MSE Daily Trading Report, 20 April, 2020

The MSE Equity Total Return Index ended the session in negative territory as it lost 0.414%, to close at 8,035.943 points. A total of 13 equities were active, of which three headed north while another four closed in the opposite direction. A total turnover of €375,774 was generated over 45 deals.

Today’s three positive performers were all in the property sector. Malta Properties Company plc headed the list of gainers with a double-digit gain of 13.33%, to close at €0.595. The equity traded twice over a mix of 2,151 shares, worth €1,281.

A sole deal of 18,000 MIDI plc share pushed price 5.56% upwards, reaching the €0.38 price level. A total turnover of €6,840 was recorded. Similarly, one deal of 9,000 Trident Estates plc shares resulted into a positive 2.27% change in price. The equity ended the session at €1.35 and generated a total turnover of €12,150.

Malita Investment plc traded once over 3,750 shares but closed unchanged at €0.80. Total turnover stood at €3,000.

Meanwhile, Tigne’ Mall plc announced that the board has approve the audited financial statements for the year ended December 31, 2019. These shall be approved by the shareholders at the Annual General Meeting, to be held at a later stage when circumstances allow. The company’s revenues were up by 7.5% to €7 million when compares to the previous year. This was an anticipated increase, in line with an increase in direct costs. Meanwhile, operating profits advanced by 6.5% to €4.4 million from the previous year.  Due to the current situation, the company shall not be paying further dividends with respect to the 2019 financial results, to preserve its liquidity in the coming months.

No trading activity was recorded.

Simonds Farsons Cisk plc registered the highest liquidity during today’s session as total turnover stood at €91,699. Nine deals involving 11,337 shares dragged price 5.88% lower to €8.00.

Similarly, PG plc, recorded a total turnover of €85,631 as 47,573 shares changed hands across five transactions. The equity’s previous closing price of €1.80 was not impacted.

Two equities were active in the banking industry, both of which closed unchanged. Bank of Valletta plc closed at €1.02 and generated a total turnover of €21,231. Seven deals involving 20,757 shares were executed. Its peer, HSBC Bank Malta plc, executed three deals with a spread of 34,290 shares, worth €33,261. The bank closed flat at €0.97.

Malta International Airport plc declined by 0.4% as it ended the session at €4.98. The equity traded nine times over a spread of 11,018 shares. A total turnover of €54,917 was generated.

Telecommunications company, GO plc, ended the session with a negative 3.09% change in price, as it close at €3.76. Total turnover amounted to €38,751 as 10,298 shares changed hands over two deals. On a similar note, BMIT Technologies plc lost 0.41%, as it reached the €0.488 price level. This resulted from a single deal of 23,000 shares, worth €11,224.

RS2 Software plc was active but closed unchanged at €1.90. The equity executed 7,000 shares over three transactions. A total turnover of €13,300 was recorded.

A single deal of 4,181 International Hotel Investments plc shares did not alter the equity’s previous closing price of €0.595. Total turnover stood at €2,488.

In the Sovereign Debt market, seven issues were active, of which three declined as yields headed north. The 2.5% MGS 2036 (I) traded 6.07% lower, to close at €124.93.

In the Corporate Debt market, 20 issues were active, of which 11 advanced while another two closed in the red. The best performer was the 4% Eden Finance plc Unsecured € 2027 as it closed 2.04% higher, reaching its par value. On the other hand, the 4.4% Von der Heyden Group Finance plc Unsecured € 2024 closed 1.99% lower at €98.00.

In the Prospects MTF market, eight issues were active, of which four registered gains while two lost ground. The 4.75% Orion Finance plc € Unsecured 2027 registered the highest liquidity as total turnover stood at €89,550. The bond traded 0.51% higher, to close at €99.50.

 

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	20,757	21,231.14	7	1.020	0.00
HSB	34,290	33,261.30	3	0.970	0.00
SFC	11,337	91,698.50	9	8.000	-5.88
GO	10,298	38,751.44	2	3.760	-3.09
IHI	4,181	2,487.70	1	0.595	0.00
MIA	11,018	54,917.48	9	4.980	-0.40
RS2	7,000	13,300.00	3	1.900	0.00
MDI	18,000	6,840.00	1	0.380	5.56
MLT	3,750	3,000.00	1	0.800	0.00
MPC	2,151	1,280.60	2	0.595	13.33
PG	47,573	85,631.40	5	1.800	0.00
TRI	9,000	12,150.00	1	1.350	2.27
BMIT	23,000	11,224.00	1	0.488	-0.41

The Corporate Bonds traded today were:

	Closing Price	% Change
4.25% GAP Group plc Secured € 2023	101.000	1.00
5.3% United Finance Plc Unsecured € Bonds 2023	99.000	0.00
4.4% Von der Heyden Group Finance plc Unsecured € 2024	98.000	-1.99
5.3% Mariner Finance plc Unsecured € 2024	101.500	0.00
5.1% 1923 Investments plc Unsecured € 2024	99.940	0.01
4.5% Hili Properties plc Unsecured € 2025	96.530	1.61
4% MIDI plc Secured € 2026	100.250	0.05
4% International Hotel Investments plc Secured € 2026	99.000	0.01
3.75% Premier Capital plc Unsecured € 2026	99.000	0.00
4% International Hotel Investments plc Unsecured € 2026	98.380	0.19
4.35% SD Finance plc Unsecured € 2027	99.900	0.91
4% Eden Finance plc Unsecured € 2027	100.000	2.04
4.5% Grand Harbour Marina plc Unsecured € 2027	100.000	0.00
4% Stivala Group Finance plc Secured € 2027	100.000	0.00
3.75% Virtu Finance plc Unsecured € 2027	101.000	1.00
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028	98.000	1.98
4% SP Finance plc Secured EUR Bonds 2029	98.990	1.95
3.65% Stivala Group Finance plc Secured € 2029	99.400	-0.50
3.5% Bank of Valletta plc € Notes 2030 S2 T1	100.000	0.00
4.25% Mercury Projects Finance plc Secured € 2031	100.000	0.00

The Government Stocks traded today were:

	Closing Price	% Change
5.1% MGS 2029 (I)	141.950	-0.66
4.45% MGS 2032 (II)	147.000	0.00
4.3% MGS 2033 (I)	151.350	0.00
4.1% MGS 2034 (I)	150.500	0.00
2.5% MGS 2036 (I)	124.930	-6.07
3% MGS 2040 (I)	139.000	-5.76
2.4% MGS 2041 (I)	138.000	0.00
4.3% MGS 2033 (I)	141.950	-0.66
4.1% MGS 2034 (I)	147.000	0.00

The Prospects MTF bonds traded today were:

	Closing Price	% Change
5% The Convenience Shop Holding plc Unsec Call € 2026-2029	100.000	0.05%
5.5% IG Finance plc € Unsecured 2024-2027	100.000	0.00%
4.75% Orion Finance plc € Unsecured 2027	99.500	0.51%
5% HH Finance Plc Unsecured Euro Bonds 2023-2028	96.500	0.00%
5.75% Pharmacare Finance plc Unsecured EUR Bonds 2025-2028	99.500	0.61%
4.75% Gillieru Investments plc Secured Bonds 2028	98.000	1.03%
5.5% Testa Finance plc € Bonds 2029	98.750	-0.25%
5% Smartcare Finance plc Secured € 2029	100.000	-0.79%

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].