Three Equities keep MSE Index afloat

MSE Daily Trading Report, January 11, 2017

The MSE Equity Total Return Index remained relatively unchanged,as the index closed 0.011% lower at 8,640.603 points. Eight equties were active during the session, of which three increased and four declined. Total turnover in the equity market amounted to €224,643, spread over 44 trades.

Malita Investments plc topped the list of gainers in today’s session as it climbed 1.23%, to finish trading at €0.825. A substantial volume was traded, as 26,700 shares changed hands over three individual deals.

In the banking sector, Bank of Valletta plc built on yesterday’s positive performance as it put on a further 0.56%, to close at €1.805. The equity was responsible for over half of the total turnover, as 70,057 shares were traded. HSBC Bank Malta plc however, erased all of yesterday’s gains as its share price lost 0.57%, as a total of 3,328 shares were exchanged over two deals.

GO plc registered a very similar performance as it also declined by 0.57%, to close at €3.50, following two deals worth a combined €2,093.

A single trade involving 3,405 shares in RS2 Software plc notched the price down by 1.32%, to end the session at €1.50.

Malta International Airport plc was traded heavily as a turnover of €41,805 was generated over five transactions. As a result, the equity price climbed 0.84%, to finish trading at €4.80.

Malta Properties Company plc continued to trade in negative territory as it posted further falls, this time of 0.46%. The price at the end of the session read €0.434. This was the outcome of four deals in which 31,404 shares were traded.

Loqus Holdings plc was the only equity to trade flat despite a total of 18,400 shares changing hands.

The Prospects market was also active today, as the 4.875% AgriHoldings Plc Senior Secured € 2024 registered a single deal worth €5,050. This caused the security’s value to increase by 1%.

In the sovereign debt market, performances were mixed,as out of seven activeissues, three gained groundwhilefourclosed lower. The 2.1% MGS 2039 registered the strongest performance among the list of gainers,as the bond appreciated by 1.29%,to close the session at €102. On the other hand, the 7.8% MGS 2018 was the worst performer, as the price depreciated by 0.28%, to close at €103.91.

 

On the corporate debtfront, a total of 14issues were active,of which four posted gains and five headed lower. The 4.25% Corinthia Finance plc Unsecured € 2026 registered the largest price movement, a 2.2% increasein price,to close at€104.25.          On the other hand, the worst performer was the 4% Eden Finance plc Unsecured € 2027 which declined by  0.96%.


The Equities traded today were:

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

70,057

126,177.60

25

1.805

0.56%

HSB

3,328

5,849.00

2

1.750

-0.57%

GO

2,093

7,325.50

2

3.500

-0.57%

MIA

8,730

41,804.80

5

4.800

0.84%

RS2

3,405

5,107.50

1

1.500

-1.32%

MLT

26,700

21,929.50

3

0.825

1.23%

MPC

31,404

13,689.34

4

0.434

-0.46%

LQS

18,400

2,760.00

2

0.150

0.00%



The Corporate Bonds traded today were:

 

Closing Price

% Change

5% GlobalCapital plc Unsecured € 2021

99.400

0.00%

5% Mediterranean Investments Holding plc Unsecured € 2022

103.250

-0.10%

4.4% Von der Heyden Group Finance plc Unsecured € 2024

99.870

0.00%

5.75% International Hotel Investments plc Unsecured € 2025

104.710

0.01%

4.5% Izola Bank plc € Unsecured 2025

106.000

0.00%

4.25% Corinthia Finance plc Unsecured € 2026

104.250

2.20%

4% MIDI plc Secured € 2026

102.010

0.01%

4% International Hotel Investments plc Secured € 2026

102.500

-0.49%

3.75% Premier Capital plc Unsecured € 2026

102.500

0.00%

4.35% SD Finance plc Unsecured € 2027

103.450

-0.05%

4% Eden Finance plc Unsecured € 2027

103.000

-0.96%

3.75% Tumas Investments plc Unsecured € 2027

103.510

-0.04%

4% Stivala Group Finance plc Secured € 2027

102.800

0.49%

3.75% Virtu Finance plc Unsecured € 2027

103.000

0.00%



The Government Stocks traded today were:

 

Closing Price

% Change

7.8% MGS 2018

103.910

-0.28%

5% MGS 2021(I)

117.340

-0.03%

5.5% MGS 2023 (I)

127.750

-0.02%

4.3% MGS 2033 (I)

133.460

-0.02%

2.5% MGS 2036 (I)

108.000

0.33%

2.1% MGS 2039 (I)

102.000

1.29%

3% MGS 2040 (I)

115.410

0.37%



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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