MIA trades 18.18% higher

MSE Daily Trading Report, 24 March, 2020

The MSE Equity Total Return Index was down by a further 0.555% as it closed at 7,579.978. A total of 12 equities were active, of which eight headed north while another one closed in the opposite direction. A total turnover of €419,057 was generated over 90 transactions.

The only positive performer was Malta International Airport plc as it managed to recoup part of its loss, ending the session 18.18% higher at €4.16. The airport recorded the highest liquidity as total turnover stood at €120,167 – the outcome of 28 deals involving 30,951 shares.

In the banking sector, Bank of Valletta plc lost ground by a further 4.44% as it closed at €0.86. A spread of 67,079 shares changed hands over 25 transactions, generating a total turnover of €57,615.

A sole deal of 50,000 FIMBank plc shares dragged price 2.40% lower, reaching the $0.488 price level.

Meanwhile, HSBC Bank Malta plc traded flat at €0.90 as five deals involving 11,853 shares were executed. Total turnover stood at €10,668.

Telecommunications company, GO plc, was down by 3.90% as 10,972 shares changed ownership over five transactions. A total turnover of €43,422 was recorded. Similarly, its peer, BMIT Technologies plc, lost 4%, ending the session at €0.48. Total turnover stood at €71,623 as 147,000 shares were spread over 11 deals. The board announced that in light of the current circumstances, it shall proceed with the payment of dividend, to be paid on June 4, 2020 to all shareholders listed on the register as at April 29, 2020.

RS2 Software plc, closed in the red at €1.70, translating into a 2.3% decline. Two deals involving 6,000 shares were executed, worth €10,149.

Retail conglomerate, PG plc¸ ended the session 5.71% lower at €1.65 and registered a total turnover of €16,758. The equity traded twice over a mix of 10,150 shares.

MaltaPost plc declined by 1.74% as it closed at €1.13. A total turnover of €26,820 was generated as 23,739 shares changed hands over three transactions.

In the property sector, a single deal of 8,000 MIDI plc shares resulted into a 5% fall in price. The equity ended the session at €0.38 and recorded a total turnover of €3,040.

Malita Investments plc executed three deals involving 6,250 shares, generating a total turnover of €4,990. The equity’s previous closing price of €0.80 was not impacted.

Elsewhere, Mapfre Middlesea plc was active but closed unchanged at €2.26. Four deals involving 13,795 shares generated a total turnover of €31,177. The company announced that due to the current coronavirus issues, the annual general meeting shall be postponed to a future date following restrictions imposed by the Government of Malta.

In the Sovereign Debt market, out of seven active issues, four headed north while the 3% MGS 2040 (I) traded 0.03% lower at €138.29. Meanwhile, the 5.2% MGS 2031 (I) was up by 2.55%, ending the session at €150.26.

In the Corporate Debt market, 31 issues were higher, of which five advanced while another 16 lost ground. The best performance of a 10.56% increase in price was recorded by the 3.75% Premier Capital plc Unsecured € 2026 as it closed at €99.50. On the other hand, the 4.5% Hili Properties plc Unsecured € 2025 traded 2.55% lower at €99.40.

In the Prospects MTF market, the 5.5% AST Group plc Unsecured € 2028 and the 5% Luxury Living Finance plc € Secured Bonds 2028 were active, ending the session at €100.00 and €99.99, respectively.

 

The Equities traded today were:

Symbol Code Volume Traded Value Traded Trades Closing Price % Change
BOV 67,079 57,615.05 25 0.860 -4.44
HSB 11,853 10,667.70 5 0.900 0.00
MMS 13,795 31,176.70 4 2.260 0.00
GO 10,972 43,421.68 5 3.940 -3.90
FIM 50,000 22,628.21 1 0.488 -2.40
MIA 30,951 120,167.18 28 4.160 18.18
MTP 23,739 26,820.07 3 1.130 -1.74
RS2 6,000 10,149.00 2 1.700 -2.30
MDI 8,000 3,040.00 1 0.380 -5.00
MLT 6,250 4,990.00 3 0.800 0.00
PG 10,150 16,758.00 2 1.650 -5.71
BMIT 147,000 71,623.00 11 0.480 -4.00

The Corporate Bonds traded today were:

Closing Price % Change
3.65% GAP Group plc Secured € 2022 101.000 0.00
4.25% GAP Group plc Secured € 2023 102.000 -1.92
4.4% Von der Heyden Group Finance plc Unsecured € 2024 100.000 1.52
6% International Hotel Investments plc € 2024 100.000 0.00
5.3% Mariner Finance plc Unsecured € 2024 100.000 0.00
5% Tumas Investments plc Unsecured € 2024 103.150 -0.05
5.1% 1923 Investments plc Unsecured € 2024 99.000 -0.98
4.25% Best Deal Properties Holding plc Secured € 2024 99.000 0.00
5.75% International Hotel Investments plc Unsecured € 2025 99.500 -0.50
4.5% Hili Properties plc Unsecured € 2025 99.400 -2.55
4.25% Corinthia Finance plc Unsecured € 2026 100.000 -1.48
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 98.000 0.00
4% MIDI plc Secured € 2026 100.000 0.00
4% International Hotel Investments plc Secured € 2026 98.490 -0.52
4% Merkanti Holding plc Secured € 2026 97.000 -1.52
3.9% Plaza Centres plc Unsecured € 2026 100.260 -1.27
3.75% Premier Capital plc Unsecured € 2026 99.500 10.56
3.25% AX Group plc Unsec Bds 2026 Series I 101.000 1.00
4% International Hotel Investments plc Unsecured € 2026 96.990 2.09
3.75% Mercury Projects Finance plc Secured € 2027 99.000 -0.95
4% Eden Finance plc Unsecured € 2027 98.000 0.00
4.4% Central Business Centres plc Unsecured € 2027 S1/17 T1 98.000 -2.49
3.75% Tumas Investments plc Unsecured € 2027 99.000 -2.84
4.5% Grand Harbour Marina plc Unsecured € 2027 100.000 0.01
4% Stivala Group Finance plc Secured € 2027 99.900 1.94
3.75% Virtu Finance plc Unsecured € 2027 99.900 -0.60
3.75% Bortex Group Finance plc Unsecured € 2027 97.000 -0.51
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028 100.000 0.00
3.8% Hili Finance Company plc Unsecured € 2029 97.000 0.00
3.75% AX Group plc Unsec Bds 2029 Series II 100.000 -1.48
3.5% Bank of Valletta plc € Notes 2030 S1 T1 100.050 -0.05

The Government Stocks traded today were:

Closing Price % Change
2.3% MGS 2029 (II) 116.270 0.23
5.2% MGS 2031 (I) 150.260 2.55
4.45% MGS 2032 (II) 145.990 0.34
2.5% MGS 2036 (I) 128.000 1.77
2.1% MGS 2039 (I) 128.000 0.00
3% MGS 2040 (I) 138.290 -0.03
2.4% MGS 2041 (I) 131.000 0.00

The Prospect MTF Bonds traded today were:

Closing Price % Change
5.5% AST Group plc Unsecured € 2028 100.000 0.00%
5% Luxury Living Finance plc € Secured Bonds 2028 99.900 -1.81%

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].