MSE Daily Trading Report, 14 April, 2020

The MSE Equity Total Return Index ended the first trading session of the week 3.194% higher at 8,023.267 points. During today’s session, the MSE experienced technical issues with the T7 trading platform which has affected the market. This resulted into a halt of trading during the day.

Eight equities were active, of which four headed north while another one closed in the opposite direction. A total turnover of €257,670 was generated across 39 transactions.

RS2 Software plc registered the highest liquidity as total turnover stood at €104,570. Four deals involving 55,000 shares pushed price 0.52% higher to €1.93.

In the banking industry, Bank of Valletta plc registered the best performance as it was up by 14.44%. This was the outcome of 14,370 shares changing ownership across seven transactions. The bank ended the session with a total turnover of €13,021 as it reached the €1.03 price level.

Malta International Airport plc also ended today’s short trading session in the green. The equity traded nine times over a spread of 3,978 shares, worth €19,404. This resulted into a 3.33% increase in price, to close at €4.96.

Telecommunications company, GO plc, registered a 10% rise in price as it ended the session at €3.96. Five deals involving 1,900 shares generated a total turnover of €6,922. Its subsidiary, BMIT Technologies plc, traded flat at €0.49. A total of 72,100 shares changed hands over seven deals. Total turnover amounted to €32,329.

In the property sector, two equities were active. MIDI plc was the only negative performer as it closed 5.41% lower at €0.35. Total turnover of €3,850 was generated as it traded three times over a mix of 11,000 shares.

Meanwhile, Malita Investments plc executed two deals involving 6,000 shares. The equity’s previous closing price of €0.80 was not impacted. A total turnover of €4,800 was recorded.

PG plc was also active but closed unchanged at €1.69. A total of 41,287 shares were spread across two transactions, generating a total turnover of €69,775.

In the Sovereign Debt market, out of six active issues, four advanced while the remaining two lost ground. The best performer was the 4.65% MGS 2032 (I) as it closed 0.58% higher at €146.72. Conversely, the 4.5% MGS 2028 (II) lost 0.16%, to close at €133.96.

In the Corporate Debt market, 23 issues were active, of which nine registered gains while another eight traded lower. The 5.8% International Hotel Investments plc 2021 headed the list of gainers as it closed 2.04% higher at par. On the other hand, the 4.5% Izola Bank plc € Unsecured 2025 traded 2.38% lower at €102.50.

In the Prospects MTF market, no trading activity was recorded.

 

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	14,370	13,020.64	7	1.030	14.44
GO	1,900	6,921.60	5	3.960	10.00
MIA	3,978	19,403.98	9	4.960	3.33
RS2	55,000	104,570.00	4	1.930	0.52
MDI	11,000	3,850.00	3	0.350	-5.41
MLT	6,000	4,800.00	2	0.800	0.00
PG	41,287	69,775.03	2	1.690	0.00
BMIT	72,100	35,329.00	7	0.490	0.00

The Corporate Bonds traded today were:

	Closing Price	% Change
5.8% International Hotel Investments plc 2021	100.000	2.04
6% AX Investments Plc € 2024	102.010	0.40
6% International Hotel Investments plc € 2024	99.000	0.25
5% Hal Mann Vella Group plc Secured € 2024	103.000	0.98
5.1% 1923 Investments plc Unsecured € 2024	95.990	0.51
4.25% Best Deal Properties Holding plc Secured € 2024	98.990	-0.01
5.75% International Hotel Investments plc Unsecured € 2025	97.000	1.04
4.5% Izola Bank plc € Unsecured 2025	102.500	-2.38
4.5% Hili Properties plc Unsecured € 2025	97.990	1.02
4% International Hotel Investments plc Secured € 2026	98.000	0.00
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026	96.000	-1.03
3.75% Premier Capital plc Unsecured € 2026	95.000	-2.31
3.25% AX Group plc Unsec Bds 2026 Series I	100.000	0.00
4% International Hotel Investments plc Unsecured € 2026	98.390	-0.11
3.75% Mercury Projects Finance plc Secured € 2027	97.000	-0.51
4% Eden Finance plc Unsecured € 2027	98.000	0.10
4% Stivala Group Finance plc Secured € 2027	98.250	-0.25
3.75% Virtu Finance plc Unsecured € 2027	100.000	0.00
3.75% Bortex Group Finance plc Unsecured € 2027	99.970	-0.03
3.85% Hili Finance Company plc Unsecured € 2028	94.000	0.00
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028	98.000	0.00
4% MeDirect Bank (Malta) plc Sub Unsecured € 2024-2029	99.000	0.00
3.5% Bank of Valletta plc € Notes 2030 S1 T1	100.250	1.26

The Government Stocks traded today were:

	Closing Price	% Change
5% MGS 2021(I)	106.780	-0.15
4.8% MGS 2028 (I)	136.070	0.19
4.5% MGS 2028 (II)	133.960	-0.16
5.2% MGS 2031 (I)	150.370	0.25
4.65% MGS 2032 (I)	146.720	0.58
4.45% MGS 2032 (II)	144.660	0.06

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].