MSE Daily Trading Report, 27 March, 2020

The MSE Equity Total Return Index continued to advance by a further 1.255% as it reached 7,880.005 points. A total of 11 equities were active, of which five traded higher while another four closed in the red. Total turnover stood at €621,434 through 96 transactions which were executed.

Malta International Airport plc shares continued its recent performance as it continued its recovery by another 4%, reaching the €5.20 price level. The equity was also the most liquid as total turnover amounted to €238,062. This was the result of 42 deals involving a mix of 46,431 shares.

In the banking sector, Bank of Valletta plc closed unchanged at €0.86. The equity generated a total turnover of €96,764 as 112,232 shares changed hands over 23 transactions.

Its peer, HSBC Bank Malta plc closed in the green as the share price was up by 2.22% to end the session at €0.92. This was the outcome of five deals involving a mix of 8,979 shares.

On the other hand, FIMBank plc’s equity price recorded the largest loss of today’s trading session – 7.79% decrease to reach the $0.45 price level. A sole deal of 55,000 shares was executed.

The top performer today was Grand Harbour Marina plc as its share price appreciated by 36.36%. A total of 10,700 shares were spread across two trades, worth €6,025.

Another positive performer was International Hotel Investments plc. A single trade of 9,560 shares increased price by 9.62% to close the session at €0.57.

RS2 Software plc also continued to improve its equity performance – increased by 3.78% to close at €1.92. This was the result of eight deals involving 34,200 shares.

Malita Investments plc closed in the red – by 1.28% spread across two trades worth just over €27,000. Following suit was Maltapost plc – a single trade reduced the share price by 1.79% to close at €1.10. Total turnover of €29,437 was recorded as 26,761 shares were executed.

Telecommunications company, GO plc, also closed in negative territory. The share price declined by 1.02% to end the session at €3.90. Five deals involving 15,080 shares generated a total turnover of €58,812.

Meanwhile,  PG plc traded flat as it closed at €1.60. Six deals involving 40,900 shares were executed, worth €65,475.

In the Sovereign Debt market, eight issues were active, of which four headed north while another two closed in the opposite direction. The 3% MGS 2040 (I) headed the list of gainers as it ended the session 1.46% higher at €139.00. On the other hand, the 2.5% MGS 2036 (I) lost 1.65%, to close at €125.89.

In the Corporate Debt market, out of 29 active issues, 20 lost ground while four advanced. The 4.35% SD Finance plc Unsecured € 2027 registered the best performance of a 1.52% increase in price, to close at €99.49. Conversely, the 6% Medserv plc Sec. & Grntd € Notes 2020-2023 S1 T1 traded 3% lower at €97.

In the Prospects MTF market, four issues were active, of which two declined. The 5% Horizon Finance plc Secured Callable € Bonds 2026-2029 traded flat at €98.

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	112,232	96,763.85	23	0.860	0.00
HSB	8,979	8,498.97	5	0.920	2.22
GO	15,080	58,812.00	5	3.900	-1.02
IHI	9,560	5,449.20	1	0.570	9.62
FIM	55,000	22,538.93	1	0.450	-7.79
MIA	46,431	238,061.95	42	5.200	4.00
GHM	10,700	6,025.00	2	0.750	36.36
MTP	26,761	29,437.10	1	1.100	-1.79
RS2	34,200	63,322.00	8	1.920	3.78
MLT	35,130	27,050.10	2	0.770	-1.28
PG	40,900	65,474.50	6	1.600	0.00

The Corporate Bonds traded today were:

	Closing Price	% Change
5% Mediterranean Investments Holding plc Unsecured € 2022	99.990	-1.00
6% Medserv plc Sec. & Grntd €  Notes 2020-2023 S1 T1	97.000	-3.00
6% AX Investments Plc € 2024	101.000	-0.07
4.4% Von der Heyden Group Finance plc Unsecured € 2024	99.000	-1.00
6% International Hotel Investments plc € 2024	99.500	-0.50
5.3% Mariner Finance plc Unsecured € 2024	99.500	-0.50
5% Hal Mann Vella Group plc Secured € 2024	100.000	0.00
5.1% 1923 Investments plc Unsecured € 2024	96.000	-2.03
4.25% Best Deal Properties Holding plc Secured € 2024	99.000	0.00
5.75% International Hotel Investments plc Unsecured € 2025	99.000	-1.00
5.1% 6PM Holdings plc Unsecured € 2025	99.300	-0.69
4% MIDI plc Secured € 2026	99.000	-1.00
4% International Hotel Investments plc Secured € 2026	96.500	-2.02
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026	98.900	0.00
3.75% Premier Capital plc Unsecured € 2026	98.980	-0.02
3.25% AX Group plc Unsec Bds 2026 Series I	100.500	-0.50
4% International Hotel Investments plc Unsecured € 2026	96.500	0.00
3.75% Mercury Projects Finance plc Secured € 2027	97.000	-2.02
4.35% SD Finance plc Unsecured € 2027	99.490	1.52
4.4% Central Business Centres plc Unsecured € 2027 S1/17 T1	97.000	-0.10
3.5% Simonds Farsons Cisk plc Unsecured € 2027	102.000	0.00
4% Stivala Group Finance plc Secured € 2027	98.900	-0.95
3.75% Bortex Group Finance plc Unsecured € 2027	96.850	-0.15
3.85% Hili Finance Company plc Unsecured € 2028	97.950	-0.05
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028	98.000	0.00
4% MeDirect Bank (Malta) plc Sub Unsecured € 2024-2029	99.000	-2.94
3.5% Bank of Valletta plc € Notes 2030 S2 T1	100.000	0.50
4.25% Mercury Projects Finance plc Secured € 2031	100.000	0.02
3.75% Bank of Valletta plc Unsecured Sub € 2026-2031	100.000	-0.30

The Government Stocks traded today were:

	Closing Price	% Change
4.5% MGS 2028 (II)	134.99	0.78
5.25% MGS 2030 (I)	146.00	0.20
4.65% MGS 2032 (I)	147.44	0.99
4.1% MGS 2034 (I)	145.920	-0.33
2.5% MGS 2036 (I)	125.89	-1.65
2.1% MGS 2039 (I)	128.00	0.00
3% MGS 2040 (I)	139.00	1.46
2.4% MGS 2041 (I)	131.00	0.00

The Prospect MTF Bonds traded today were:

	Closing Price	% Change
5% Borgo Lifestyle Finance plc Secured Callable 2026-2029	93.500	0.00%
5% Horizon Finance plc Secured Callable € Bonds 2026-2029	98.000	-2.00%
5% Smartcare Finance plc Secured € 2029	99.000	-1.88%
5% Busy Bee Finance Company plc Unsecured € 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].