MIA and IHI gain on increased activity

MSE Daily Trading Report, 30 November, 2020

 

MSE Equity Total Return Index 7,602.406 points 1.357%
MSE Malta Government Stocks Total Return Index 1,134.785 points 0.001%
MSE Corporate Bonds Total Return Index 1,089.797 points -0.002%

 

  • The best performers were International Hotel Investments plc (+9.7%), Medserv plc (+5.8%) and MaltaPost plc (+4.8%).
  • The only negative performer was Malta Properties Company plc (-4.5%).
  • Malta International Airport plc was the most liquid as it generated a total turnover of €56,618. This was the result of 20 deals involving 9,761 shares.

 

  • Yesterday, Medserv plc announced its interim report.
    • Revenue and earnings before interest, tax, depreciation and amortisation (EBITDA) were significantly lower than that reported for the same period last year.
    • The company projected offshore drilling to resume in the second quarter of 2021, paving the way for the Company to return to pre-COVID-19 trading levels. This is substantiated by the strong business pipeline resulting from the existing and recently announced long-term contracts and is expected to materialise into further active projects.
    • Click here to download announcement.
  • The directors of PG plc annnounced that they shall be meeting on December 14, 2020, to consider, and if deemed fit, approve the interim unaudited financial statements for the the six-month financial period covering May 1, 2020 to October 31, 2020.
    • Click here to download announcement.
  • Last Friday, HSBC Bank Malta plc held its Annual General Meeting.
    • The audited accounts for the year ended December 31, 2019 and the reports of the directors and auditors thereon were received and approved.
    • Click here to download announcement.

 

The Equities traded today were:

Symbol Code Volume Traded Value Traded Trades Closing Price % Change
BOV 36,362 34,287.42 11 0.940 1.08
HSB 17,520 14,016.85 4 0.800 0.00
IHI 80,480 47,145.67 9 0.625 9.65
MIA 9,761 56,618.05 20 5.850 1.74
MDS 8,600 4,474.00 2 0.545 5.83
MTP 442 486.20 1 1.100 4.76
MDI 6,300 2,268.00 1 0.360 0.00
TML 4,500 3,375.00 1 0.750 0.00
MPC 1,000 505.52 2 0.492 -4.47
PG 20,400 38,760.00 8 1.900 0.53

 

The Corporate bonds traded today were:

Closing Price % Change
5.8% International Hotel Investments plc 2021 100.000 0.50
3.65% GAP Group plc Secured € 2022 102.000 0.00
5% Mediterranean Investments Holding plc Unsecured € 2022 95.000 -4.04
4.4% Von der Heyden Group Finance plc Unsecured € 2024 100.000 0.00
5.1% 1923 Investments plc Unsecured € 2024 100.200 0.00
4.5% Hili Properties plc Unsecured € 2025 100.980 0.48
5.25% Central Business Centres plc Unsecured € 2025 S2T1 101.750 1.74
4.25% Corinthia Finance plc Unsecured € 2026 100.000 0.00
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 98.000 0.00
4% MIDI plc Secured € 2026 101.500 -0.49
4% International Hotel Investments plc Secured € 2026 100.300 0.10
4% Merkanti Holding plc Secured € 2026 101.900 0.84
4% International Hotel Investments plc Unsecured € 2026 95.500 -3.42
4.35% SD Finance plc Unsecured € 2027 98.990 0.00
4.5% Grand Harbour Marina plc Unsecured € 2027 101.400 0.40
4% Stivala Group Finance plc Secured € 2027 100.020 0.01
3.75% Virtu Finance plc Unsecured € 2027 103.000 -0.10
4% Exalco Finance plc Secured € 2028 101.500 0.00
4.15% Phoenicia Finance Company plc Unsecured € 2023-2028 94.000 0.00
4% Cablenet Communication Systems plc Unsecured € 2030 102.810 -1.13
4.25% Mercury Projects Finance plc Secured € 2031 101.500 -0.48


The Government Stocks traded today were
:

Closing Price % Change
2.5% MGS 2036 (I) 130.500 1.16
2.1% MGS 2039 (I) 128.000 0.79
3% MGS 2040 (I) 142.000 -2.07

 

The Prospects MTF bonds traded today were:

Closing Price % Change
5.5% Testa Finance plc € Bonds 2029 98.710 0.01%
4.75% KA Finance plc Secured Callable Bonds 2026-2029 99.500 -0.50%


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]
.