Large caps close in opposite directions

MSE Daily Trading Report, 26 February, 2021

 

MSE Equity Total Return Index7,860.835 points-0.18%
MSE Malta Government Stocks Total Return Index1,124.676 points0.27%
MSE Corporate Bonds Total Return Index1,101.863 points-0.14%

 

  • The best performers were BMIT Technologies plc (+2.1%), GO plc (+1.3%) and Malta Properties Company plc (+0.9%).
  • The worst performers were Loqus Holdings plc (-49%), International Hotel Investments plc (-3.3%) and MaltaPost plc (-1.7%).
  • RS2 Software plc was the most liquid as it generated a total turnover of €68,985. Eight deals involving 38,163 shares were executed.

 

  • Malta Properties Company plc (MPC) approved the annual report and consolidated financial statements for the year ended December 31, 2020. These shall be submitted for approval of the shareholders at the forthcoming Annual General Meeting to be held on July 15, 2021.
    • During 2020, MPC saw a growth in revenue to €3.4 million versus the €3.43 million recorded in 2019.
    • An increase of €0.71 million was registered for profit before tax as it amounted to €4.33 million in 2020.
    • The board resolved to recommend that the AGM approves the payment of a final dividend of €0.012 net of taxation per share. The payment of this net dividend amounts to the sum of €1,215,726. The final dividend will be paid on July 21, 2021, to all shareholders on the register as at close of business June 16, 2021.
    • Click here to download announcement.
  • International Hotel Investments plc (IHI) announced that, acting through its fully owned subsidiary CMSS, it has completed the acquisition of the remaining 50% in the issued share capital of Golden Sands Resort Limited, pursuant to the acquisition of Bezemer Limited, a third-party foreign-owned company incorporated in the British Virgin Islands.
    • The current global pandemic has caused significant challenges to companies worldwide, which resulted in an opportunity for IHI to acquire the remaining 50% shares, in consequence of which IHI now holds the entire share capital of the company, thus securing the hotel’s long-term future.
    • . In consequence, IHI now owns hundred percent of Golden Sands Resort’s equity. The total consideration payable for the acquisition of the shares and other shareholder’s receivables, was €13 million.
    • Click here to download announcement.
  • HSBC Bank Malta plc announced that the forthcoming Annual General Meeting will be held on April 22, 2021.
    • Click here to download announcement.

 

The Equities traded today were:

Symbol CodeVolume TradedValue TradedTradesClosing Price% Change
BOV36,00132,770.98110.9020.22
HSB18,47115,885.0610.860-1.15
MMS1,9484,363.5222.2400.00
GO5,23416,958.1613.2401.25
IHI3,5002,084.5620.600-3.23
MIA9985,988.0046.0000.84
MTP7,8209,071.2021.160-1.69
RS238,16368,984.7081.800-0.55
MPC1,500810.0010.5400.93
BMIT25,69212,332.1640.4802.13
LQS1,00050.0010.050-48.98


The Corporate bonds traded today were:

Closing Price% Change
3.65% GAP Group plc Secured € 2022102.0000.00
6% Pendergardens Developments plc Secured € 2022 Series II102.000-0.49
4.25% GAP Group plc Secured € 2023100.010-2.90
4.4% Von der Heyden Group Finance plc Unsecured € 2024100.000-0.89
5% Hal Mann Vella Group plc Secured € 2024104.750-1.64
5.1% 1923 Investments plc Unsecured € 2024101.4500.00
5.75% International Hotel Investments plc Unsecured € 2025102.5000.00
5.1% 6PM Holdings plc Unsecured € 2025101.5000.00
4.25% Corinthia Finance plc Unsecured € 2026100.0000.00
4% MIDI plc Secured € 2026102.000-1.92
4% International Hotel Investments plc Secured € 2026102.100-0.87
4% Merkanti Holding plc Secured € 2026101.9900.00
5% Dizz Finance plc Unsecured € 202699.000-1.00
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026100.5001.01
3.75% Premier Capital plc Unsecured € 2026102.750-0.24
4% International Hotel Investments plc Unsecured € 2026100.000-0.89
4.35% SD Finance plc Unsecured € 2027101.5000.00
4% Eden Finance plc Unsecured € 2027100.000-0.07
5% MeDirect Bank Plc Subordinated Unsecured € 2022-2027100.0000.00
4% Stivala Group Finance plc Secured € 2027103.000-0.10
3.85% Hili Finance Company plc Unsecured € 2028100.0001.00
4% Exalco Finance plc Secured € 2028101.5100.01
4% SP Finance plc Secured EUR Bonds 2029100.9900.01
3.65% Stivala Group Finance plc Secured € 2029102.0000.00
3.8% Hili Finance Company plc Unsecured € 2029100.0000.60
4% Cablenet Communication Systems plc Unsecured € 2030104.0000.19
4.5% Shoreline Mall plc Secured € 2032100.0000.00

 

The Government Stocks traded today were:

Closing Price% Change
5% MGS 2021(I)102.360-0.04
4.3% MGS 2022 (II)105.600-0.04
5.1% MGS 2022(I)107.950-0.06
5.5% MGS 2023 (I)113.660-0.30
4.5% MGS 2028 (II)132.930-0.14
5.25% MGS 2030 (I)145.7000.85
1.00% MGS 2031 (II)105.920-0.87
5.2% MGS 2031 (I)147.8000.03
4.3% MGS 2033 (I)144.5000.35
4.1% MGS 2034 (I)144.0000.19
2.2% MGS 2035 (I)120.010-3.99
2.5% MGS 2036 (I)128.0000.39
2.1% MGS 2039 (I)126.5000.80
3% MGS 2040 (I)136.0000.00
2.4% MGS 2041 (I)129.0000.78

 

The Prospects MTF bonds traded today were:

No trades recorded.

 

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],