MSE Index returns to negative territory

MSE Daily Trading Report, 19 May 2020

The MSE Equity Total Return Index did not manage to sustain its previous gain as it lost 1.183%, reaching 8,104.891 points. Seven equities were active, of which gainers and losers tallied to three a-piece. A total turnover of €62,744 was generated across 22 transactions.

GO plc registered the highest liquidity as total turnover stood at €24,056. Six deals involving 6,690 shares dragged the price 1.11% lower to €3.56. The company announced that the board has not yet taken a final decision regarding the re-evaluation of the recommendation to pay a dividend of €0.14, net of tax.

Similarly, Bank of Valletta plc declined by 3.85% to €1.00 as 20,670 shares were spread across eight transactions. A total turnover of €21,038 was generated.

A sole deal of 45 Malta International Airport plc shares pushed the price 1% higher to €5.05.

Mapfre Middlesea plc headed the list of fallers with a 12.31% change in price as 2,171 shares changed hands over two deals. A total turnover of €5,077 was recorded as the equity closed reached the €2.28 price level.

In the property sector, Malta Properties Company plc traded twice over a mix of 2,000 shares. The equity was the top performer as the price was up by 7.41% to €0.58. Total turnover stood at €1,080.

Meanwhile, Malita Investments plc was active but closed unchanged at €0.89. One deal of 7,000 shares generated a total turnover of €6,230.

Harvest Technologies plc ended the session on a positive note with a 2.74% increase to €1.50. Two deal involving 3,425 shares were executed, worth €5,036.

In the Sovereign Debt market, three issued were active, of which two declined while the 5.1% MGS 2029 (I) was active but closed unchanged at €140.90. The 2.5% MGS 2036 (I) declined by 3.9%, ending the session at €122.05.

In the Corporate Debt market, 19 issues were active, of which three headed north while another seven closed in the opposite direction. The 4% International Hotel Investments plc Unsecured € 2026 registered the best performance as it closed 0.67% higher at €0.99. On the other hand, the 3.25% AX Group plc Unsec Bds 2026 Series I traded 1.48% lower, to close at par.

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


The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change

The Corporate Bonds traded today were:

 Closing Price% Change
5.5% Mediterranean Investments Holding plc Unsecured € 2020100.0100.00
5.8% International Hotel Investments plc 202199.5000.00
3.65% GAP Group plc Secured € 2022100.000-0.89
6% Medserv plc Sec. & Grntd €  Notes 2020-2023 S1 T197.000-1.02
4.4% Von der Heyden Group Finance plc Unsecured € 2024100.0000.00
5.1% 1923 Investments plc Unsecured € 202498.000-0.90
5.75% International Hotel Investments plc Unsecured € 2025100.2500.00
5.1% 6PM Holdings plc Unsecured € 202599.600-0.10
4.5% Hili Properties plc Unsecured € 2025100.0000.00
4.25% Corinthia Finance plc Unsecured € 2026100.0000.00
4% International Hotel Investments plc Secured € 202699.990-0.01
4% Merkanti Holding plc Secured € 2026100.0000.00
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 202697.5000.52
3.25% AX Group plc Unsec Bds 2026 Series I100.000-1.48
4% International Hotel Investments plc Unsecured € 202699.0000.67
3.5% Simonds Farsons Cisk plc Unsecured € 2027107.0100.00
3.85% Hili Finance Company plc Unsecured € 202895.0000.11
3.75% TUM Finance plc Secured € 202999.990-0.01
3.75% AX Group plc Unsec Bds 2029 Series II100.7500.00

The Government Stocks traded today were:

 Closing Price% Change
4.5% MGS 2028 (II)132.850-0.14
5.1% MGS 2029 (I)140.9000.00
2.5% MGS 2036 (I)122.050-3.90

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].