MSE Daily Trading Report, 22 July 2020

The MSE Equity Total Return Index closed in the red for the sixth consecutive day as it reached 8,067.786, translating into a 0.077% decline. Eight equities were active, of which four headed north while another three closed in the opposite direction. A total turnover of €80,586 was generated across 23 transactions.

The highest liquidity was recorded in the banking industry, as Bank of Valletta plc generated a total turnover of €33,280. Nine deals involving 35,010 shares were executed, leaving no impact on the equity’s previous closing price of €0.95.

A sole deal of 8,050 HSBC Bank Malta plc shares dragged the price by 1.04% into the red, ending the session at €0.95. Total turnover stood at €7,648.

Meanwhile, Lombard Bank Malta plc was also active as it closed 0.98% higher over a sold deal of 1,000 shares, worth €2,060. The bank closed two cents higher at €2.06.

Today’s top performer was GlobalCapital plc with an 8.33% change in price, reaching the €0.39 price level. A total turnover of €17,562 was generated as 47,596 shares were spread across five transactions.

Similarly, Plaza Centres plc was up by 7.65% as a result of a single deal worth €3,660. The equity’s price increased to €0.915 as 4,000 shares were executed.

Telecommunications company, GO plc¸also closed in positive territory at €3.44, equivalent to a 0.58% movement in price. Two deals involving 1,000 shares resulted into a total turnover of €3,422. On the other hand, its subsidiary, BMIT Technologies plc, headed the list of fallers with a 2.06% change, ending the session at €0.476. A total of 10,200 shares changed hands over three deals, generating a total turnover of €4,855.

International Hotel Investments plc traded once over 15,000 shares, to close 0.92% lower at €0.54. The equity recorded a total turnover of €8,100.

Malta International Airport plc announced the Annual General Meeting has been postponed to November 11, 2020, for the health and safety of the company’s shareholders. Meanwhile, the board is scheduled to meet on July 29, 2020, to consider, and if deemed fit, approve the company’s interim financial statements for the first six months of the year ended June 30, 2020.

No trading activity was recorded during the session.

In the Corporate Debt market, nine issues were active, of which gainers and losers tallied to two a-piece. The 3.75% Mercury Projects Finance plc Secured € 2027 registered the best performance as it closed 0.25% higher at €101.25. Conversely, the 3.85% Hili Finance Company plc Unsecured € 2028 declined by 1.02% to €97.00.

In the Sovereign Bond market, out of 10 active issues, five advanced while another three closed in the red. The 4.5% MGS 2028 (II) headed the list of gainers as it closed 2.26% higher at €132.94. On the other hand, the 2.5% MGS 2036 (I) lost 0.78%, ending the session at €127.00.

In the Prospects MTF market, the 5.5% Anchovy Studios plc € Unsecured 2027 was active but remained unchanged at par.

 

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	35,010	33,279.56	9	0.950	0.00
HSB	8,050	7,647.50	1	0.950	-1.04
LOM	1,000	2,060.00	1	2.060	0.98
GO	1,000	3,421.84	2	3.440	0.58
IHI	15,000	8,100.00	1	0.540	-0.92
PZC	4,000	3,660.00	1	0.915	7.65
GCL	47,596	17,561.84	5	0.390	8.33
BMIT	10,200	4,855.20	3	0.476	-2.06

The Corporate Bonds traded today were:

	Closing Price	% Change
6% AX Investments Plc € 2024	104.250	0.05
5.1% 1923 Investments plc Unsecured € 2024	100.000	0.00
4.35% Hudson Malta plc Unsecured € 2026	100.000	0.00
4% International Hotel Investments plc Secured € 2026	101.500	-0.47
5% Dizz Finance plc Unsecured € 2026	99.300	0.00
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026	97.940	0.00
3.75% Premier Capital plc Unsecured € 2026	101.550	0.00
3.75% Mercury Projects Finance plc Secured € 2027	101.250	0.25
3.85% Hili Finance Company plc Unsecured € 2028	97.000	-1.02

The Government Stocks traded today were:

	Closing Price	% Change
5% MGS 2021(I)	105.230	0.00
4.8% MGS 2028 (I)	135.500	-0.37
4.5% MGS 2028 (II)	132.940	2.26
5.25% MGS 2030 (I)	146.950	-0.03
4.65% MGS 2032 (I)	144.150	0.69
4.1% MGS 2034 (I)	141.400	1.73
2.2% MGS 2035 (I)	119.500	4.33
2.5% MGS 2036 (I)	127.000	-0.78
2.1% MGS 2039 (I)	125.000	0.00
2.4% MGS 2041 (I)	135.000	0.37

The Prospects MTF Bonds traded today were:

	Closing Price	% Change
5.5% Anchovy Studios plc € Unsecured 2027	100.000	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].