Banks push MSE Index into the green

MSE Daily Trading Report, 19 June 2020

The MSE Equity Total Return Index  ended the week on a positive note as it closed 0.189% higher at 8,302.228 points. There were nine active equities of which two gained ground while the rest closed unchanged. A total turnover of €47,573 was generated across 15 transactions.

Three equities were active in the banking industry. Bank of Valletta plc increased by half a percent to close at the price level of €1.015. This equity traded four times tallying to just over 17,150 shares, worth €17,374. FIMBank plc closed 2.5% higher over a single trade of 10,000 shares. The bank ended the session $0.41.

Their peer, Lombard Bank Malta plc retained the price of €2.02. The equity traded once on slim volume.

Malta International Airport plc generated a total turnover of €13,949 as 2,405 shares changed ownership across two deals. The equity’s previous closing price of €5.80 was not altered.

BMIT Technologies plc continued maintained its share price at €0.49.

Similarly, RS2 Software plc was active but closed unchanged at €2.40. Two deals involving 1,110 shares were executed, worth €2,664.

In the property sector, MIDI plc’s equity retained yesterday’s share price of €0.37. Likewiese, Malita Investments plc traded flat  €0.895.

Elsewhwere, International Hotel Investments plc was active but closed unchanged at €0.56. Two deals involving 2,687 shares were executed.

In the Sovereign Debt market, eight issues were active of which all closed in the red except for two, which traded unchanged. The 2.2% MGS 2035 (I) issuance lost 8.80%, ending the session at €114.00.

In the Corporate Debt market, out of 12 active issues, three registered gains while another three closed in the red. The 5.3% Mariner Finance plc Unsecured € 2024 headed the list of gainers as it closed 0.24% higher at €105. Conversely, the 3.5% Bank of Valletta plc € Notes 2030 S1 T1 closed 5.88% lower at €96.

A single trade in the Prospect MTF market increased the 5.5% Anchovy Studios plc € Unsecured 2027 issuance price by 0.85% to close at €101.

 

The Equities traded today were:

Symbol Code Volume Traded Value Traded Trades Closing Price % Change
BOV 17,153 17,373.85 4 1.015 0.50
LOM 684 1,381.68 1 2.020 0.00
IHI 2,687 1,529.72 2 0.560 0.00
FIM 10,000 3,653.54 1 0.410 2.50
MIA 2,405 13,949.00 2 5.800 0.00
RS2 1,110 2,664.00 2 2.400 0.00
MDI 8,000 2,960.00 1 0.370 0.00
MLT 158 141.41 1 0.895 0.00
BMIT 8,000 3,920.00 1 0.490 0.00

The Corporate Bonds traded today were:

Closing Price % Change
6% International Hotel Investments plc € 2024 103.100 0.10
5.3% Mariner Finance plc Unsecured € 2024 105.000 0.24
5.1% 1923 Investments plc Unsecured € 2024 99.950 -0.03
4% MIDI plc Secured € 2026 102.000 0.00
4% International Hotel Investments plc Secured € 2026 100.250 0.00
3.9% Plaza Centres plc Unsecured € 2026 102.000 0.00
3.25% AX Group plc Unsec Bds 2026 Series I 100.200 0.20
3.5% Simonds Farsons Cisk plc Unsecured € 2027 107.010 0.00
3.75% TUM Finance plc Secured € 2029 99.100 -3.68
3.8% Hili Finance Company plc Unsecured € 2029 99.000 0.00
3.5% Bank of Valletta plc € Notes 2030 S1 T1 96.000 -5.88
3.75% Bank of Valletta plc Unsecured Sub € 2026-2031 102.000 0.00

 The Government Stocks traded today were:

Closing Price % Change
5% MGS 2021(I) 105.500 -0.10
4.5% MGS 2028 (II) 131.890 -4.43
5.2% MGS 2031 (I) 149.000 -0.67
4.65% MGS 2032 (I) 145.000 0.00
4.45% MGS 2032 (II) 144.000 0.00
2.2% MGS 2035 (I) 114.000 -8.80
2.5% MGS 2036 (I) 125.000 -0.79
3% MGS 2040 (I) 138.000 -1.43

Prospect Bonds traded today were:

Closing Price % Change
5% Smartcare Finance plc Secured € 2029 101.000 0.85

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].