MSE Daily Trading Report, 25 March, 2021

 

MSE Equity Total Return Index	7,802.121 points	0.59%
MSE Malta Government Stocks Total Return Index	1,124.995 points	-0.08%
MSE Corporate Bonds Total Return Index	1,097.951 points	0.23%

 

• The best performers were Mapfre Middlesea plc (+11.2%) and Simonds Farsons Cisk plc (+1.9%).
• The worst performers were BMIT Technologies plc (-1.9%) and RS2 Software plc (-0.6%).
• HSBC Bank Malta plc was the most liquid as it generated a total turnover of €31,238. Four deals involving 39,047 shares were executed.

 

• Bank of Valletta plc announced that it has approved a €20 million capital injection in favour of its associate company MAPFRE MSV Life plc (MMSV) to acquire shares in MMSV, as part of the recapitalization exercise of the latter company.
  • The Bank is supportive of its associate company which has been profitable over the years and does not wish to dilute its shareholding and influence in MMSV. Shareholding in MMSV is held jointly between BOV (50%) and MAPFRE Middlesea p.l.c. (50%). MMSV’s other shareholder, Mapfre Middlesea plc, will be making a similar €20 million capital injection into MMSV.
  • Click here to download announcement.

• Mapfre Middlesea plc approved the audited financial statements for the financial year ended December 31, 2020. These shall be submitted for approval of the shareholders at the forthcoming Annual General Meeting scheduled for April 30, 2021.
  •  The company registered a turnover of €75.12 million in gross premium written, a 1% increase when compared to the previous financial year.
  • A profit before tax of €6.39 million was registered in 2020, compared to a profit of €23.82 million in 2019.
  • The board recommends for the approval of the AGM, the payment of a final net dividend of €3.2 million, equivalent to a gross dividend of €0.052434 per share. The final dividend, if approved at the AGM, will be paid on May 25, 2021, to all shareholders listed in the register as at closed of business May 12, 2021.
  • Click here to download announcement.

• MIDI plc announced that the board is scheduled to meet on April 23, 2021.
  • The audited financial statements for the year ended December 31, 2020, will be considered and approved.
  • The board shall also consider the declaration of dividend, if any, to be recommended to the Annual General Meeting of shareholders.
  • Click here to download announcement.

 

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
HSB	39,047	31,237.60	4	0.800	0.00
MMS	1,850	3,992.82	5	2.380	11.21
SFC	762	6,096.00	3	8.000	1.91
MIA	2,000	11,625.00	4	5.850	0.00
RS2	500	895.00	1	1.790	-0.56
BMIT	7,150	3,718.00	1	0.520	-1.89

The Corporate bonds traded today were:

	Closing Price	% Change
5.8% International Hotel Investments plc 2021	99.990	1.00
5.8% International Hotel Investments plc 2023	101.000	0.00
4.4% Von der Heyden Group Finance plc Unsecured € 2024	101.000	0.00
5.1% 1923 Investments plc Unsecured € 2024	101.500	1.50
4.5% Hili Properties plc Unsecured € 2025	100.110	0.00
3.7% GAP Group plc Secured € 2023-2025 Series 1	102.800	0.01
4% MIDI plc Secured € 2026	104.000	2.96
4% Shoreline Mall plc Secured € 2026	101.000	3.05
3.25% AX Group plc Unsec Bds 2026 Series I	102.000	0.00
4% Stivala Group Finance plc Secured € 2027	100.570	-1.88
3.85% Hili Finance Company plc Unsecured € 2028	98.000	0.51
4% SP Finance plc Secured EUR Bonds 2029	104.000	4.00
3.75% AX Group plc Unsec Bds 2029 Series II	103.000	1.83
4% Cablenet Communication Systems plc Unsecured € 2030	103.000	0.00
4.25% Mercury Projects Finance plc Secured € 2031	104.000	2.46
4.5% Shoreline Mall plc Secured € 2032	100.000	-0.50

 

The Government Stocks traded today were:

	Closing Price	% Change
5% MGS 2021(I)	102.000	-0.04
4.5% MGS 2028 (II)	133.500	0.00
2.3% MGS 2029 (II)	119.500	-0.42
5.1% MGS 2029 (I)	141.920	0.64
5.25% MGS 2030 (I)	145.750	0.00
5.2% MGS 2031 (I)	149.460	-0.82
4.1% MGS 2034 (I)	144.260	0.18
3% MGS 2040 (I)	135.380	-0.09

 

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].,