RS2 pushes MSE Index further up

MSE Daily Trading Report, 11 November, 2020

 

MSE Equity Total Return Index 7,492.457 points 0.35%
MSE Malta Government Stocks Total Return Index 1,129.490 points -0.18%
MSE Corporate Bonds Total Return Index 1,081.878 points -0.10%

 

  • The only positive performer was RS2 Software plc (+3.9%)
  • The only negative performer was Tigne’ Mall plc (-5.7%)
  • The most liquid equity was once again Malta International Airport plc as total turnover amounted to €58,989. Nine deals involving 10,907 shares were executed, leaving no impact on the previous closing price of €5.40 – despite reaching €5.50 during the session.

 

  • Malta International Airport plc announced its October traffic results and financial results from January to September 2020.
    • The airport welcomed 110,346 passengers in October, bringing year-to-date traffic up to 1,661,700 passenger movements. This translates into a drop of 73.8% when compared to the same October of 2019.
    • Total revenue generated between January and September 2020 amounted to €24.9 million, translating into a drop of 67.7% over the same comparable period in 2019.
    • A significant decrease in both its staff costs and operating costs during the period under review was recorded in the statement of comprehensive income. This was the result of the cost-cutting and liquidity preservation programme, which was implemented by the company in April 2020.
    • Click here to download announcement.
  • Today, the MIA also held its 28th Annual General Meeting.
    • The financial statements for the financial year ended December 31, 2019, and the directors’ and auditors’ report thereon as set out in the annual report were approved.
    • A final gross dividend of €0.046 per share (net €0.03) which represents a payment of €4,059,000 was also approved.
    • Click here to download announcement.
  • Lombard Bank Malta plc announced the resolutions to be presented for consideration at the Annual General Meeting to be held on December 2, 2020.
    • One resolution is to receive and approve the audited financial statements for the financial year ended December 31, 2019, and the directors’ and auditors’ reports thereon.
    • Click here to download announcement.

 

The Equities traded today were:

Symbol Code Volume Traded Value Traded Trades Closing Price % Change
BOV 870 809.10 1 0.930 0.00
GO 18,900 56,700.00 7 3.000 0.00
MIA 10,907 58,988.50 9 5.400 0.00
RS2 7,700 16,176.06 4 2.160 3.85
TML 21,000 15,750.00 3 0.750 -5.66
MPC 20,000 10,200.00 2 0.510 0.00


The Corporate bonds traded today were:

Closing Price % Change
5.5% Mediterranean Investments Holding plc Unsecured € 2023 100.000 0.00
6% International Hotel Investments plc € 2024 101.600 0.59
4% International Hotel Investments plc Secured € 2026 101.000 0.01
3.75% Mercury Projects Finance plc Secured € 2027 99.990 -0.01
4.35% SD Finance plc Unsecured € 2027 98.990 0.04
4% Eden Finance plc Unsecured € 2027 98.000 -1.98
3.75% Tumas Investments plc Unsecured € 2027 100.010 0.00
4% Stivala Group Finance plc Secured € 2027 101.000 0.00
3.75% Virtu Finance plc Unsecured € 2027 104.250 1.02
3.75% TUM Finance plc Secured € 2029 100.000 -0.01
3.65% Stivala Group Finance plc Secured € 2029 100.500 0.00
3.75% Bank of Valletta plc Unsecured Sub € 2026-2031 101.100 0.10


The Government Stocks traded today were
:

Closing Price % Change
4.5% MGS 2028 (II) 133.890 -0.08
3% MGS 2040 (I) 141.000 -2.76

 

The Prospects MTF bonds traded today were:

Closing Price % Change
5% The Convenience Shop Holding plc Unsec Call € 2026-2029 101.000 0.00
5.5% Testa Finance plc € Bonds 2029 98.700 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]
.