MSE Index in the red as large caps lose ground

MSE Daily Trading Report, 07 July 2020

The MSE Equity Total Return Index registered a 0.839% decline as it reached 8,198.28 points. A total of 11 equities were active, of which seven closed in the red while one headed north. A total turnover of €67,290 was generated across 30 transactions.

The only positive performer was RS2 Software plc as it closed 0.84% higher at €2.40. This was the result of a sole deal with slim volume.

In the banking industry, Bank of Valletta plc lost 0.99% as 42,062 shares were spread over eight deals. The equity ended the session at €1.00 while total turnover amounted to €42,063.

Its peer, HSBC Bank Malta plc registered a negative 3.65% change in price as it closed at €0.925. Total turnover amounted to €5,530 as 5,927 shares changed hands over four deals.

Four deals involving 1,250 Malta International Airport plc shares dragged the price by 0.87% into negative territory. The equity reached the €5.70 price level and recorded a total turnover of €7,168.

In the property sector, Malta Properties Company plc closed 6.72% lower at €0.555 as a result of a single deal of 2,390 shares, worth €1,326. Similarly, Trident Estates plc shares declined by 4.55% to €1.47. The equity traded once on slim volume.

BMIT Technologies plc traded once over 1,000 shares, resulting into a 2.04% fall in price. The equity ended the session at €0.48. Meanwhile, its parent company, GO plc, was active but closed unchanged at €3.44.

The largest decline was recorded by Medserv plc as it closed at €0.57 – translating into a 17.39% movement in price. Five deals involving 9,200 shares were executed, generating a total turnover of €5,041.

Elsewhere, Mapfre Middlesea plc and Simonds Farsons Cisk plc were both active but closed flat at €2.00 and €8.00, respectively.

In the Corporate Debt market, out of 13 active issues, gainers and losers tallied to four-a-piece. The best performer was the 4.25% Best Deal Properties Holding plc Secured € 2024 as it closed 2.99% higher at €102.99. On the other hand, the 3.25% AX Group plc Unsec Bds 2026 Series I closed 1.96% lower, reaching its par value.

In the Sovereign Bond market, seven issues were active, of which two registered gains while another two traded lower. The 5.25% MGS 2030 (I) headed the list of gainers as it closed 0.68% higher at €147.00. Conversely, the 3% MGS 2040 (I) declined to €136.00 – equivalent to a 4.23% change in price.

In the Prospects MTF market, the 4.25% Calamatta Cuschieri Finance plc Unsec Call 2024-2026 closed 0.99% lower, as it ended the session at par.

 

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV42,06242,063.2381.000-0.99
HSB5,9275,529.7340.925-3.65
MMS1632.0012.0000.00
SFC6204,960.0028.0000.00
GO100344.0023.4400.00
MIA1,2507,167.9045.700-0.87
MDS9,2005,041.2550.570-17.39
RS23072.0012.4000.84
MPC2,3901,326.4510.555-6.72
TRI186273.4211.470-4.55
BMIT1,000480.0010.480-2.04

The Corporate Bonds traded today were:

 Closing Price% Change
6% Pendergardens Developments plc Secured € 2022 Series II105.0001.94
5.8% International Hotel Investments plc 2023100.0000.00
4.4% Von der Heyden Group Finance plc Unsecured € 2024102.0001.49
5.3% Mariner Finance plc Unsecured € 2024105.0000.00
5.1% 1923 Investments plc Unsecured € 202499.9000.00
4.25% Best Deal Properties Holding plc Secured € 2024102.9902.99
4.5% Hili Properties plc Unsecured € 2025101.000-0.98
4.35% Hudson Malta plc Unsecured € 2026100.1000.10
4.25% Corinthia Finance plc Unsecured € 202699.0000.00
4% International Hotel Investments plc Secured € 2026100.010-1.47
5% Dizz Finance plc Unsecured € 202697.620-1.69
3.25% AX Group plc Unsec Bds 2026 Series I100.000-1.96
4.5% Grand Harbour Marina plc Unsecured € 2027100.5000.00

The Government Stocks traded today were:

 Closing Price% Change
4.3% MGS 2022 (II)107.8200.00
4.5% MGS 2028 (II)132.0000.10
5.25% MGS 2030 (I)147.0000.68
4.65% MGS 2032 (I)144.0000.00
4.3% MGS 2033 (I)140.570-1.01
3% MGS 2040 (I)136.000-4.23
2.4% MGS 2041 (I)125.0000.00

The Prospect Bonds traded today were:

 Closing Price% Change
4.25% Calamatta Cuschieri Finance plc Unsec Call 2024-2026100.000-0.99

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].