Local equities close the mid-week session lower

MSE Daily Trading Report, March 14, 2018

The MSE Equity Total Return Index drifted 0.241% lower to close at 8,572.612 points. A total of 47 deals was €362,457 were executed. In the equities’ market, 11 securities were active, eight of which posted losses, while two appreciated.

Bank of Valletta plc registered a negative price movement as it returned to the €1.81 price level. The marginal loss in value of 0.55% was the result of 12 deals in which a total of 38,459 shares were exchanged.

Also in the banking sector, Lombard Bank Malta plc slumped by a sizable 16.67%. A single transaction was executed at a price of €2.00.

HSBC Bank Malta plc closed unchanged at €1.84 despite being the most liquid equity of the session, generating a turnover of €149,408.

Loqus Holdings plcsank by 28.19% to €0.135 as a result of two transactions in which 7,500 shares were exchanged.

On the other hand, RS2 Software plc enjoyed a strong session as five deals of a combined 13,660 shares pushed the price higher by 8.4% to €1.42.

Malta Properties Company plc advanced by a marginal 0.4% to €0.50 as 13,100 shares changed hands over four deals.

In the same sector, a single deal of 2,500 Trident Estates plc shares dragged the price down by a minimal 0.55% to €1.81.

The telecommunications company GO plc was traded three times as 5,500 shares were exchanged. The equity edged 1.11% lower, settling at €3.56.

In the oil sector, Medserv plc posted a considerable loss of 3.45% to close at €1.12. Trading volume totalled 21,760 shares across thee deals.

Buying pressure was dominant in the corporate debt market, as from the 19 issues that were active, 11 advanced, while fallers amounted to five. The best performer was the 4% Stivala Group Finance plc Secured € 2027 which put on 1.07% to close at €104.10. On the other end of the spectrum, the 3.75% Premier Capital plc Unsecured € 2026 fell by 1.01% to €103.

Yields in the sovereign debt market were down as from 12 active issues, three headed and south nine posted gains. The long-dated issues registered the best performances, particularly the 2.4% MGS 2041 which was up by 0.47% to €107. On the other hand, the 1.4% MGS 2023 gained 0.39% to €105.09 over a single deal worth €1,050,900.


The Equities traded today were:

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

38,459

69,875.89

12

1.810

-0.55%

HSB

80,863

149,408.02

10

1.840

0.00%

LOM

505

1,010.00

1

2.000

-16.67%

GO

5,500

19,580.00

3

3.560

-1.11%

MIA

11,100

54,834.00

4

4.940

0.00%

MDS

21,760

24,495.14

3

1.120

-3.45%

RS2

13,660

18,109.60

5

1.420

8.40%

MPC

13,100

6,435.25

4

0.500

0.40%

PG

9,750

13,162.50

2

1.350

0.00%

TRI

2,500

4,525.00

1

1.810

-0.55%

LQS

7,500

1,022.50

2

0.135

-28.19%



The Corporate bonds traded today were:

 

Closing Price

% Change

4.25% Bank of Valletta plc € Notes 2019 Series 2 Tranche 1

101.500

-0.01%

5.35% Bank of Valletta plc Sub € 2019

103.800

0.32%

5% GlobalCapital plc Unsecured € 2021

97.000

1.04%

6% AX Investments Plc € 2024

111.000

0.00%

4.4% Von der Heyden Group Finance plc Unsecured € 2024

98.990

0.50%

5% Hal Mann Vella Group plc Secured Bonds € 2024

105.250

-0.24%

5.75% International Hotel Investments plc Unsecured € 2025

106.000

-0.05%

4.5% Hili Properties plc Unsecured € 2025

105.500

0.48%

4% MIDI plc Secured € 2026

104.300

0.05%

3.75% Premier Capital plc Unsecured € 2026

103.000

-1.01%

4% International Hotel Investments plc Unsecured € 2026

103.000

0.00%

4.35% SD Finance plc Unsecured € 2027

104.250

0.00%

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

103.500

0.44%

5% MeDirect Bank Plc Subordinated Unsecured € 2022-2027

104.250

0.01%

4% Stivala Group Finance plc Secured € 2027

104.100

1.07%

3.75% Virtu Finance plc Unsecured € 2027

102.990

-0.01%

3.75% Bortex Group Finance plc Unsecured € 2027

103.500

0.58%

3.5% Bank of Valletta plc € Notes 2030 S1 T1

100.060

0.06%

3.5% Bank of Valletta plc € Notes 2030 S2 T1

100.100

0.10%



The Government Stocks traded today were:

 

Closing Price

% Change

3% MGS 2019 (III)

104.410

0.39%

5.1% MGS 2022(I)

121.590

-0.01%

5.5% MGS 2023 (I)

126.680

0.07%

1.4% MGS 2023 (III)

105.090

-0.39%

4.8% MGS 2028 (I)

133.640

0.19%

5.2% MGS 2031 (I)

142.320

0.05%

4.65% MGS 2032 (I)

136.260

-0.04%

4.45% MGS 2032 (II)

133.500

0.17%

2.5% MGS 2036 (I)

108.760

0.07%

2.1% MGS 2039 (I)

101.900

0.05%

3% MGS 2040 (I)

117.800

0.14%

2.4% MGS 2041 (I)

107.000

0.47%



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.

Your browser (Internet Explorer 7) is out of date It has known security flaws and may not display all features of this and other websites. Click here to update.