All indices lose ground
MSE Daily Trading Report, 12 March, 2021
| MSE Equity Total Return Index | 7,844.819 points | -0.35% |
|---|---|---|
| MSE Malta Government Stocks Total Return Index | 1,124.365 points | -0.05% |
| MSE Corporate Bonds Total Return Index | 1,1098.993 points | -0.36% |
- The only positive performer was GO plc (+2.9%)
- The worst performers were MaltaPost plc (-5.7%), Malta International Airport plc (-2.5%) and RS2 Software plc (-1.7%).
- The most liquid equity was GO plc as it generated a total turnover of €204,954. A total of 54,489 shares were spread across 20 transactions.
- Tigne’ Mall plc announced that in view of the current Covid-19 restrictions, the majority of tenancies at the shopping mall shall be closed for one month, until April 11 ,2021.
- This closure is yet again, expected to have a negative impact on revenue.
- Click here to download announcement.
- GO plc approved the annual report and consolidated financial statements for the financial year ended December 31, 2020.
- During 2020, GO generated close to €185.2 million in revenue versus €177.8 million recorded in the previous year, translating into a 4.2% increase over 2019.
- A profit before tax of €20.9 million was recorded, which is equivalent to a 0.8% decline when compared to the previous year’s figure.
- The board resolved to recommend the approval of payment of a final dividend of €0.16 net of tax per share during the Annual General Meeting, to be held on May 27, 2021.
- Click here to download announcement.
- Malita Investments plc approved the financial statements for the period ended December 31, 2020 and resolved that they be submitted for approval of the shareholders at the forthcoming Annual General Meeting, to be held on May 11, 2021.
- Revenue increased by 5.4% to €8.5 million when compared to the same figure of the previous year.
- A 72% drop in profit before tax was recorded as it amounted to €11.5 million – equivalent to a €29.8 million decline.
- The directors resolved to recommend to the AGM the approval of a final net dividend of €3,369,458 or €0.0228 per share.
- Click here to download announcement.
- Plaza Centres plc announced that due to the restrictions imposed, the majority of shops are now closed.
- The Food Hall and other food outlets are open for takeaways and deliveries.
- This new closure is expected to have a negative impact on the company’s revenue generation.
- Click here to download announcement.
The Equities traded today were:
| Symbol Code | Volume Traded | Value Traded | Trades | Closing Price | % Change |
| BOV | 65,387 | 58,965.86 | 11 | 0.910 | 0.00 |
|---|---|---|---|---|---|
| HSB | 2,430 | 2,019.78 | 2 | 0.840 | 0.00 |
| SFC | 1,900 | 15,010.00 | 1 | 7.900 | -1.25 |
| GO | 58,489 | 204,924.14 | 20 | 3.500 | 2.94 |
| MIA | 20,280 | 117,291.90 | 14 | 5.750 | -2.54 |
| MTP | 2,972 | 3,417.80 | 3 | 1.150 | -5.74 |
| RS2 | 26,535 | 47,201.68 | 7 | 1.770 | -1.67 |
| MPC | 226 | 118.65 | 1 | 0.525 | 0.00 |
| BMIT | 26,593 | 14,094.29 | 6 | 0.530 | 0.00 |
The Corporate bonds traded today were:
| Closing Price | % Change | |
| 6% Pendergardens Developments plc Secured € 2022 Series II | 101.000 | 0.00 |
|---|---|---|
| 6% Medserv plc Sec. & Grntd € Notes 2020-2023 S1 T1 | 95.000 | -1.57 |
| 5.8% International Hotel Investments plc 2023 | 100.980 | 0.00 |
| 6% AX Investments Plc € 2024 | 105.000 | -0.01 |
| 4.5% Hili Properties plc Unsecured € 2025 | 102.610 | 0.01 |
| 5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 | 99.000 | -1.44 |
| 4% International Hotel Investments plc Secured € 2026 | 101.500 | 0.00 |
| 4% Merkanti Holding plc Secured € 2026 | 101.000 | -0.49 |
| 5% Dizz Finance plc Unsecured € 2026 | 100.000 | 0.00 |
| 3.25% AX Group plc Unsec Bds 2026 Series I | 101.990 | 0.00 |
| 4.35% SD Finance plc Unsecured € 2027 | 100.000 | -1.48 |
| 4% Eden Finance plc Unsecured € 2027 | 100.010 | -1.95 |
| 3.75% Bortex Group Finance plc Unsecured € 2027 | 101.200 | 0.93 |
| 3.85% Hili Finance Company plc Unsecured € 2028 | 99.990 | -0.95 |
| 4.5% Endo Finance plc € Unsecured Bonds 2029 | 99.000 | 0.00 |
| 3.75% TUM Finance plc Secured € 2029 | 101.000 | 0.99 |
| 3.8% Hili Finance Company plc Unsecured € 2029 | 99.940 | 0.00 |
| 3.5% Bank of Valletta plc € Notes 2030 S2 T1 | 101.510 | 0.01 |
| 4% Cablenet Communication Systems plc Unsecured € 2030 | 104.000 | 0.00 |
| 4.25% Mercury Projects Finance plc Secured € 2031 | 102.500 | 2.49 |
| 4.5% Shoreline Mall plc Secured € 2032 | 101.000 | 1.00 |
The Government Stocks traded today were:
| Closing Price | % Change | |
| 5.1% MGS 2022(I) | 107.850 | 0.00 |
|---|---|---|
| 4.8% MGS 2028 (I) | 135.390 | 0.29 |
| 4.5% MGS 2028 (II) | 133.560 | -1.07 |
| 5.25% MGS 2030 (I) | 145.450 | -0.44 |
| 5.2% MGS 2031 (I) | 148.940 | 0.42 |
| 4.65% MGS 2032 (I) | 145.630 | 0.45 |
| 4.45% MGS 2032 (II) | 143.680 | 0.48 |
| 4.3% MGS 2033 (I) | 143.990 | 0.47 |
| 4.1% MGS 2034 (I) | 143.660 | 0.46 |
| 2.5% MGS 2036 (I) | 124.000 | -0.27 |
| 2.1% MGS 2039 (I) | 125.000 | 0.00 |
| 3% MGS 2040 (I) | 135.000 | 0.00 |
The Prospects MTF bonds traded today were:
| Closing Price | % Change | |
| 5% The Convenience Shop Holding plc Unsec Call € 2026-2029 | 102.000 | 0.00 |
|---|---|---|
| 5.5% IG Finance plc € Unsecured 2024-2027 | 100.500 | 2.03 |
| 5% JD Capital plc Unsecured € Bonds 2028 | 99.000 | 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].,