MSE Index drifts lower

MSE Daily Trading Report, 04 May 2020

The MSE Equity Total Return Index started off the week in the red as it closed 0.877% lower at 8,211.135 points. A total of 13 equities were active, of which one headed north while another four lost ground. Total turnover amounted to €367,141, generated over 54 transactions.

Telecommunications company, GO plc, registered the highest liquidity as total turnover stood at €116,964.  Eight deals involving 32,360 shares dragged the price by 2.7% into the red, to close at €3.60. Meanwhile, its subsidiary, BMIT Technologies plc was active but closed unchanged at €0.48.

In the banking industry, Lombard Bank Malta plc was the only gainer for today’s session, as it advanced by 5%. The bank reached the €2.10 price level as 30,000 shares changed hands across two transactions. Total turnover stood at €63,000.

On the other hand, Bank of Valletta lost 0.95% as it ended the session at €1.04. Seven deals involving 21,600 shares were executed, worth €22,586. Meanwhile, HSBC Bank Malta plc traded once on slim volume, which did not impact the bank’s previous closing price of €1.02.

Malta International Airport plc registered a 0.98% loss as it closed at €5.05. Total turnover amounted to €66,787 as 11 deals involving 13,300 shares were executed.

Three deal involving 12,650 Medserv plc shares resulted into a 7.87% drop in price. Thee equity registered the worst performance as it closed at €0.82. Total turnover stood at €10,568.

International Hotel Investments plc also closed in the red as it closed 3.33% lower at €0.58. A total of 10,750 shares changed ownership over four deals, generating a total turnover of €6,280.

Main Street Complex plc traded five times over a mix of 80,000 shares, worth €36,000. The equity’s previous closing price of €0.45 was not impacted.

Similarly, eight deals involving 13,200 RS2 Software plc shares did not alter the equity’s previous closing price of €2.06. A total turnover of €26,182 was generated.

Retail conglomerate, PG plc, traded twice over 6,184 shares, leaving no impact on the price, as it closed at €1.85.

Meanwhile, Malita Investments plc and Simonds Farsons Cisk plc both traded once but closed unchanged at €0.85 and €8.30, respectively.

In the Sovereign Debt market, seven issues were active, of which three lost ground while the rest closed unchanged. The 2.1% MGS 2039 (I) lost 0.77%, as it ended the session at €129.00.

In the Corporate Debt market, out of 26 active issues, nine advanced while another eight closed in the red. The best performer was the 5% Dizz Finance plc Unsecured € 2026 as it closed 3.16% higher at €98.00. Conversely, the 3.85% Hili Finance Company plc Unsecured € 2028 traded 3.68% lower as it closed at €91.50.

In the Prospects MTF market, the 5% The Convenience Shop Holding plc Unsec Call € 2026-2029 was active but closed unchanged at €101.00.

 

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV21,60022,585.7471.040-0.95
HSB800816.0011.0200.00
LOM30,00063,000.0022.1005.00
SFC5974,955.1018.3000.00
GO32,360116,963.6083.600-2.70
IHI10,7506,280.0040.580-3.33
MIA13,30066,787.00115.050-0.98
MDS12,65010,568.0030.820-7.87
RS213,20026,182.0082.0600.00
MLT710603.5010.8500.00
PG6,18411,440.4021.8500.00
MSC80,00036,000.0050.4500.00
BMIT2,000960.0010.4800.00

The Corporate Bonds traded today were:

 Closing Price% Change
5.8% International Hotel Investments plc 202199.000-1.00
5% Mediterranean Investments Holding plc Unsecured € 202297.5000.00
6% Pendergardens Developments plc Secured € 2022 Series II103.2500.24
4.4% Von der Heyden Group Finance plc Unsecured € 202499.000-0.90
6% International Hotel Investments plc € 2024101.0001.00
5.1% 1923 Investments plc Unsecured € 202498.5000.51
5.1% 6PM Holdings plc Unsecured € 202595.0000.53
4.5% Hili Properties plc Unsecured € 202597.100-0.92
4.25% Corinthia Finance plc Unsecured € 2026100.0000.00
4% MIDI plc Secured € 2026100.9000.60
4% International Hotel Investments plc Secured € 2026100.0000.00
4% Merkanti Holding plc Secured € 202699.9901.00
5% Dizz Finance plc Unsecured € 202698.0003.16
4% International Hotel Investments plc Unsecured € 202698.300-0.10
3.75% Mercury Projects Finance plc Secured € 202799.5000.00
4.35% SD Finance plc Unsecured € 2027100.0000.00
4% Eden Finance plc Unsecured € 2027100.5000.50
4.4% Central Business Centres plc Unsecured € 2027 S1/17 T199.5000.10
3.75% Tumas Investments plc Unsecured € 2027100.0000.00
3.75% Virtu Finance plc Unsecured € 2027101.5000.00
3.85% Hili Finance Company plc Unsecured € 202891.500-3.68
4.15% Phoenicia Finance Company plc Unsecured € 2023-202898.5000.00
4% SP Finance plc Secured EUR Bonds 202999.0000.00
3.8% Hili Finance Company plc Unsecured € 202995.000-0.92
3.5% Bank of Valletta plc € Notes 2030 S2 T199.000-0.99
4.25% Mercury Projects Finance plc Secured € 2031101.000-1.84

The Government Stocks traded today were:

 Closing Price% Change
5.1% MGS 2022(I)111.730-0.06
4.65% MGS 2032 (I)150.0000.00
4.3% MGS 2033 (I)151.0000.00
4.1% MGS 2034 (I)150.0000.00
2.1% MGS 2039 (I)129.000-0.77
3% MGS 2040 (I)139.0000.00
2.4% MGS 2041 (I)130.750-0.19

The Prospects MTF bonds traded today were:

 Closing Price% Change
5% The Convenience Shop Holding plc Unsec Call € 2026-2029101.0000.00

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].