Mixed results for sovereign debt issues

MGS

MSE Daily Trading Report, July 14, 2017

Sovereign debt issues experienced contrasting fortunes, as out of the 16 active issues, nine gained while the remaining seven depreciated.  A total of 33 deals were struck, which marked a total market turnover of more than €2.3m – a  €1m increase from yesterday. All singular gains or losses were less than 1 per cent.

In the corporate debt front, performance was generally unchanged once again, as out of the 14 active issues, gainers and fallers tallied at 2 a-piece while the rest remained unchanged. The6% Mediterranean Investments Holding plc Euro € 2021 registered the best performance for the day, as the price increased by 1.1 per cent, to close at €102.10.

The MSE Index  was on the rise for the second consecutive day, as a 0.153 per cent increase was registered, to close at 4,720.527 points. Out of 11 active shares, two closed higher, one closed lower, while the remaining eight closed unchanged. The active but non-moving equities were;  Bank of Valletta plc, HSBC Bank Malta plc, Malta International Airport plc, Mapfre Middlesea plc, PG plc, Plaza Centres plc, MIDI plc and Malita Investments plc. 51 deals generated a total market turnover of €356,713.

The only faller in today’s session was RS2 Software plc, as 10 trades worth over  €78,523, dragged the price down by 0.3 per cent, to close at  €1.84. 

On the contrary, albeit on thin volume, the equities of GO plc and Santumas Shareholdings plc surged and registered new highs. The former appreciated by 2 per cent, to close at  €3.569 – a fresh 5 month high, while the latter increased by 6.5 per cent, to close at the  €2.13 price level – a fresh all time high.


Equity Trades

 

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

70,089

152,034.17

23

2.175

0.00%

HSB

5,000

10,335.50

2

2.068

0.00%

MMS

2,598

4,858.26

1

1.870

0.00%

GO

3,000

10,707.00

1

3.569

1.97%

PZC

1,000

1,060.20

2

1.149

0.00%

MIA

7,800

32,370.00

3

4.150

0.00%

RS2

42,500

78,523.86

10

1.840

-0.27%

MDI

45,000

13,950.00

2

0.310

0.00%

MLT

13,500

9,855.00

1

0.730

0.00%

STS

4,888

10,324.86

2

2.130

6.50%

PG

25,150

32,695.00

4

1.300

0.00%



Corporate Bond Trades

 

 

Closing Price

% Change

5% GlobalCapital plc Unsecured € 2021

99.000

-0.45%

6% Mediterranean Investments Holding plc Euro 2021

102.100

1.09%

5.8% International Hotel Investments plc 2021

106.650

0.00%

5% Mediterranean Investments Holding plc Unsecured € 2022

103.010

0.24%

4.25% GAP Group plc Secured € 2023

103.000

0.00%

4.4% Von der Heyden Group Finance plc Unsecured € 2024

100.000

0.00%

5.1% PTL Holdings plc Unsecured € 2024

101.500

0.00%

5.75% International Hotel Investments plc Unsecured € 2025

106.000

0.00%

4.5% Hili Properties plc Unsecured € 2025

104.000

0.00%

4% MIDI plc Secured € 2026

102.500

-0.49%

4% International Hotel Investments plc Secured € 2026

102.500

0.00%

4.35% SD Finance plc Unsecured € 2027

103.010

0.00%

4% Eden Finance plc Unsecured € 2027

102.000

0.00%

3.75% Tumas Investments plc Unsecured € 2027

102.100

0.00%



Government Stock Trades

 

 

Closing Price

% Change

4.25% MGS 2017 (III)

101.320

-0.10%

4.6% MGS 2020 (II)

112.630

-0.01%

5% MGS 2021(I)

119.320

-0.07%

4.3% MGS 2022 (II)

119.430

0.32%

5.1% MGS 2022(I)

123.850

-0.06%

4.5% MGS 2028 (II)

130.530

0.60%

5.25% MGS 2030 (I)

140.990

-0.02%

5.2% MGS 2031 (I)

141.740

0.60%

4.65% MGS 2032 (I)

136.630

0.02%

4.45% MGS 2032 (II)

133.840

0.66%

4.3% MGS 2033 (I)

132.810

0.93%

4.1% MGS 2034 (I)

130.010

0.08%

2.5% MGS 2036 (I)

104.020

-0.18%

2.1% MGS 2039 (I)

97.340

0.23%

3% MGS 2040 (I)

112.270

0.09%

2.4% MGS 2041 (I)

100.500

-0.35%



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 jesmond.mizzi@jesmondmizzi.com

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