Large caps drag MSE Index lower
MSE Daily Trading Report, 17 July 2020
The MSE Equity Total Return Index registered a decline of 0.436% as it ended the week at 8,111.256 points. Eight equities were active, of which one advanced while five lost ground. A total turnover of €62,824 was generated across 20 deals.
In the banking industry, Bank of Valletta plc and HSBC Bank Malta plc headed in the same direction. BOV shares registered a decrease of 1.02% as 3,403 shares changed hands across three transactions. The bank ended the session at €0.97. Similarly, HSBC shares registered a decline of 1.04%, reaching the €0.95 price level. This was the result of a sole deal of 1,309 shares, worth €1,244.
In the telecommunications sector, GO plc registered the largest turnover during the session as five trades managed to generate a total turnover of €23,755. The equity closed flat at €3.42.
It’s subsidiary, Malta Properties Company plc plunged by 6.14% at €0.535. A total of two deals over a slim volume were executed.
RS2 Software plc registered a decrease of 0.84% to close the session at €2.36. A total of two deals saw 8,500 shares exchange hands.
Four trades involving 2,089 Malta International Airport plc shares did not alter the equity’s previous closing price of €5.60. Total turnover amounted to €11,698.
The only positive performer was Global Capital plc as two deals pushed the price 9.09% higher to €0.36. A total of 5,000 shares were executed, generating a total turnover of €1,657.
Simonds Farsons Cisk plc traded once on slim volume, resulting into a negative 0.63% change in price. The equity ended the session at €7.95.
In the Corporate Debt market, out of 11 active issues, five headed south, while the 3.75% Bank of Valletta plc Unsecured Sub € 2026-2031 traded 0.01% higher, ending the session at €102.01. Meanwhile, the 4% Stivala Group Finance plc Secured € 2027 closed 2.39% lower at €101.00.
In the Sovereign Bond market, 10 issues werec ative of which five closed lower, while one closed higher. The 5.2% MGS 2031 (I) registered the only gain during the session as the bond price increased by 0.14% at €147.67.On the other hand, the 4.5% MGS 2028 (II) lost 2.03%, to close at €130.00.
In the Prospects MTF market, three issues were active, of which one headed north while one closed in the opposite direction. The 5% Smartcare Finance plc Secured € 2029 was the only positive performer as it closed 1.18% higher at €102.70. Conversely, the 5% Luxury Living Finance plc Secured Bonds 2028 lost 2.48%, ending the session at €97.50.
The Equities traded today were:
| Symbol Code | Volume Traded | Value Traded | Trades | Closing Price | % Change |
| BOV | 3,403 | 3,305.91 | 3 | 0.970 | -1.02 |
| HSB | 1,309 | 1,243.55 | 1 | 0.950 | -1.04 |
| SFC | 10 | 79.50 | 1 | 7.950 | -0.63 |
| GO | 7,000 | 23,755.34 | 5 | 3.420 | 0.00 |
| GCL | 5,000 | 1,656.90 | 2 | 0.360 | 9.09 |
| MIA | 2,089 | 11,698.40 | 4 | 5.600 | 0.00 |
| RS2 | 8,500 | 20,014.58 | 2 | 2.360 | -0.84 |
| MPC | 2,000 | 1,070.00 | 2 | 0.535 | -6.14 |
The Corporate Bonds traded today were:
| Closing Price | % Change | |
| 4.4% Von der Heyden Group Finance plc Unsecured € 2024 | 100.000 | 0.00 |
| 6% International Hotel Investments plc € 2024 | 101.000 | -1.08 |
| 5.3% Mariner Finance plc Unsecured € 2024 | 105.000 | 0.00 |
| 5.1% 6PM Holdings plc Unsecured € 2025 | 100.000 | -0.99 |
| 4.35% Hudson Malta plc Unsecured € 2026 | 100.000 | 0.00 |
| 4% International Hotel Investments plc Secured € 2026 | 102.000 | 0.00 |
| 4% Merkanti Holding plc Secured € 2026 | 100.000 | -0.31 |
| 4% Stivala Group Finance plc Secured € 2027 | 101.000 | -2.39 |
| 3.5% Bank of Valletta plc € Notes 2030 S1 T1 | 101.000 | -0.01 |
| 3.5% Bank of Valletta plc € Notes 2030 S2 T1 | 100.000 | 0.00 |
| 3.75% Bank of Valletta plc Unsecured Sub € 2026-2031 | 102.010 | 0.01 |
The Government Stocks traded today were:
| Closing Price | % Change | |
| 5% MGS 2021(I) | 105.260 | -0.05 |
| 4.3% MGS 2022 (II) | 107.810 | 0.00 |
| 5.5% MGS 2023 (I) | 116.000 | -0.03 |
| 4.5% MGS 2028 (II) | 130.000 | -2.03 |
| 5.25% MGS 2030 (I) | 146.000 | 0.00 |
| 5.2% MGS 2031 (I) | 147.670 | 0.12 |
| 4.45% MGS 2032 (II) | 144.000 | 0.00 |
| 2.1% MGS 2039 (I) | 125.000 | 0.00 |
| 3% MGS 2040 (I) | 143.000 | -1.38 |
| 2.4% MGS 2041 (I) | 133.500 | -1.11 |
The Prospects MTF Bonds traded today were:
| Closing Price | % Change | |
| 5% Convenience Shop Finance 2026-2029 | 100.20 | 0.00 |
| 5% Luxury Living Finance plc Secured Bonds 2028 | 97.50 | -2.48 |
| 5% SmartCare Finance plc 2029 | 102.70 | 1.18 |
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].