BOV, SFC and GO drag MSE Index lower

MSE Daily Trading Report, 24 February, 2021

 

MSE Equity Total Return Index 7,901.534 points -0.36%
MSE Malta Government Stocks Total Return Index 1,122.515 points -0.11%
MSE Corporate Bonds Total Return Index 1,101.137 points 0.01%

 

  • The only positive performer was Loqus Holdings plc (+3.2%).
  • The worst performers were Simonds Farsons Cisk plc (-2.5%), Bank of Valletta plc (-1.1%) and GO plc (-0.6%).
  • Telecommunications company, GO plc, was the most liquid as it generated a total turnover of €44,550. A total of 13,500 shares were spread across three transactions.

 

  • The board of Loqus Holdings plc approved the half-yearly report for the six months ended December 31, 2020.
    • A profit before tax of €0.6 million was reported, versus the €23,074 recorded during the same period of 2019.
    • Meanwhile, a 42% increase in revenue was generated as it stood at €3.7 million.
    • The Group is expecting figures for the financial year July 1, 2020 to June 30, 2021 to be significantly better than the results of the prior period.
    • The increase in the second half of the current period is expected to be significantly less than the increase in the first half of this period.
    • The peak period surge, around Black tag weeks and the Christmas period, will not be present between January to June.
    • Costs related to investments in research and development and improving the product deployment and support are expected to increase too
    • Click here to download announcement.

 

The Equities traded today were:

Symbol Code Volume Traded Value Traded Trades Closing Price % Change
BOV 12,865 11,772.79 8 0.916 -1.08
SFC 1,310 10,152.70 3 7.700 -2.53
GO 13,500 44,550.00 3 3.300 -0.60
MIA 660 3,993.00 1 6.050 0.00
MDS 31,812 18,160.96 4 0.580 0.00
MTP 10,950 12,921.00 3 1.180 0.00
RS2 7,344 13,167.14 5 1.760 0.00
PG 150 300.00 1 2.000 0.00
LQS 10,000 980.00 1 0.098 3.16


The Corporate bonds traded today were:

  Closing Price % Change
5.8% International Hotel Investments plc 2021 100.990 2.00
3.65% GAP Group plc Secured € 2022 102.000 0.00
6% Medserv plc Sec. & Grntd €  Notes 2020-2023 S1 T1 101.000 1.00
6% AX Investments Plc € 2024 105.000 0.86
4.4% Von der Heyden Group Finance plc Unsecured € 2024 100.900 -0.37
6% International Hotel Investments plc € 2024 102.000 0.00
5.1% 1923 Investments plc Unsecured € 2024 101.400 -0.05
4.5% Hili Properties plc Unsecured € 2025 102.000 -0.49
3.7% GAP Group plc Secured € 2023-2025 Series 1 102.000 0.00
4.5% Medserv plc Unsecured € 2026 94.890 -0.01
5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 100.000 0.00
4% International Hotel Investments plc Secured € 2026 103.000 0.88
5% Dizz Finance plc Unsecured € 2026 100.000 0.00
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026 100.500 0.00
3.25% AX Group plc Unsec Bds 2026 Series I 100.750 -0.49
4% International Hotel Investments plc Unsecured € 2026 100.930 0.93
4% Stivala Group Finance plc Secured € 2027 103.250 0.24
3.85% Hili Finance Company plc Unsecured € 2028 99.010 -1.47
3.65% Stivala Group Finance plc Secured € 2029 102.000 -0.73
3.8% Hili Finance Company plc Unsecured € 2029 99.400 0.40
3.5% Bank of Valletta plc € Notes 2030 S1 T1 101.010 0.01
3.5% Bank of Valletta plc € Notes 2030 S2 T1 102.000 0.00
4% Cablenet Communication Systems plc Unsecured € 2030 103.750 1.61
4.25% Mercury Projects Finance plc Secured € 2031 101.000 0.00

 

The Government Stocks traded today were:

  Closing Price % Change
5.25% MGS 2030 (I) 144.470 -0.08
5.2% MGS 2031 (I) 147.750 -0.11
4.45% MGS 2032 (II) 142.750 0.00
4.1% MGS 2034 (I) 143.000 0.00
2.5% MGS 2036 (I) 128.000 0.39
2.1% MGS 2039 (I) 126.500 0.00
3% MGS 2040 (I) 136.000 -2.86
2.4% MGS 2041 (I) 129.000 0.39

 

The Prospects MTF bonds traded today were:

  Closing Price % Change
5% Luxury Living Finance plc € Secured Bonds 2028 99.000 -1.00

 

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].,