MSE Index gains ground

MSE Daily Trading Report, 14 July 2020

The MSE Equity Total Return Index  managed to recoup as it reached 8,184.893 points, translating into a positive 0.558% change. Six equities were active, of which three registered gains while the remaining closed unchanged. A total turnover of €72,642 was generated across 14 transactions.

Bank of Valletta plc traded twice over 3,000 shares, worth €3,000. The equity’s price was up by 2.04%, reaching the €1.00 price level.

Telecommunications company, GO plc, headed the list of gainers as it recorded a 3.03% movement in price, ending the session at €3.40. Five deals involving 7,300 shares were executed, generating a total turnover of €24,850.

The highest liquidity was registered by Simonds Farsosn Cisk plc with a total turnover of €31,776. A total of 3,972 shares were spread across two transactions, leaving no impact on the previous closing price of €8.00.

International Hotel Investments plc ended the session unchanged at €0.57. A single transactions of 1,000 shares generated a slim turnover.

In the property sector, two equities were active. A sole deal of 1,100 Malta Properties Company plc shares pushed the price 0.9% higher to €0.56. Meanwhile, Malita Investments plc was active but closed unchanged at €0.91. Three deals involving 13,000 shares were executed, worth €11,830.

In the Corporate Debt market, nine issues were active, of which two headed north while another three closed in the opposite direction. Both the 4% MIDI plc Secured € 2026 and the 3.9% Plaza Centres plc Unsecured € 2026 closed 0.5% higher at €101.00 and €100.50, respectively. Conversely, the 4.25% Best Deal Properties Holding plc Secured € 2024 closed 1.96% lower, reaching its par value.

In the Sovereign Bond market, out of eight active issues, five advanced while another two traded lower. The 2.4% MGS 2041 (I) registered the best performance with a 3.85% movement in price, to close at €135.00. On the other hand, the 4.8% MGS 2028 (I) lost 1.08%, ending the session at €134.53.

In the Prospects MTF market, the 5% Luxury Living Finance plc € Secured Bonds 2028 was active as it traded 0.01% lower at €99.98.


The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change

The Corporate Bonds traded today were:

 Closing Price% Change
6% International Hotel Investments plc € 2024102.1000.00
5.1% 1923 Investments plc Unsecured € 2024100.0000.00
4.25% Best Deal Properties Holding plc Secured € 2024100.000-1.96
4.25% Corinthia Finance plc Unsecured € 2026100.0000.00
4% MIDI plc Secured € 2026101.0000.50
3.9% Plaza Centres plc Unsecured € 2026100.5000.50
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 202697.9400.00
4% Eden Finance plc Unsecured € 2027100.000-1.48
4% MeDirect Bank (Malta) plc Sub Unsecured € 2024-2029101.500-0.49

The Government Stocks traded today were:

 Closing Price% Change
4.3% MGS 2022 (II)107.810-0.01
5.5% MGS 2023 (I)116.0300.01
4.8% MGS 2028 (I)134.530-1.08
4.1% MGS 2034 (I)140.3100.22
2.5% MGS 2036 (I)119.2000.03
2.1% MGS 2039 (I)125.0000.00
3% MGS 2040 (I)143.0001.06
2.4% MGS 2041 (I)135.0003.85

The Prospects MTF Bonds traded today were:

 Closing Price% Change
5% Luxury Living Finance plc € Secured Bonds 202899.980-0.01

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].