MSE Daily Trading Report, 15 May 2020

The MSE Equity Total Return Index continued to lose ground in today’s session. The index fell another 0.79% to close the session at 8,169.326 points. In total, there were nine equities that were traded today – tallying to a market value of €65,565 spread across 29 transactions.

In the banking industry both Bank of Valletta plc and HSBC Bank Malta plc closed in negative territory. Five trades of 2,235 BOV shares decreased the equity price by just under 1% to €1.04. On the other hand, HSBC share price took a jab as a couple of deals diminished the price by 5.45% to end the session at €0.955.

Telecommunications company, GO plc, registered a loss of a 0.55% to end the session at €3.60. Its subsidiary BMIT Technologies plc also followed suit. The equity’s price closed 4.17% lower to reach the price level of €0.46.

In the property sector, Malta Properties Company plc closed in the red with a 1.82% change in price, to end the session at €0.54. Two deals involving 2,180 shares were executed.

Another single trade in RS2 Software plc pushed the share price by a further 2.6% – the result a trade of 500 shares. Contrarily, a single trade in International Hotel Investments plc shares dragged the share price down by 3.39% to end the session at €0.57.

Three deals involving 607 Malta International Airport plc shares resulted into a recovery of yesterday’s loss of 1.22% – as the equity increased by 1.24% to reach the €4.90 price level.

Three deals involving 1,285 Simonds Farsons Cisk plc shares reduced the price by 0.6% to close at €8.25. Total turnover stood at €10,606.

In the Sovereign Debt market, out of seven active issues, two traded higher while the rest closed in negative territory. The 4.65% MGS 2032 (I) was the best performer as it closed 4.65% higher at €151.00. On the other hand, the 5.1% MGS 2029 (I) issuance lost 3.05%, to close at €140.58.

In the Corporate Debt market, 14 issues were active, of which the 4.35% SD Finance plc Unsecured € 2027 bond issuance closed lowest – 0.79% lower to close at €100,20. The 3.75% AX Group plc Unsec Bds 2029 Series II registered the highest gain as a single trade increased the price by 1.98% to end the session at €103.

There was only a single traded recorded in the Prospects MTF market. This trade had no affect on the price of the 5.5% IG Finance plc € Unsecured 2024-2027 bond issuance.

 

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	2,235	2,303.40	5	1.040	-0.95
HSB	920	896.10	2	0.955	-5.45
SFC	1,285	10,605.50	3	8.250	-0.60
GO	2,911	10,541.42	4	3.600	-0.55
IHI	10,000	5,700.00	1	0.570	-3.39
MIA	607	3,000.00	3	4.900	1.24
RS2	500	985.00	1	1.970	2.60

The Corporate Bonds traded today were:

	Closing Price	% Change
4.4% Von der Heyden Group Finance plc Unsecured € 2024	100.000	0.00
4.5% Hili Properties plc Unsecured € 2025	100.000	0.50
4.25% Corinthia Finance plc Unsecured € 2026	100.000	0.00
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026	97.950	0.00
4% MIDI plc Secured € 2026	102.000	0.89
4% International Hotel Investments plc Secured € 2026	100.000	0.00
4% Merkanti Holding plc Secured € 2026	100.000	0.01
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026	97.000	0.00
4% International Hotel Investments plc Unsecured € 2026	98.340	-0.05
4.35% SD Finance plc Unsecured € 2027	100.200	-0.79
4.5% Grand Harbour Marina plc Unsecured € 2027	100.400	0.00
4% Stivala Group Finance plc Secured € 2027	100.000	0.00
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028	98.700	-0.30
3.75% AX Group plc Unsec Bds 2029 Series II	103.000	1.98

The Government Stocks traded today were:

	Closing Price	% Change
5.1% MGS 2022(I)	111.000	-0.39
4.5% MGS 2028 (II)	132.780	-0.58
5.1% MGS 2029 (I)	140.580	-3.05
5.2% MGS 2031 (I)	147.000	-0.73
4.65% MGS 2032 (I)	151.000	4.61
4.45% MGS 2032 (II)	147.500	3.75
3% MGS 2040 (I)	131.000	-1.18

The Prospects MTF bonds traded today were:

	Closing Price	% Change
5.5% IG Finance plc € Unsecured 2024-2027	99.50	0.00

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].