MSE marginally lower as GO and MIA move in opposite direction
MSE Daily Trading Report, 10 July 2020
The MSE Equity Total Return Index closed 0.2% lower at 8,169.676 points. Nine equities were active as €71,284 were spread over 20 transactions. There were only two equities which closed in positive territory whilst another three closed lower leaving the remaining four equities unchanged.
Malta International Airport plc topped the list of gainers with a 1.8% gain to close at the €5.75 price level. A total of three trades involving 3,860 shares worth €22,095 were recorded.
MaltaPost plc also gained ground by 0.8% at €1.19, as only one transaction of 500 shares was executed.
In the banking sector, one trade of 800 shares in Lombard Bank Malta plc dragged the price down by almost 3% closing at €2.04, whilst Bank of Valletta plc remained unchanged from the previous day at €0.98. The banking equity was the most active equity, as turnover reached €35,567.
Telecommunications company, GO plc lost nearly 3% over a single deal of 740 shares to close at €3.30.
Meanwhile, two trades with a total of 955 shares in RS2 Software plc dragged the price by 0.8% in the red.
Elsewhere, BMIT Technologies plc, International Hotels Investments plc and PG plc were also active but closed unchanged at €0.48, €0.58 and €1.97, respectively.
In the Corporate Debt market, 22 issues were active, of which eight registered gains while another seven closed in the red. The 3.25% AX Group plc Unsecured € 2026 and the 4.35% SD Finance Unsecured € 2027 headed the list of gainers with a 2% movement in price, to close both at €102. On the other hand, the 4% SP Finance plc Secured € 2029 closed 1.47% lower at €100.01.
In the Sovereign Bond market, out of six active issues, three registered gains, whilst one closed in the red. The other two issues remained unchanged. The 4.65% MGS 2032 (I) registered the largest increase closing 1% higher at €144.00. On the other hand the 4.5% MGS 2028 (II) registered the largest decline as it closed at €134, translating into a 0.7% fall in price.
In the Prospects MTF market, the 5% JD Capital plc Unsecured € Bonds 2028 was active but closed unchanged at €98.50.
The Equities traded today were:
Symbol Code | Volume Traded | Value Traded | Trades | Closing Price | % Change |
BOV | 36,293 | 35,567.14 | 9 | 0.980 | 0.00 |
LOM | 800 | 1,632.00 | 1 | 2.040 | -2.86 |
GO | 740 | 2,442.00 | 1 | 3.300 | -2.94 |
IHI | 4,000 | 2,320.00 | 1 | 0.580 | 0.00 |
MIA | 3,860 | 22,095.00 | 3 | 5.750 | 1.77 |
MTP | 500 | 595.00 | 1 | 1.190 | 0.85 |
RS2 | 955 | 2,238.70 | 2 | 2.380 | -0.83 |
PG | 1,500 | 2,955.00 | 1 | 1.970 | 0.00 |
BMIT | 3,000 | 1,440.00 | 1 | 0.480 | 0.00 |
Corporate Bonds traded today were:
Closing Price | % Change | |
5% Mediterranean Investments Holding plc Unsecured € 2022 | 99.950 | 0.96 |
5.8% International Hotel Investments plc 2023 | 100.000 | 0.00 |
6% AX Investments Plc € 2024 | 104.200 | 0.34 |
6% International Hotel Investments plc € 2024 | 102.100 | 0.00 |
5.3% Mariner Finance plc Unsecured € 2024 | 105.000 | 0.00 |
5.1% 1923 Investments plc Unsecured € 2024 | 99.980 | 0.00 |
4.25% Best Deal Properties Holding plc Secured € 2024 | 102.000 | -0.96 |
5.1% 6PM Holdings plc Unsecured € 2025 | 99.580 | -0.02 |
4.25% Corinthia Finance plc Unsecured € 2026 | 99.990 | 1.00 |
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026 | 97.940 | -0.01 |
3.75% Premier Capital plc Unsecured € 2026 | 101.500 | 0.10 |
3.25% AX Group plc Unsec Bds 2026 Series I | 102.000 | 2.00 |
3.75% Mercury Projects Finance plc Secured € 2027 | 101.000 | -0.98 |
4.35% SD Finance plc Unsecured € 2027 | 102.000 | 2.00 |
4.5% Grand Harbour Marina plc Unsecured € 2027 | 100.500 | 0.48 |
3.75% Bortex Group Finance plc Unsecured € 2027 | 100.000 | -0.99 |
3.85% Hili Finance Company plc Unsecured € 2028 | 98.500 | 1.03 |
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028 | 98.990 | 0.00 |
4% SP Finance plc Secured EUR Bonds 2029 | 100.010 | -1.47 |
3.75% TUM Finance plc Secured € 2029 | 101.000 | 0.00 |
3.65% Stivala Group Finance plc Secured € 2029 | 101.500 | 0.00 |
4.25% Mercury Projects Finance plc Secured € 2031 | 101.000 | -0.01 |
The Government Stocks traded today were:
Closing Price | % Change | |
3.3% MGS 2024 (I) | 113.400 | 0.24 |
4.5% MGS 2028 (II) | 134.000 | -0.74 |
5.25% MGS 2030 (I) | 146.000 | 0.00 |
4.65% MGS 2032 (I) | 144.000 | 1.05 |
3% MGS 2040 (I) | 137.000 | 0.74 |
2.4% MGS 2041 (I) | 130.000 | 0.00 |
The Prospect Bonds traded today were:
Closing Price | % Change | |
5% JD Capital plc 2028 | 98.50 | 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].