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].