MSE Daily Trading Report, 14 May 2020

The MSE Equity Total Return Index extended its negative trend with a 0.472% decline, as it reached 8,234.379. Six equities were active. Of which gainers and losers tallied to three apiece. A total turnover of €119,326 was generated across 23 transactions.

Telecommunications company, GO plc, registered the highest liquidity with a total turnover of €61,102. Eight deals involving 16,843 shares were executed. The equity reached €3.60 during the session but closed 6.22% lower at €3.62.

RS2 Software plc was up by 2.13% over a single transaction of 5,625 shares. The equity ended the session at €1.92 while total turnover amounted to €10,800.

In the banking industry, Bank of Valletta plc registered a 0.96% gain as it reached the €1.05 price level. A total of 15,000 shares changed hands across three deals, worth €15,750.

Similarly, a sole deal of 1,950 Lombard Bank Malta plc shares pushed the price 1.94% higher to €2.10. Total turnover stood at €4,095.

Seven deals involving 4,614 Malta International Airport plc shares resulted into a 1.22% fall in price. A total turnover of €22,791 was recorded as the equity closed at €4.84.

Medserv plc headed the list of fallers as it lost 12.5%, ending the session at €0.70. A total of 6,800 shares were spread over three deals, generating a total turnover of €4,788.

International Hotel Investments plc announced its annual report of the sinking fund for the year ended December 31, 2019. In December 2016, the International Hotel Investments plc sinking fund reserves was set up whereby Charts is the appointed custodian to hold and administer the fund’s assets. Charts confirmed, that as at the date of this report, the sinking fund amounts to €5,484,482.56, which is in accordance with the table of the sinking fund contributions included in the prospectus. Such proceeds have been properly applied in accordance with the investment parameters as described in the prospectus and the policies of the listing authority.

The equity did not record any trading activity during the session.

In the Sovereign Debt market, out of eight active issues, three headed north while the rest closed in the opposite direction. The 5.2% MGS 2031 (I) was the best performer as it closed 0.15% higher at €148.08. On the other hand, the 3.3% MGS 2024 (I) lost 1.85%, to close at €114.25.

In the Corporate Debt market, 15 issues were active, of which the 4.4% Von der Heyden Group Finance plc Unsecured € 2024 closed 0.02% higher at par while another seven lost ground. The 5.8% International Hotel Investments plc 2021 traded 0.7% lower at €99.50.

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	15,000	15,750.00	3	1.050	0.96
LOM	1,950	4,095.00	1	2.100	1.94
GO	16,843	61,102.12	8	3.620	-6.22
MIA	4,614	22,791.12	7	4.840	-1.22
MDS	6,800	4,788.00	3	0.700	-12.50
RS2	5,625	10,800.00	1	1.920	2.13

The Corporate Bonds traded today were:

	Closing Price	% Change
5.5% Mediterranean Investments Holding plc Unsecured € 2020	100.010	-0.19
5.8% International Hotel Investments plc 2021	99.500	-0.70
3.65% GAP Group plc Secured € 2022	100.900	-0.09
4.4% Von der Heyden Group Finance plc Unsecured € 2024	100.000	0.02
4.25% Best Deal Properties Holding plc Secured € 2024	100.000	0.00
5.75% International Hotel Investments plc Unsecured € 2025	101.500	0.00
4.5% Hili Properties plc Unsecured € 2025	99.500	-0.50
4% Merkanti Holding plc Secured € 2026	99.990	-0.01
5% Dizz Finance plc Unsecured € 2026	98.000	0.00
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026	97.000	0.00
3.75% Mercury Projects Finance plc Secured € 2027	99.950	-0.05
3.75% Virtu Finance plc Unsecured € 2027	101.500	0.00
3.75% Bortex Group Finance plc Unsecured € 2027	100.500	-0.50
4% SP Finance plc Secured EUR Bonds 2029	99.800	0.00
3.5% Bank of Valletta plc € Notes 2030 S2 T1	100.000	0.00

The Government Stocks traded today were:

	Closing Price	% Change
5% MGS 2021(I)	106.140	-0.04
5.1% MGS 2022(I)	111.430	-0.19
3.3% MGS 2024 (I)	114.250	-1.85
4.5% MGS 2028 (II)	133.550	0.07
2.3% MGS 2029 (II)	115.370	-0.38
5.2% MGS 2031 (I)	148.080	0.15
4.65% MGS 2032 (I)	144.340	0.08
3% MGS 2040 (I)	132.560	-0.47

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].