IHI, GO & RS2 drag MSE Index further down

MSE Daily Trading Report, 15 June 2020

The MSE Equity Total Return Index dropped by a further 0.649% as it reached 8,238.888 points. Seven equities were active, of which one advanced while another three traded lower. A total turnover of €35,911 was generated across 17 transactions.

The only positive performer was Malta International Airport plc as it registered a 0.88% movement in price. The equity ended the session at €5.70 as 1,960 shares were spread across six transactions. Total turnover stood at €11,145.

Telecommunications company, GO plc¸ announced that during the Annual General Meeting, which will be held on July 28, 2020, the approval of the payment of a dividend of €0.10 (net of taxation) will be considered. If approved, the final dividend for the year ending 31 December 2019 will be paid on July 30, 2020 to all shareholders on the shareholders’ register as at April 30, 2020.

The equity declined by 0.57% as it reached the €3.50 price level. Two deals involving 1,850 shares were executed, worth €6,475.

Similarly, RS2 Software plc was down by 0.86% as it closed at €2.30. A total turnover of €3,067 was generated as 1,340 shares changed hands across three transactions.

International Hotel Investments plc headed the list of fallers with a 6.72% change in price. Three deals involving 3,550 shares dragged the price to €0.555. A total turnover of €2.072 was recorded.

In the banking industry, Bank of Valletta plc traded once over 2,000 shares, leaving no impact on the previous closing price of €1.00.

Elsewhere, Simonds Farsons Cisk plc and Malita Investments plc were both active but closed unchanged at €7.95 and €0.89, respectively.

In the Sovereign Debt market, nine issues were active, of which gainers and losers tallied to three a-piece. The 2.1% MGS 2039 (I) headed the list of gainers as it closed at €127.90, translating into a 2.32% increase in price. Conversely, the 4.45% MGS 2032 (II) traded 2.04% level, to close at €144.00.

In the Corporate Debt market, out of 16 active issues, seven headed north while another four closed in the opposite direction. The best performance was recorded by the 4% Merkanti Holding plc Secured € 2026 as it closed 2.98% higher at €104.00. On the other hand, the 5% Tumas Investments plc Unsecured € 2024 lost 2.941%, reaching its par value.

In the Prospect MTF market, the 5% Busy Bee Finance Company plc Unsecured € 2029 was the only active issue and closed unchanged at €102.00.

 

The Equities traded today were:

Symbol Code Volume Traded Value Traded Trades Closing Price % Change
BOV 2,000 2,000.00 1 1.000 0.00
SFC 843 6,701.85 1 7.950 0.00
GO 1,850 6,475.00 2 3.500 -0.57
IHI 3,550 2,072.25 3 0.555 -6.72
MIA 1,960 11,144.65 6 5.700 0.88
RS2 1,340 3,067.00 3 2.300 -0.86
MLT 5,000 4,450.00 1 0.890 0.00

The Corporate Bonds traded today were:

  Closing Price % Change
4.4% Von der Heyden Group Finance plc Unsecured € 2024 101.200 0.20
5% Tumas Investments plc Unsecured € 2024 100.000 -2.91
5.1% 1923 Investments plc Unsecured € 2024 99.950 0.96
4.5% Izola Bank plc € Unsecured 2025 101.000 -1.46
5.1% 6PM Holdings plc Unsecured € 2025 99.990 0.09
4% International Hotel Investments plc Secured € 2026 101.500 0.00
4% Merkanti Holding plc Secured € 2026 104.000 2.98
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026 97.600 -0.36
3.25% AX Group plc Unsec Bds 2026 Series I 100.000 0.00
4.35% SD Finance plc Unsecured € 2027 100.100 -2.82
4.5% Grand Harbour Marina plc Unsecured € 2027 100.500 0.40
5% MeDirect Bank Plc Subordinated Unsecured € 2022-2027 103.000 0.00
3.85% Hili Finance Company plc Unsecured € 2028 99.000 0.05
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028 98.750 0.00
4% SP Finance plc Secured EUR Bonds 2029 102.000 0.99
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) 105.630 0.00
4.8% MGS 2028 (I) 136.000 0.00
4.5% MGS 2028 (II) 132.030 0.02
5.25% MGS 2030 (I) 144.250 -1.20
5.2% MGS 2031 (I) 146.000 0.00
4.65% MGS 2032 (I) 144.000 0.70
4.45% MGS 2032 (II) 144.000 -2.04
2.5% MGS 2036 (I) 128.000 -1.54
2.1% MGS 2039 (I) 127.900 2.32

Prospect Bonds traded today were:

  Closing Price % Change
5% Busy Bee Finance Company plc Unsecured € 2029 102.000 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].