MSE Index ends the week in the red

MSE Daily Trading Report, 03 April, 2020

The MSE Equity Total Return Index declined by 0.445% as it closed at 7,862.881 points. A total of nine equities were active, of which two registered gains while another four lost ground. A total turnover of €83,242 was generated over 24 transactions.

In the banking industry, Bank of Valletta plc registered the highest liquidity during the session as the equity managed to generate at total turnover of €21,992 over seven deals. Despite being active during the session the bank traded flat at €0.85.

Its peers, Lombard Bank plc and HSBC Bank Malta plc ended the session in negative territory. Lombard shares were down by 4.76% to close at the €2.00 price level, while HSBC shares closed 5% lower at €0.95.

RS2 Software plc and Trident Estates plc were the only two equities which closed in positive territory, with the two trading on a slim volume. RS2 traded twice and closed 1.05% higher at €1.92. Meanwhile, Trident executed a single deal, pushing the price 5.51% higher to €1.34.

A sole deal of slim volume dragged Simonds Farsons Cisk plc‘s price by 0.54% into the red. The equity ended the session at €9.20.

Three trades amounting to a total turnover of €13,996 in BMIT Technologies plc saw the equity trade 0.81% lower at €0.49.

Elsewhere, Malta International Airport plc and Malita Investments plc were active but closed unchanged at €5.00 and €0.77 respectively.

In the Sovereign Debt market, nine issues were active, of which five closed in the red while two closed higher. The 2.1% MGS 2039 (I) registered the highest advancement as the bond price was up by 0.79% at €128.00.

In the Corporate Debt market, out of 35 active issues, 10 registered gains while another 12 lost ground. The 3.75% TUM Finance plc Secured € 2029 was the most active during the session as the bond traded 19 times generating a total turnover of €276,076. The price of the bond closed flat at €100.

In the Prospects MTF market, three issues were active, of which two headed north while the 5% JD Capital plc Unsecured € Bonds 2028 declined by 1.17% to €98.69.

 

The Equities traded today were:

Symbol Code Volume Traded Value Traded Trades Closing Price % Change
BOV 26,015 21,992.75 7 0.850 0.00
HSB 10,500 9,975.00 1 0.950 -5.00
LOM 7,515 15,090.00 2 2.000 -4.76
SFC 200 1,840.00 1 9.200 -0.54
MIA 2,875 14,375.00 5 5.000 0.00
RS2 1,000 1,875.97 2 1.920 1.05
MLT 5,000 3,850.00 2 0.770 0.00
TRI 185 247.90 1 1.340 5.51
BMIT 28,535 13,996.29 3 0.490 -0.81

The Corporate Bonds traded today were:

Closing Price % Change
5.5% Pendergardens Developments plc Secured € 2020 Series I 100.000 -1.28
5.8% International Hotel Investments plc 2021 98.000 -0.01
3.65% GAP Group plc Secured € 2022 100.000 0.00
6% Pendergardens Developments plc Secured € 2022 Series II 100.510 0.41
6% International Hotel Investments plc € 2024 99.990 2.03
5.3% Mariner Finance plc Unsecured € 2024 100.000 0.00
5% Tumas Investments plc Unsecured € 2024 102.100 -0.39
5% Hal Mann Vella Group plc Secured € 2024 101.010 1.01
5.1% 1923 Investments plc Unsecured € 2024 96.000 0.52
4.25% Best Deal Properties Holding plc Secured € 2024 98.450 -0.05
5.75% International Hotel Investments plc Unsecured € 2025 100.000 1.52
4.5% Izola Bank plc € Unsecured 2025 100.000 0.00
5.1% 6PM Holdings plc Unsecured € 2025 99.900 0.00
4.5% Hili Properties plc Unsecured € 2025 98.000 0.00
4.25% Corinthia Finance plc Unsecured € 2026 99.000 1.02
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 98.000 0.00
4% MIDI plc Secured € 2026 100.000 1.02
4% International Hotel Investments plc Secured € 2026 99.990 0.00
4% Merkanti Holding plc Secured € 2026 98.490 -0.01
3.9% Plaza Centres plc Unsecured € 2026 100.250 -0.01
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026 98.000 0.00
3.75% Premier Capital plc Unsecured € 2026 98.000 -0.51
3.25% AX Group plc Unsec Bds 2026 Series I 100.000 -0.50
3.75% Mercury Projects Finance plc Secured € 2027 99.000 2.06
4.35% SD Finance plc Unsecured € 2027 98.000 0.10
4% Eden Finance plc Unsecured € 2027 97.000 0.00
3.75% Tumas Investments plc Unsecured € 2027 99.000 -1.00
4% Stivala Group Finance plc Secured € 2027 98.000 -1.01
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028 96.000 0.00
4% SP Finance plc Secured EUR Bonds 2029 97.000 -2.98
3.75% TUM Finance plc Secured € 2029 100.000 0.00
3.75% AX Group plc Unsec Bds 2029 Series II 100.000 0.00
3.5% Bank of Valletta plc € Notes 2030 S1 T1 100.000 -0.01
4.25% Mercury Projects Finance plc Secured € 2031 99.000 0.00
3.75% Bank of Valletta plc Unsecured Sub € 2026-2031 100.310 0.31

The Government Stocks traded today were:

Closing Price % Change
5% MGS 2021(I) 106.970 -0.10
4.8% MGS 2028 (I) 136.770 -0.33
4.5% MGS 2028 (II) 134.400 -0.19
2.3% MGS 2029 (II) 117.560 0.67
4.1% MGS 2034 (I) 144.840 -0.23
2.5% MGS 2036 (I) 125.880 -0.01
2.1% MGS 2039 (I) 128.000 0.79
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% JD Capital plc Unsecured € Bonds 2028 98.690 -1.17%
5% Borgo Lifestyle Finance plc Secured Callable 2026-2029 95.000 1.60%
5% Smartcare Finance plc Secured € 2029 100.000 1.01%

 

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].