MSE Daily Trading Report, 15 July 2020

The MSE Equity Total Return Index returned to negative territory as it closed 0.411% lower at 8,151.226 points. Eight equities were active, of which two headed north while another five closed in the opposite direction. A total turnover of €284,320 was generated across 37 transactions.

Telecommunications company, GO plc, registered a positive 0.59% change in price as it reached the €3.42 price level. A total of 2,140 shares were spread over 10 deals, generating a total turnover of €7,286.

Its subsidiary, BMIT Technologies plc was the most liquid with a total turnover of €217,171. This was the result of a sole deal of 448,700 shares. The equity’s price declined by 0.41%, ending the session at €0.484.

Malta International Airport plc reached €5.65 during the session but did not manage to sustain the gain as it closed unchanged at €5.60. Nine deals involving 4,761 shares generated a total turnover of €26,742.

Eight deals involving 25,089 International Hotel Investments plc shares dragged the price by 1.75% into the red. The equity recorded a total turnover of €13,807 as the price declined to €0.560.

In the banking industry, Bank of Valletta plc was the only active equity. A single transaction of 6,000 shares resulted into a 2% fall in price, to close at €0.98. Total turnover stood at €5,880.

Retail conglomerate, PG plc, lost 0.51% over one deal of 840 shares. The equity closed at €1.95 and a total turnover of €1,638 was recorded.

In the property sector, Malta Properties Company plc headed the list of gainers as it was up by 3.57 % to €0.58. A total of 20,010 shares changed hands over five deals, worth €11,150.

On the other hand, MIDI plc ended the session on a negative note at €0.38, translating into a 1.55% movement in price. Two deals involving 1,700 shares were executed.

Mapfre Middlesea plc announced that the board considered and approved the unaudited financial statements for the financial half year ended June 30, 2020. The group registered a profit before tax of €10.71 million, of which €4.86 million were attributable to shareholders. This results into an 8.93% increase when compared to the previous year’s figure. Similarly, earnings per share attributable to owners of the company increased from 4c7 in June 2019 to 5c3 in June 2020.

Total assets reduced by 2.4% and totalled €2.55 billion as at June 30, 2020, versus the total assets of €2.62 billion as at December 31, 2019. Meanwhile, total equity of the group attributable to shareholders amounted to €92.81 million as at June 30, 2020. This was up from €89.51 million as at December 31, 2019. The net asset value per share stands at €1.01 as at June 2020.

In the Corporate Debt market, 18 issues were active, of which six advanced while another seven closed in the red. The 5% Dizz Finance plc Unsecured € 2026 registered the best performance as it closed 1.72% higher at €99.30. On the other hand, the 3.25% AX Group plc Unsec Bds 2026 Series I declined by 1.96%  to its par value.

In the Sovereign Bond market, out of 10 active issues, six registered gains while the 4.5% MGS 2028 (II) closed 1% lower at €132.66. The top performer was the 2.5% MGS 2036 (I) as it closed 6.96% higher at €127.50.

In the Prospects MTF market, no trades were recorded during the session.

 

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	6,000	5,880.00	1	0.980	-2.00
GO	2,140	7,285.60	10	3.420	0.59
IHI	25,089	13,807.29	8	0.560	-1.75
MIA	4,761	26,741.85	9	5.600	0.00
MDI	1,700	646.00	2	0.380	-1.55
MPC	20,010	11,150.28	5	0.580	3.57
PG	840	1,638.00	1	1.950	-0.51
BMIT	448,700	217,170.80	1	0.484	-0.41

The Corporate Bonds traded today were:

	Closing Price	% Change
5.3% United Finance Plc Unsecured € Bonds 2023	100.000	0.00
4.4% Von der Heyden Group Finance plc Unsecured € 2024	101.500	-0.44
5.1% 1923 Investments plc Unsecured € 2024	100.000	0.00
4.35% Hudson Malta plc Unsecured € 2026	100.000	-0.10
4.25% Corinthia Finance plc Unsecured € 2026	100.500	0.50
4% MIDI plc Secured € 2026	100.010	-0.98
4% International Hotel Investments plc Secured € 2026	100.110	0.11
4% Merkanti Holding plc Secured € 2026	100.310	0.01
5% Dizz Finance plc Unsecured € 2026	99.300	1.72
3.75% Premier Capital plc Unsecured € 2026	101.490	1.24
3.25% AX Group plc Unsec Bds 2026 Series I	100.000	-1.96
4.35% SD Finance plc Unsecured € 2027	100.010	-1.95
4% Eden Finance plc Unsecured € 2027	100.000	0.00
3.85% Hili Finance Company plc Unsecured € 2028	98.900	0.41
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028	98.990	0.00
3.75% TUM Finance plc Secured € 2029	101.000	0.00
3.65% Stivala Group Finance plc Secured € 2029	101.750	-0.24
3.5% Bank of Valletta plc € Notes 2030 S2 T1	100.000	-1.48

The Government Stocks traded today were:

	Closing Price	% Change
5.5% MGS 2023 (I)	116.030	0.00
4.5% MGS 2028 (II)	132.660	-1.00
2.3% MGS 2029 (II)	117.000	1.54
5.1% MGS 2029 (I)	140.600	0.55
5.25% MGS 2030 (I)	146.000	0.00
4.45% MGS 2032 (II)	144.000	2.04
2.5% MGS 2036 (I)	127.500	6.96
2.1% MGS 2039 (I)	126.000	0.80
3% MGS 2040 (I)	145.000	1.40
2.4% MGS 2041 (I)	135.000	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].