GO and IHI push MSE Index higher

MSE Daily Trading Report, 25 June 2020

The MSE Equity Total Return Index registered a further 0.212% increase as it reached 8,321.98 points. Five equities were active, of which two advances while the rest closed unchanged. A total turnover of €74.397 was generated across 20 transactions.

Telecommunications company, GO plc, enjoyed a positive session with a 0.61% change in price, as it closed at €3.32. During the session, the equity also reached a high price of €3.50 and registered the highest liquidity with a total turnover of €46,526. This was the result of 14,053 shares spread across eight transactions.

The top performer was International Hotel Investments plc as it was up by 1.71%, ending the session at €0.595. Three deals involving 10,480 shares were executed, worth €6,236.

A sole deal of 8,661 Bank of Valletta plc shares did not alter the bank’s previous closing price of €1.02. A total turnover of €8,834 was recorded.

Malta International Airport plc reached an intra-day low price of €5.65 but managed to recoup the loss as it closed unchanged at €5.80. A total of 2,000 shares changed hands over six deals, generating a total turnover of €11,485.

Two transactions involving a mix of 570 RS2 Software plc shares did not impact the equity’s previous closing price of €2.40.

In the Sovereign Debt market, 14 issues were active, of which three headed north while another eight closed in the opposite direction. The 3% MGS 2040 (I) registered the best performance with a 1.47% movement in price, ending the session at €138.00. On the other hand, the 4.8% MGS 2028 (I) declined by 4.89%, to close at €134.10.

In the Corporate Debt market, out of 23 active issues, gainers and losers tallied to nine a-piece. The 6% Medserv plc Sec. & Grntd €  Notes 2020-2023 S1 T1 was the best performer as it closed 1.43% higher at €99.40. Conversely, the 6% International Hotel Investments plc € 2024 lost 2.76%, to close at €102.10.

In the Prospects MTF market, right issues were active, of which six registered gains while one closed in the red. The 5.75% Pharmacare Finance plc Unsecured EUR Bonds 2025-2028 headed the list of gainers as it closed 1% higher at €101.00.

 

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV8,6618,834.2211.0200.00
GO14,05346,526.1683.3200.61
IHI10,4806,235.6030.5951.71
MIA2,00011,485.0065.8000.00
RS25701,316.0022.4000.00

The Corporate Bonds traded today were:

 Closing Price% Change
6% Mediterranean Investments Holding plc Euro 202199.000-1.00
6% Medserv plc Sec. & Grntd €  Notes 2020-2023 S1 T199.4001.43
6% International Hotel Investments plc € 2024102.100-2.76
5.3% Mariner Finance plc Unsecured € 2024105.0000.24
5% Hal Mann Vella Group plc Secured € 2024103.6000.58
4.25% Best Deal Properties Holding plc Secured € 2024100.000-0.99
5.75% International Hotel Investments plc Unsecured € 2025102.0100.01
5.1% 6PM Holdings plc Unsecured € 202599.9000.02
4.5% Hili Properties plc Unsecured € 2025102.0000.00
4.25% Corinthia Finance plc Unsecured € 2026102.000-1.11
4% International Hotel Investments plc Secured € 2026102.0000.00
5% Dizz Finance plc Unsecured € 202699.500-0.49
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 202697.9500.00
3.25% AX Group plc Unsec Bds 2026 Series I100.010-0.19
4.35% SD Finance plc Unsecured € 2027100.010-1.47
4% Stivala Group Finance plc Secured € 2027103.0000.50
3.85% Hili Finance Company plc Unsecured € 202899.0000.00
4.15% Phoenicia Finance Company plc Unsecured € 2023-202899.0000.01
3.75% TUM Finance plc Secured € 2029100.5000.50
3.8% Hili Finance Company plc Unsecured € 202999.0000.00
3.75% AX Group plc Unsec Bds 2029 Series II101.000-2.42
3.5% Bank of Valletta plc € Notes 2030 S1 T1101.000-1.94
3.5% Bank of Valletta plc € Notes 2030 S2 T1100.0000.50

The Government Stocks traded today were:

 Closing Price% Change
5% MGS 2021(I)105.470-0.09
5.1% MGS 2022(I)110.660-0.05
4.8% MGS 2028 (I)134.100-4.89
4.5% MGS 2028 (II)132.0200.10
5.1% MGS 2029 (I)139.830-3.57
5.2% MGS 2031 (I)146.500-1.68
4.65% MGS 2032 (I)144.000-0.69
4.45% MGS 2032 (II)144.0000.00
4.1% MGS 2034 (I)145.0000.00
2.2% MGS 2035 (I)114.4100.10
2.5% MGS 2036 (I)125.0000.00
2.1% MGS 2039 (I)125.000-0.20
3% MGS 2040 (I)138.0001.47
2.4% MGS 2041 (I)129.000-0.77

The Prospects Bonds traded today were:

 Closing Price% Change
4.875% AgriHoldings Plc Senior Secured € 2024100.500-0.50
5.5% IG Finance plc € Unsecured 2024-202799.5000.00
4.75% Orion Finance plc € Unsecured 2027100.0000.25
5% JD Capital plc Unsecured € Bonds 202898.7000.11
5.75% Pharmacare Finance plc Unsecured EUR Bonds 2025-2028101.0001.00
4.75% Gillieru Investments plc Secured Bonds 2028102.0000.99
5.5% Testa Finance plc € Bonds 202999.0000.51
5% Smartcare Finance plc Secured € 2029101.5000.50

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].