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 CodeVolume TradedValue TradedTradesClosing Price% Change
BOV67,07957,615.05250.860-4.44
HSB11,85310,667.7050.9000.00
MMS13,79531,176.7042.2600.00
GO10,97243,421.6853.940-3.90
FIM50,00022,628.2110.488-2.40
MIA30,951120,167.18284.16018.18
MTP23,73926,820.0731.130-1.74
RS26,00010,149.0021.700-2.30
MDI8,0003,040.0010.380-5.00
MLT6,2504,990.0030.8000.00
PG10,15016,758.0021.650-5.71
BMIT147,00071,623.00110.480-4.00

The Corporate Bonds traded today were:

Closing Price% Change
3.65% GAP Group plc Secured € 2022101.0000.00
4.25% GAP Group plc Secured € 2023102.000-1.92
4.4% Von der Heyden Group Finance plc Unsecured € 2024100.0001.52
6% International Hotel Investments plc € 2024100.0000.00
5.3% Mariner Finance plc Unsecured € 2024100.0000.00
5% Tumas Investments plc Unsecured € 2024103.150-0.05
5.1% 1923 Investments plc Unsecured € 202499.000-0.98
4.25% Best Deal Properties Holding plc Secured € 202499.0000.00
5.75% International Hotel Investments plc Unsecured € 202599.500-0.50
4.5% Hili Properties plc Unsecured € 202599.400-2.55
4.25% Corinthia Finance plc Unsecured € 2026100.000-1.48
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-202698.0000.00
4% MIDI plc Secured € 2026100.0000.00
4% International Hotel Investments plc Secured € 202698.490-0.52
4% Merkanti Holding plc Secured € 202697.000-1.52
3.9% Plaza Centres plc Unsecured € 2026100.260-1.27
3.75% Premier Capital plc Unsecured € 202699.50010.56
3.25% AX Group plc Unsec Bds 2026 Series I101.0001.00
4% International Hotel Investments plc Unsecured € 202696.9902.09
3.75% Mercury Projects Finance plc Secured € 202799.000-0.95
4% Eden Finance plc Unsecured € 202798.0000.00
4.4% Central Business Centres plc Unsecured € 2027 S1/17 T198.000-2.49
3.75% Tumas Investments plc Unsecured € 202799.000-2.84
4.5% Grand Harbour Marina plc Unsecured € 2027100.0000.01
4% Stivala Group Finance plc Secured € 202799.9001.94
3.75% Virtu Finance plc Unsecured € 202799.900-0.60
3.75% Bortex Group Finance plc Unsecured € 202797.000-0.51
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028100.0000.00
3.8% Hili Finance Company plc Unsecured € 202997.0000.00
3.75% AX Group plc Unsec Bds 2029 Series II100.000-1.48
3.5% Bank of Valletta plc € Notes 2030 S1 T1100.050-0.05

The Government Stocks traded today were:

Closing Price% Change
2.3% MGS 2029 (II)116.2700.23
5.2% MGS 2031 (I)150.2602.55
4.45% MGS 2032 (II)145.9900.34
2.5% MGS 2036 (I)128.0001.77
2.1% MGS 2039 (I)128.0000.00
3% MGS 2040 (I)138.290-0.03
2.4% MGS 2041 (I)131.0000.00

The Prospect MTF Bonds traded today were:

Closing Price% Change
5.5% AST Group plc Unsecured € 2028100.0000.00%
5% Luxury Living Finance plc € Secured Bonds 202899.900-1.81%

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].