MIA, HSBC & BOV drag MSE Index further down

MSE Daily Trading Report, 04 August 2020

The MSE Equity Total Return Index registered a further 1.193% decline as it reached 7,890.887 points. Out of 10 active equities, two advanced while another four closed in the red. Trading more than tripled in value when compared to yesterday’s session as total turnover stood at €228,468. Activity was spread across 43 transactions.

Today’s top performance was recorded in the banking industry, as FIMBank plc closed 2.63% higher at $0.39. Two deals involving 15,986 shares were executed.

Meanwhile, its peers closed in the opposite direction. Bank of Valletta plc declined by 3.09% as it reached the €0.94 price level. The equity traded twice over 3,270 shares, worth €3,087.

HSBC Bank Malta plc lost 3.23% as 37,574 shares changed hands across 10 transactions. A total turnover of €33,907 was recorded.

Another large cap, Malta International Airport plc, ended the session with a negative 4.59% movement in price, as it closed at €5.20. A total turnover of €45,354 was generated as 8,600 shares were spread over four deals.

Telecommunications company, GO plc, recorded a total turnover of €37,287 as 11,251 shares change ownership across 10 transactions. The equity’s previous closing price of €3.30 was not altered.

Similarly, PG plc was active but closed flat at €1.96. A total turnover of €11,390 was generated as three deals involving 5,811 shares were executed.

International Hotel Investments plc traded three times over 8,922 shares, leaving no impact on the previous closing price of €0.53. Total turnover amounted to €4,729.

A sole deal of 60,000 Plaza Centres plc pushed the price 1.09% higher to €0.93. The equity registered the highest liquidity with a total turnover of €55,800.

In the property sector, Malta Properties Company plc headed the list of fallers with a 5.36% change in price, ending the session at €0.53. Six deals involving 50,000 shares were executed, worth €26,700.

Malita Investments plc was active but closed unchanged at €0.92. Two deals involving 5,371 shares resulted into a total turnover of €4,941.

In the Corporate Debt market, 18 issues were active, of which seven headed north while another three lost ground. The 4.5% Grand Harbour Marina plc Unsecured € 2027 headed the list of gainers as it closed 3.48% higher at €104.00. On the other hand, the 4% International Hotel Investments plc Unsecured € 2026 ended the session 3.45% lower at €98.00.

In the Sovereign Bond market, out of 13 active issues, five registered gains while another six traded lower. The 5.2% MGS 2031 (I) was the best performer with a 1.35% movement in price, reaching the €150.00 price level. Conversely, the 2.1% MGS 2039 (I) declined by 3.08%, to close at €126.00.

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

 

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV3,2703,086.5020.940-3.09
HSB37,57433,906.60100.900-3.23
GO11,25137,287.34103.3000.00
IHI8,9224,728.6630.5300.00
PZC60,00055,800.0010.9301.09
FIM15,9865,274.2120.3902.63
MIA8,60045,353.8045.200-4.59
MLT5,3714,941.3220.9200.00
MPC50,00026,700.0060.530-5.36
PG5,81111,389.5631.9600.00

The Corporate Bonds traded today were:

Closing Price% Change
5% GlobalCapital plc Unsecured € 202197.000-1.02
4.25% GAP Group plc Secured € 2023104.0002.86
5.8% International Hotel Investments plc 2023102.0000.00
6% AX Investments Plc € 2024107.0001.90
5.3% Mariner Finance plc Unsecured € 2024105.0000.00
5% Hal Mann Vella Group plc Secured € 2024106.0000.00
5.1% 6PM Holdings plc Unsecured € 2025100.0000.00
4% International Hotel Investments plc Secured € 2026100.9900.34
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 202697.9500.00
3.75% Premier Capital plc Unsecured € 2026100.000-1.53
4% International Hotel Investments plc Unsecured € 202698.000-3.45
4.35% SD Finance plc Unsecured € 2027101.0000.99
4% Eden Finance plc Unsecured € 2027100.9900.99
4.5% Grand Harbour Marina plc Unsecured € 2027104.0003.48
3.75% Bortex Group Finance plc Unsecured € 2027101.0000.50
3.85% Hili Finance Company plc Unsecured € 202897.9900.00
3.5% Bank of Valletta plc € Notes 2030 S1 T1101.0000.00
3.5% Bank of Valletta plc € Notes 2030 S2 T1101.5000.00

The Government Stocks traded today were:

Closing Price% Change
5% MGS 2021(I)105.130-0.05
4.3% MGS 2022 (II)107.750-0.03
4.5% MGS 2028 (II)133.2100.92
5.25% MGS 2030 (I)145.230-1.88
5.2% MGS 2031 (I)150.0001.35
4.65% MGS 2032 (I)147.0000.00
4.45% MGS 2032 (II)143.0000.70
4.3% MGS 2033 (I)151.0000.67
2.5% MGS 2036 (I)129.0000.00
2.1% MGS 2039 (I)126.000-3.08
3% MGS 2040 (I)138.500-1.77
2.4% MGS 2041 (I)135.000-0.37
1.50% MGS 2045 (I)112.7500.22

The Prospects MTF bonds traded today were:

Closing Price% Change
5.5% Anchovy Studios plc € Unsecured 2027100.0000.00

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].