MSE Index declines on large caps

MSE Daily Trading Report, 12 October, 2020

 

MSE Equity Total Return Index7,111.426 points-0.41%
MSE Malta Government Stocks Total Return Index1,136.424 points-0.32%
MSE Corporate Bonds Total Return Index1,076.070  points0.27%

 

  • The best performers were Medserv plc (+12.5%) and Malta Properties Company plc (+3.24%).
  • The worst performers were RS2 Software plc (-2.73%), BMIT Technologies plc (-2.17%) and HSBC Bank Malta plc (-0.67%).
  • The most liquid equity was Bank of Valletta plc 140,667 shares were spread across 23 transactions, worth €119,630.

 

  • Last Friday, Trident Estates plc announced that it held its 20th Annual General Meeting remotely on October 9,2020.
    • The income statement and statement of financial position for the year ended January 31, 2020, and the reports of the directors and the auditors were approved.
    • Click here to download announcement.
  • Earlier today, GlobalCapital plc announced that the Annual General Meeting was held on Friday 9, 2020.
    • The company’s annual accounts and the reports of the directors and auditors of the financial year ended December 31, 2019, were approved.
    • The directors expressed satisfaction that the shareholders have approved the resolution proposing the Class 2 transaction. This relates to the company’s consideration for disposal of at least 25% and up to 45% of the Company’s shares in GlobalCapital Life Insurance Limited (“GCLI”) through
      1. the listing of the shares of GCLI (“IPO”) and
      2. an offer to the Company’s shareholders to exchange all of their shares in the Company for shares in GCLI.
    • In view of its intention to issue a New Bond, the Company aims to use the net proceeds from the New Bond to redeem the €10,000,000 5% GlobalCapital plc. Unsecured Bonds 2021.
    • Click here to download announcement.

 

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV140,667119,630.08230.850-0.47
HSB38,90129,144.5070.740-0.67
SFC4413,175.2027.2000.00
GO11,00033,000.0033.0000.00
MIA11,48451,751.64184.500-0.44
MDS1,450783.0010.54012.50
RS27,27215,698.4022.140-2.73
MPC10,0314,919.8160.5103.24
BMIT53,64524,140.2540.450-2.17

 

The Corporate bonds traded today were:

Closing Price% Change
6% Pendergardens Developments plc Secured € 2022 Series II105.0000.01
6% Medserv plc Sec. & Grntd €  Notes 2020-2023 S1 T198.5000.00
6% AX Investments Plc € 2024104.3400.00
4.4% Von der Heyden Group Finance plc Unsecured € 2024101.5001.25
6% International Hotel Investments plc € 2024101.9401.94
5.1% 1923 Investments plc Unsecured € 2024101.0000.01
5.75% International Hotel Investments plc Unsecured € 2025100.1500.00
5.1% 6PM Holdings plc Unsecured € 2025101.1500.15
4.25% Corinthia Finance plc Unsecured € 2026100.0000.00
5% Dizz Finance plc Unsecured € 202699.0000.10
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 202699.5001.02
3.25% AX Group plc Unsec Bds 2026 Series I100.5000.00
4% International Hotel Investments plc Unsecured € 202698.7000.00
4.35% SD Finance plc Unsecured € 202798.9000.00
4% Eden Finance plc Unsecured € 202799.9400.95
3.75% Tumas Investments plc Unsecured € 2027101.430-0.06
3.85% Hili Finance Company plc Unsecured € 202897.0200.01
4.15% Phoenicia Finance Company plc Unsecured € 2023-202894.000-4.08
4% SP Finance plc Secured EUR Bonds 2029102.0000.99
3.5% Bank of Valletta plc € Notes 2030 S2 T199.990-0.01
4.5% Shoreline Mall plc Secured € 2032100.9900.99


The Government Stocks traded today were
:

Closing Price% Change
5.1% MGS 2022(I)109.8800.02
5.5% MGS 2023 (I)115.5700.50
4.8% MGS 2028 (I)136.2000.05
2.3% MGS 2029 (II)121.000-6.20
5.25% MGS 2030 (I)146.3300.09
4.45% MGS 2032 (II)146.0001.29
4.3% MGS 2033 (I)144.390-1.10
4.1% MGS 2034 (I)146.0000.00
2.5% MGS 2036 (I)135.5000.00
2.1% MGS 2039 (I)131.0000.00
3% MGS 2040 (I)142.500-2.40
2.4% MGS 2041 (I)140.0001.82

 

The Prospects MTF bonds traded today were:

Closing Price% Change
5% Smartcare Finance plc Secured € 2029100.5000.35


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]
.