BOV on path of recovery as slim turnover is generated on the MSE

BOV on path of recovery as slim turnover is generated on the MSE

The MSE Equity Total Return Index registered a positive, albeit quiet performance. In the Equities market, trading volumes were rather low as a turnover of just €118,357 was generated over 22 deals. In fact, only three equities were active today, and they all recorded an upward price movement.

Bank of Valletta plc managed to build on yesterdays minimal recovery as it managed to post some solid gains in today’s session. The share price reached the €1.80 level, which translates to a 2.68% increase on the previous closing price. This was the result of 18 transactions, in which a total of 51,535 shares were traded.

The only other active equity in the banking industry was HSBC Bank Malta plc, which was also affected by a positive sentiment as its share price  traded in positive territory for the third session in a row. The equity climbed by 0.86% to end the session a a price of €1.875 after 10,000 shares were traded over two deals.

The largest price change was registered by Simonds Farsons Cisk plc as it recovered some of the losses made yesterday by pushing forward 3.06%. The closing price of €8.76 was the outcome of two deals which generated a turnover of just 7,523.

The sovereign debt market also registered a strong performance, as out of 14 active issues, ten closed higher and only two edged lower. The5.1% MGS 2029 (I) headed the list of gainers as it pushed forward by 0.36%. On the other hand, the4.1% MGS 2034 (I) logged the worst performance as it lost 0.27%.

In the corporate debt market, 13 issues were active, three of which increased in value, while four lost ground by just 0.01%. The largest advancement was recorded by the 3.75% Premier Capital plc Unsecured € 2026  as it appreciated by 0.33%.


The Equities traded today were:

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

51,535

92,100.54

18

1.800

2.68%

HSB

10,000

18,734.25

2

1.875

0.86%

SFC

859

7,523.04

2

8.760

3.06%



The Corporate Bonds traded today were:

 

Closing Price

% Change

4.25% GAP Group plc Secured € 2023

102.980

0.01%

6% AX Investments Plc € 2024

111.000

0.00%

4.4% Von der Heyden Group Finance plc Unsecured € 2024

99.490

-0.01%

6% Island Hotels Group Holdings plc € 2024

106.000

0.00%

5% Tumas Investments plc Unsecured € 2024

107.000

0.00%

4% International Hotel Investments plc Secured € 2026

102.510

0.00%

3.75% Premier Capital plc Unsecured € 2026

103.250

0.33%

4.35% SD Finance plc Unsecured € 2027

103.740

0.04%

4% Eden Finance plc Unsecured € 2027

102.990

-0.01%

4.4% Central Business Centres plc Unsecured € 2027 S1/17 T1

101.500

0.00%

3.75% Tumas Investments plc Unsecured € 2027

104.500

-0.01%

5% Mediterranean Bank Plc Subordinated Unsecured € 2022-2027

102.400

0.00%

4% Stivala Group Finance plc Secured € 2027

101.980

-0.01%



The Government Stocks traded today were:

                                                                                      

Closing Price

% Change

5% MGS 2021(I)

118.430

0.00%

4.3% MGS 2022 (II)

118.870

0.03%

4.8% MGS 2028 (I)

134.940

-0.14%

4.5% MGS 2028 (II)

132.400

0.01%

2.3% MGS 2029 (II)

109.490

0.11%

5.1% MGS 2029 (I)

140.120

0.36%

5.25% MGS 2030 (I)

142.590

0.11%

5.2% MGS 2031 (I)

143.840

0.29%

4.65% MGS 2032 (I)

137.980

0.25%

4.45% MGS 2032 (II)

135.460

0.13%

4.3% MGS 2033 (I)

134.190

0.06%

4.1% MGS 2034 (I)

132.110

-0.27%

2.1% MGS 2039 (I)

100.700

0.04%

3% MGS 2040 (I)

116.000

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.

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