MSE Daily Trading Report, 16 June 2020

The MSE Equity Total Return Index registered a further 0.297% increase as it reached 8,288.984 points. Eight equities were active, of which five headed north while two closed in the opposite direction. A total turnover of €248,742 was generated across 35 transactions.

Bank of Valletta plc was the most liquid with a total turnover of €96,442. Seven deals involving 95,358 shares pushed the price 1% higher to €1.01.

Similarly, HSBC Bank Malta plc registered a positive 2.08% change in price, as it closed at €0.98. The bank traded twice over a mix of 10,000 shares, worth €9,604.

A single transaction of 450 Malta International Airport plc share pushed the price 1.75% higher to €5.80.

RS2 Software plc headed the list of gainers as it was up by 3.45%. A total of 31,333 shares were spread over nine deals. The equity ended the session at €2.40 and generated a total turnover of €73,250.

Telecommunications company, GO plc lost 2.29% as it reached the €3.42 price level. This was the result of four deals involving a mix of 3,017 shares. Total turnover amounted to €10,320. Meanwhile, its subsidiary, BMIT Technologies plc traded 1.63% higher as it ended the session at €0.498. A total turnover of €41,756 was generated as 84,627 shares changed hands across nine transactions.

In the property sector, Malta Properties Company plc announced that the Annual General Meeting shall be held on July 29, 2020. A sole deal of 10,000 shares dragged the price by 1.67% to €0.59. Total turnover stood at €5,900.

Simonds Farsons Cisk plc announced that it notified the Malta Financial Services Authority about its intention to avail itself of the two-month extension granted in terms of the Circular for the publication of its forthcoming Financial Analysis Summary (FAS) update.

At this time there exists little clarity and limited forward visibility as to the timing and nature of any amelioration to the current crisis being faced by businesses – and/or of the shape of any subsequent recovery in economic activity. The Company believes that an extension in the date for the publication of the FAS to (not later than) 27th September 2020 will enable it to obtain a greater degree of visibility of the impact on market conditions as travel and other restrictions are lifted. This will therefore provide a better basis for the updating of the forecasts for the financial year ending January 31, 2020.

The equity was active but closed unchanged at €8.00.

In the Sovereign Debt market, six issues were active of which two advanced while the 4.3% MGS 2022 (II) closed 1.62% lower at €108.00. The 5.25% MGS 2030 (I) recorded the best performance with a 3.2% increase in price, to close at €147.99.

In the Corporate Debt market, out of 18 active issues, three registered gains while seven closed in the red. The 4% Stivala Group Finance plc Secured € 2027 was the best performer as it closed 2.48% higher at €102.49. Conversely, the 3.65% Stivala Group Finance plc Secured € 2029 lost 0.77%, ending the session at €100.02.

In the Prospect MTF market, two issued were active. The 5% Busy Bee Finance Company plc Unsecured € 2029 traded 0.69% lower, to close at €101.30.

 

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	95,358	96,441.78	7	1.010	1.00
HSB	10,000	9,604.00	2	0.980	2.08
SFC	1,100	8,860.00	2	8.000	0.00
GO	3,017	10,319.84	4	3.420	-2.29
MIA	450	2,610.00	1	5.800	1.75
RS2	31,333	73,249.92	9	2.400	3.45
MPC	10,000	5,900.00	1	0.590	-1.67
BMIT	84,627	41,756.23	9	0.498	1.63

The Corporate Bonds traded today were:

	Closing Price	% Change
3.65% GAP Group plc Secured € 2022	101.000	0.00
4.25% GAP Group plc Secured € 2023	101.000	-0.20
5.8% International Hotel Investments plc 2023	100.000	-0.01
5.3% Mariner Finance plc Unsecured € 2024	104.750	-0.71
5.1% 1923 Investments plc Unsecured € 2024	99.950	0.00
4.25% Best Deal Properties Holding plc Secured € 2024	102.990	0.48
5.1% 6PM Holdings plc Unsecured € 2025	99.900	0.00
4.5% Hili Properties plc Unsecured € 2025	102.000	0.00
4% International Hotel Investments plc Secured € 2026	101.500	0.00
5% Dizz Finance plc Unsecured € 2026	100.000	0.00
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026	97.950	0.00
4.4% Central Business Centres plc Unsecured € 2027 S1/17 T1	100.500	0.00
3.75% Tumas Investments plc Unsecured € 2027	101.000	-0.49
4% Stivala Group Finance plc Secured € 2027	102.490	2.48
3.75% Bortex Group Finance plc Unsecured € 2027	101.500	-0.49
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028	98.750	0.25
4% SP Finance plc Secured EUR Bonds 2029	101.900	-0.10
3.65% Stivala Group Finance plc Secured € 2029	100.020	-0.77

The Government Stocks traded today were:

	Closing Price	% Change
4.3% MGS 2022 (II)	108.000	-1.62
4.5% MGS 2028 (II)	138.000	0.00
5.25% MGS 2030 (I)	147.990	3.20
5.2% MGS 2031 (I)	150.000	2.74
2.2% MGS 2035 (I)	125.000	0.00
2.1% MGS 2039 (I)	127.000	0.00

Prospect Bonds traded today were:

	Closing Price	% Change
5% Borgo Lifestyle Finance plc Secured Callable 2026-2029	98.000	0.00
5% Busy Bee Finance Company plc Unsecured € 2029	101.300	-0.69

 

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].