MSE Daily Trading Report, 02 June, 2021

 

MSE Equity Total Return Index	8,133.899  points	0.76%
MSE Malta Government Stocks Total Return Index	1,115.967 points	-0.07%
MSE Corporate Bonds Total Return Index	1,126.062 points	0.00%

 

• The best performers were Simonds Farsons Cisk plc (+8.5%), Mapfre Middlesea plc (+3.7%) and HSBC Bank Malta plc (+1.3%).
• The worst performers were Harvest Technology plc (-0.6%) and RS2 Software plc (-0.5%).
• BMIT Technologies plc was the most liquid as it generated a total turnover of €6,541. Three deals involving 13,387 shares were executed.

 

• Simonds Farsons Cisk plc announced that the 74th Annual General Meeting shall be held on June 24, 2021.
  • The income statement and statement of financial position for the year ended January 31, 2021 and the reports of the directors and
    the auditors thereon shall be approved.
  • Click here to download the announcement.

• Main Street Complex plc made reference to United Finance plc’s announcement, whereby the board provided the market with an update on the operations of the United Department Stores Limited, which holds the franchise for the Debenhams brand for Malta. The market was informed that the company had to take the difficult decision to also wind up the local outlets of the Debenhams franchise.
  • United Department Stores Limited operates the largest store in the Main Street Complex (MSC). The board of MSC has received notice of termination of the existing concession relative to such store, and discussions are underway between the respective management teams of the Company and United Department Stores Limited, with a view to determining the terms, timeline and process of the termination and ensuing vacating of the store.
  • In parallel, the Company has commenced the process for identifying a suitable alternative tenant for the operation of the store in question, and further updates to the market will be provided as and when appropriate. At this juncture, the board would like to reassure shareholders that such termination is not expected to have any impact on the financial performance in the current financial year, principally as a result of the terms of the termination provisions contained in the concession agreement.
  • Click here to download the announcement.

 

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
HSB	4,000	3,240.00	1	0.810	1.25
MMS	878	1,984.28	2	2.260	3.67
SFC	45	402.75	1	8.950	8.48
GO	1,000	3,400.00	1	3.400	0.00
MIA	75	480.00	1	6.400	0.00
RS2	500	990.00	1	1.980	-0.50
MPC	6,500	3,592.50	2	0.545	0.00
BMIT	13,387	6,541.42	3	0.490	0.00
HRV	1,000	1,550.00	1	1.550	-0.64

 

The Corporate bonds traded today were:

4.25% Best Deal Properties Holding plc Secured € 2024	104.000	0.00
3.5% Bank of Valletta plc € Notes 2030 S1 T1	103.000	0.00
	Closing Price	% Change

 

The Government Stocks traded today were:

	Closing Price	% Change
5% MGS 2021(I)	100.980	-0.02
4.3% MGS 2022 (II)	104.460	-0.02
4.8% MGS 2028 (I)	133.370	0.08
5.25% MGS 2030 (I)	143.370	0.17
1.00% MGS 2031 (II)	105.040	-0.83
5.2% MGS 2031 (I)	146.850	-0.78
4.3% MGS 2033 (I)	142.020	0.20
2.5% MGS 2036 (I)	124.000	-0.80
3% MGS 2040 (I)	132.310	0.12

 

The Prospects MTF bonds traded today were:

	Closing Price	% Change
4.75% Orion Finance plc € Unsecured 2027	100.000	0.45%

 

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]