MIA and HSBC shares close lower

MSE Daily Trading Report, 30 March, 2020

The MSE Equity Total Return Index closed lower as shares in Malta International Airport plc (MIA) and HSBC Bank Malta plc (HSBC) declined while shares in Bank of Valletta plc (BOV) closed flat. As a result the local equities’ index shed 1.5% to end the session at 7,761.132 points as turnover reached €427,000 across 85 trades.

MIA was the main contributor for today’s decline as the equity shed 4.6% or €0.24 to close a volatile session at €4.96. Throughout the session the equity’s price of the airport operator fluctuated between a daily high of €5.50 and a low of €4.80. Nearly 30 trades worth €152,000 were recorded.

HSBC shares lost 2.2% to end the day at €0.90. Five trades worth €9,000 were recorded as the equity’s price touched the €0.92 level earlier in the session. BOV shares closed flat at €0.86 after it failed to hold on to the €0.87 price. Almost €60,000 worth of trades were executed. Meanwhile, Lombard Bank plc shares gained 5% to end the trading day at €2.10.

In the retail sector, PG plc shares gained 6.3% or €0.10 as four trades of 7,400 shares were recorded. Main Street Complex plc edged marginally lower to €0.498 while Plaza Centers plc declined by 4% as one deal of 3,000 shares was recorded.

International Hotel Investments plc lost 6% to close the session at €0.535 as 10,000 shares changed hands over two deals. Thin trading in Simonds Farsons Cisk plc sent the equity’s price lower by 7.5% or €0.75 as the equity finished the day at €9.25.

Another deal of 500 shares in Trident Estates plc lowered the price to €1.28 while Malita Investments plc moved higher to €0.78.

GO plc shares closed flat at €3.90 after having traded at a daily high of €3.98. Trading value reached €39,000 across three deals. RS2 Software plc closed flat at €1.92 as 12 transactions worth €118,000 were executed.

Medserv plc shares declined by €0.04 to close at €0.96.

Turnover in the Sovereign Debt market reached €800,000. Local government bonds were generally higher as six gained, three closed flat and one closed lower. The 4.8% MGS 2028 and the 5.25% MGS 2030 almost gained 80 basis points to close at €137.22 and €147.14 respectively.

In the Corporate Debt market, 31 issues were active, as nine lost ground while eight gained. The 4% International Hotel Investments plc Secured € 2026 jumped by 2.6% while the 4.25% Mercury Projects Finance plc Secured € 2031 lost 300 basis points.

 

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV68,66259,507.49240.8600.00
HSB10,0009,081.2850.900-2.17
LOM2,4405,124.0012.1005.00
SFC7006,475.0019.250-7.50
GO10,06039,242.0033.9000.00
IHI10,0005,350.0020.535-6.14
PZC3,0002,820.0010.940-4.08
MIA29,420151,991.90274.960-4.62
MDS1,2001,152.0010.960-4.00
RS262,000117,845.00121.9200.00
MLT17,00013,110.0020.7801.30
PG7,40012,517.5041.7006.25
TRI500640.0011.280-0.78
MSC3,6001,792.8010.498-0.40

The Corporate Bonds traded today were:

 Closing Price% Change
5.8% International Hotel Investments plc 202198.0100.01
3.65% GAP Group plc Secured € 2022100.0000.00
6% AX Investments Plc € 2024101.5000.50
4.4% Von der Heyden Group Finance plc Unsecured € 202499.0000.00
6% International Hotel Investments plc € 202499.5000.00
5.3% Mariner Finance plc Unsecured € 2024100.0000.50
5% Tumas Investments plc Unsecured € 2024102.6500.00
5% Hal Mann Vella Group plc Secured € 2024100.0000.00
5.1% 1923 Investments plc Unsecured € 202496.0000.00
5.75% International Hotel Investments plc Unsecured € 202599.0000.00
4.5% Hili Properties plc Unsecured € 202597.000-1.72
5.25% Central Business Centres plc Unsecured € 2025 S2T1103.000-0.48
4% MIDI plc Secured € 202698.900-0.10
4% International Hotel Investments plc Secured € 202699.0002.59
4% Merkanti Holding plc Secured € 202698.5001.55
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 202697.000-1.92
3.75% Premier Capital plc Unsecured € 202698.500-0.48
3.25% AX Group plc Unsec Bds 2026 Series I100.5000.00
4% International Hotel Investments plc Unsecured € 202697.0000.52
3.75% Mercury Projects Finance plc Secured € 202797.0000.00
4.35% SD Finance plc Unsecured € 202798.000-1.50
4% Eden Finance plc Unsecured € 202797.000-0.51
3.5% Simonds Farsons Cisk plc Unsecured € 2027102.0000.00
4% Stivala Group Finance plc Secured € 202798.9000.00
3.75% Virtu Finance plc Unsecured € 2027100.0000.10
3.85% Hili Finance Company plc Unsecured € 202897.9900.04
4.15% Phoenicia Finance Company plc Unsecured € 2023-202898.0000.00
3.8% Hili Finance Company plc Unsecured € 202996.000-1.03
3.5% Bank of Valletta plc € Notes 2030 S1 T1100.0500.00
4.25% Mercury Projects Finance plc Secured € 203197.010-2.99
3.75% Bank of Valletta plc Unsecured Sub € 2026-2031100.0000.00

The Government Stocks traded today were:

 Closing Price% Change
5% MGS 2021(I)107.1200.02
4.3% MGS 2022 (II)109.5600.52
4.8% MGS 2028 (I)137.2200.85
4.5% MGS 2028 (II)135.1100.09
5.25% MGS 2030 (I)147.1400.78
4.65% MGS 2032 (I)147.5500.07
4.45% MGS 2032 (II)145.520-0.32
2.1% MGS 2039 (I)128.0000.00
3% MGS 2040 (I)139.0000.00
2.4% MGS 2041 (I)131.0000.00

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].