MSE Daily Trading Report, 01 April, 2020

The MSE Equity Total Return Index registered a 1.629% increase as it reached 7,887.544 points. Out of 15 active equities, five headed north while another six closed in the opposite direction. A total turnover of €189,464 was generated over 57 transactions.

Three deals involving 20,900 International Hotel Investments plc shares resulted into a positive 10.28% change in price. The equity ended the session at €0.59 and a total turnover of €12,331.

In the banking industry, HSBC Bank Malta plc increased by ten cents (+11.11%) to €1.00 as three deals involving 11,006 shares were executed. Total turnover amounted to €10,465.

Its peer, Bank of Valletta plc, announced the decision of keeping the initial proposal for dividend distribution (a final net dividend of €0.017 per share) but decided to make the payments once the situation is stable. In line with the European Central Bank’s recommendation, the earliest payment date would be October 1, 2020. The bank registered the highest liquidity as total turnover stood at €61,928.  Price declined by 1.16% to €0.85 as 72,513 shares were spread over 21 transactions.

A sole deal of 1,659 FIMBank plc pushed price 4.44% higher to $0.47. The bank registered a slim turnover.

Meanwhile, Lombard Bank Malta plc traded once over 3,000 shares but closed unchanged at €2.10. A total turnover of €6,300 was recorded.

Malta International Airport plc advanced by 0.4% as it ended the session at €4.98. A total of 5,651 shares changed hands across 11 deals, worth €28,117.

Another positive performer was Mesdserv plc as it closes 4.17% higher at €1.00. Total turnover amounted to €2,820 as 3,052 shares were spread over four transactions.

IT services provider, RS2 Software plc, lost 2.6%, reaching the €1.87 price level. This was the outcome of two deals involving 10,033 shares, worth €18,763.

Three equities were active in the property sector, of which two declined while MIDI plc closed unchanged at €0.38.

Malita Investments plc traded 1.28% lower at €0.77 as two deals involving 13,500 shares were executed. Similarly, Trident Estates plc was down by 0.78% to €1.27 as the equity traded once on slim volume.

A sole deal dragged both Main Street Complex plc and Harvest Technology plc into the red. The equities traded on slim volume and closed at €0.48 (-3.61%) and €2.67 (-2.67%), respectively.

Elsewhere, Mapfre Middlesea plc and PG plc were both active but traded flat at €2.26 and €1.70, respectively.

In the Sovereign Debt market, nine issues were active, of which five traded lower while the 2.3% MGS 2029 (II) closed 0.44% higher at €116.78. The 4.1% MGS 2034 (I) registered the largest decline in price as it closed 0.51% lower at €145.18.

In the Corporate Debt market, out of 26 active issues, four gained ground while another 13 closed in the red. The 4.5% Hili Properties plc Unsecured € 2025 closed 1.03% higher at €98.00, registering the best performance. On the other hand, the 5.25% Central Business Centres plc Unsecured € 2025 S2T1 lost 2.91%, to close at par.

In the Prospects MTF market, the 5% Borgo Lifestyle Finance plc Secured Callable 2026-2029 was active but closed unchanged at €93.50.

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	72,513	61,928.45	21	0.850	-1.16
HSB	11,006	10,464.90	3	1.000	11.11
LOM	3,000	6,300.00	1	2.100	0.00
MMS	10,000	22,600.00	2	2.260	0.00
IHI	20,900	12,331.00	3	0.590	10.28
FIM	1,659	711.69	1	0.470	4.44
MIA	5,651	28,116.96	11	4.980	0.40
MDS	3,052	2,820.12	4	1.000	4.17
RS2	10,033	18,763.36	2	1.870	-2.60
MDI	26,000	9,848.00	3	0.380	0.00
MLT	13,500	10,480.00	2	0.770	-1.28
PG	2,450	4,165.00	1	1.700	0.00
TRI	15	19.05	1	1.270	-0.78
MSC	387	185.76	1	0.480	-3.61
HRV	500	730.00	1	1.460	-2.67

The Corporate Bonds traded today were:

	Closing Price	% Change
6% Pendergardens Developments plc Secured € 2022 Series II	100.100	0.00
6% Medserv plc Sec. & Grntd €  Notes 2020-2023 S1 T1	97.990	1.02
5.3% United Finance Plc Unsecured € Bonds 2023	98.000	-2.00
6% AX Investments Plc € 2024	101.500	0.00
4.4% Von der Heyden Group Finance plc Unsecured € 2024	99.000	0.00
6% International Hotel Investments plc € 2024	98.000	-1.51
5.3% Mariner Finance plc Unsecured € 2024	100.000	0.00
5% Tumas Investments plc Unsecured € 2024	102.500	-0.15
5% Hal Mann Vella Group plc Secured € 2024	100.000	0.00
5.1% 1923 Investments plc Unsecured € 2024	96.000	0.00
5.75% International Hotel Investments plc Unsecured € 2025	98.500	-0.51
5.1% 6PM Holdings plc Unsecured € 2025	99.900	0.60
4.5% Hili Properties plc Unsecured € 2025	98.000	1.03
5.25% Central Business Centres plc Unsecured € 2025 S2T1	100.000	-2.91
4.25% Corinthia Finance plc Unsecured € 2026	98.000	-1.01
4% International Hotel Investments plc Secured € 2026	97.000	-2.02
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026	96.000	-1.03
3.75% Premier Capital plc Unsecured € 2026	98.500	0.00
3.75% Mercury Projects Finance plc Secured € 2027	97.000	0.00
4% Eden Finance plc Unsecured € 2027	96.990	-0.01
4% Stivala Group Finance plc Secured € 2027	97.510	-1.41
3.75% Virtu Finance plc Unsecured € 2027	100.000	0.00
3.75% Bortex Group Finance plc Unsecured € 2027	96.750	-0.10
3.85% Hili Finance Company plc Unsecured € 2028	97.000	-1.01
3.5% Bank of Valletta plc € Notes 2030 S1 T1	100.010	-0.04
4.25% Mercury Projects Finance plc Secured € 2031	97.020	0.01

The Government Stocks traded today were:

	Closing Price	% Change
5% MGS 2021(I)	107.080	-0.04
4.3% MGS 2022 (II)	109.490	-0.06
4.5% MGS 2028 (II)	134.650	-0.34
2.3% MGS 2029 (II)	116.780	0.44
5.25% MGS 2030 (I)	146.630	-0.35
4.1% MGS 2034 (I)	145.180	-0.51
2.1% MGS 2039 (I)	128.000	0.00
3% MGS 2040 (I)	139.000	0.00
2.4% MGS 2041 (I)	131.000	0.00

The Prospects MTF Bonds traded today were:

	Closing Price	% Change
5% Borgo Lifestyle Finance plc Secured Callable 2026-2029	93.500	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].