €0.017. The equity declined by 3.2% closing the session at €0.92. A total turnover of €119,138 was generated as 128,825 shares were spread over 24 transactions.

On the same note its peer HSBC Bank Malta plc lost ground by 1.1% to close the session at €0.90. A total of 10,962 shares changed hands over three trades, generating a total turnover of €9,903.

Malta International Airport plc shares were the most liquid during the session as 56,542 shares changed hands over 34 deals, generating a total turnover of €242,033. The equity headed the list of fallers as it lost 10.67%, to end the session at the €4.02 price level.

RS2 Software plc shares were also in the red as the equity lost 3.55% of its share price to close the session at €1.90. A total turnover of €56,066 was generated as 30,500 shares were spread over eight trades.

Meanwhile, BMIT Technologies plc closed the session in positive territory recouping 2% of its share price to close at €0.51. Total turnover stood at €63,080 as 126,975 shares changed ownership over nine transactions.

A single trade of 1,492 Trident Estates plc shares dragged price 8.09% lower to €1.25. Total turnover stood at €1,865.

Mapfre Middlesea plc shares ended the session in positive territory as it closed at €2.28, translating into a 0.88% increase. The equity traded once on slim volume.

In the Sovereign Debt market, 13 active issues closed considerably in positive territory apart from two which closed marginally lower. The largest increase was registered in 2.1% MGS 2039 (I) which registered an increase of 9,7% to close the session at €126.50.

In the Corporate Debt market, 21 issues were active, of which three headed north while another 13 closed in the opposite direction. The best performer was the 4% International Hotel Investments plc Secured € 2026 as it closed 1.12% higher at €99.10. Conversely, the 3.75% Premier Capital plc Unsecured € 2026lost 10%, as it ended the session at €90.00.

In the Prospects MTF market, 5% Busy Bee Finance Company plc Unsecured € 2029 was active as it traded 0.49% lower at €102.50.

 

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	128,825	119,138.40	24	0.920	-3.16
HSB	10,962	9,903.30	3	0.900	-1.10
MMS	220	501.60	1	2.280	0.88
MIA	56,842	242,033.82	43	4.020	-10.67
RS2	30,500	56,065.90	8	1.900	-3.55
TRI	1,492	1,865.00	1	1.250	-8.09
BMIT	126,975	63,079.90	9	0.510	2.00

The Corporate Bonds traded today were:

	Closing Price	% Change
3.65% GAP Group plc Secured € 2022	101.000	-0.49
6% Pendergardens Developments plc Secured € 2022 Series II	105.000	-2.55
4.25% GAP Group plc Secured € 2023	104.000	0.00
6% International Hotel Investments plc € 2024	100.000	0.00
5% Tumas Investments plc Unsecured € 2024	103.200	0.00
5% Hal Mann Vella Group plc Secured € 2024	102.500	-0.97
5.1% 1923 Investments plc Unsecured € 2024	99.000	-1.00
4.25% Best Deal Properties Holding plc Secured € 2024	99.000	-2.27
5.75% International Hotel Investments plc Unsecured € 2025	100.050	0.05
5.1% 6PM Holdings plc Unsecured € 2025	99.990	-0.66
4% MIDI plc Secured € 2026	100.000	-3.15
4% International Hotel Investments plc Secured € 2026	99.100	1.12
3.75% Premier Capital plc Unsecured € 2026	90.000	-10.00
4% International Hotel Investments plc Unsecured € 2026	95.000	-5.00
4% Eden Finance plc Unsecured € 2027	98.990	-0.01
4.5% Grand Harbour Marina plc Unsecured € 2027	100.000	-4.76
4% Stivala Group Finance plc Secured € 2027	99.900	0.92
3.75% Bortex Group Finance plc Unsecured € 2027	98.000	0.00
3.65% Stivala Group Finance plc Secured € 2029	99.900	-1.58
3.8% Hili Finance Company plc Unsecured € 2029	97.500	-2.49
3.75% AX Group plc Unsec Bds 2029 Series II	101.500	0.00

The Government Stocks traded today were:

	Closing Price	% Change
5% MGS 2021(I)	107.090	0.09
5.1% MGS 2022(I)	112.350	-0.54
4.8% MGS 2028 (I)	136.060	1.79
4.5% MGS 2028 (II)	133.960	1.89
2.3% MGS 2029 (II)	116.000	2.10
5.1% MGS 2029 (I)	142.230	2.10
5.25% MGS 2030 (I)	146.000	0.86
4.3% MGS 2033 (I)	140.850	-0.03
4.1% MGS 2034 (I)	145.860	2.00
2.5% MGS 2036 (I)	125.770	4.20
2.1% MGS 2039 (I)	126.500	9.70
3% MGS 2040 (I)	132.000	0.43
2.4% MGS 2041 (I)	127.770	6.47

 The Prospect MTF Bonds traded today were:

	Closing Price	% Change
5% Busy Bee Finance Company plc Unsecured € 2029	102.500	-0.49

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].