Three equities drag the MSE Index lower

MSE Daily Trading Report, April 24, 2017

The MSE Total Return Equity Index surrendered the previous session’s gain, as it drifted 0.283% lower, to close at 8,517.448 points. A sizable turnover of €112,471 was generated over 28 deals in the equities market. Out of nine active equities, three registered declines, while two posted gains.

In the banking industry, Bank of Valletta plc was a drag on the index as it lost 0.56% in value, closing at €1.76. A total of 31,005 shares were exchanged over 10 transactions. In the same sector, HSBC Bank Malta plc traded flat at €1.72 despite a trading volume of 6,670 shares.

Property firm MIDI plc recovered all of yesterday’s losses, as it put on 2.29%, to close at €0.358. This came as a result of three deals in which a total of 14,064 shares were exchanged.

In the same sector, Malta Properties Company plc followed suit by posting a more modest gain of 0.44%. This was the outcome of a sole deal executed at a price of €0.46.

The worst performer was RS2 Software plc which was down by 2.86%, to close at €1.36. The equity was traded three times as 14,064 shares changed ownership.

A single transaction of 50 Simonds Farsons Cisk plc shares dragged the price down by 0.74%, to settle at €6.70.

Other active equities which closed unchanged were PG plc, Malta International Airport plc and Mapfre Middlesea plc. The respective prices at the close of today’s session read: €1.30, €4.92 and €2.04.

Yields in the sovereign debt market were predominantly up as out of 14 active issues, nine traded lower and five headed north. The most notable price fall was a 0.35% shift in the price of the short-dated 5% MGS 2021. On the other hand, the 2.5% MGS 2036 climbed by 0.3%.

In the corporate debt market, 16 issues were active, the majority of which closed unchanged while gainers and fallers amounted to three each. Topping the list of fallers was the5.1% 1923 Investments plc Unsecured € 2024 whichdeclined by 1.28%. At the other end of the spectrum, the 3.75% Premier Capital plc Unsecured € 2026 climbed 1.16% to a price of €104.10.


Equity Trades

 

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

31,005

54,538.79

10

1.760

-0.56%

HSB

6,670

11,472.40

4

1.720

0.00%

MMS

3,000

6,110.14

3

2.040

0.00%

SFC

50

335.00

1

6.700

-0.74%

MIA

3,315

16,309.80

3

4.920

0.00%

RS2

14,064

19,323.54

3

1.360

-2.86%

MDI

5,000

1,768.00

2

0.358

2.29%

MPC

30

13.80

1

0.460

0.44%

PG

2,000

2,600.00

1

1.300

0.00%



Corporate Bond Trades

 

 

Closing Price

% Change

6% Mediterranean Investments Holding plc Euro 2021

104.100

0.00%

5.8% International Hotel Investments plc 2021

105.700

0.00%

4.25% GAP Group plc Secured € 2023

104.000

0.00%

4.4% Von der Heyden Group Finance plc Unsecured € 2024

100.000

0.00%

6% international hotel Investments plc € 2024

107.500

0.00%

5.3% Mariner Finance plc Unsecured € 2024

108.800

0.05%

6% MeDirect Bank plc Subordinated Unsecured € 2019-2024

104.750

0.00%

5.1% 1923 Investments plc Unsecured € 2024

104.050

-1.28%

4% International Hotel Investments plc Secured € 2026

103.000

-0.96%

4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026

104.500

0.00%

3.75% Premier Capital plc Unsecured € 2026

104.100

1.16%

4.35% SD Finance plc Unsecured € 2027

103.500

-0.77%

4% Eden Finance plc Unsecured € 2027

104.000

0.19%

4.5% Grand Harbour Marina plc Unsecured € 2027

104.800

0.00%

4% Stivala Group Finance plc Secured € 2027

104.450

0.00%

3.75% Virtu Finance plc Unsecured € 2027

103.000

0.00%



Government Stock Trades

 

 

Closing Price

% Change

5.2% MGS 2020 (I)

110.910

-0.15%

5% MGS 2021(I)

115.500

-0.35%

3.3% MGS 2024 (I)

117.280

-0.32%

4.8% MGS 2028 (I)

134.500

0.16%

4.5% MGS 2028 (II)

131.590

-0.31%

2.3% MGS 2029 (II)

109.270

-0.16%

5.2% MGS 2031 (I)

143.000

0.12%

4.65% MGS 2032 (I)

136.870

-0.23%

4.45% MGS 2032 (II)

133.830

-0.21%

4.3% MGS 2033 (I)

132.330

0.10%

4.1% MGS 2034 (I)

130.840

0.01%

2.5% MGS 2036 (I)

108.300

0.30%

2.1% MGS 2039 (I)

101.090

-0.31%

2.4% MGS 2041 (I)

105.900

-0.22%



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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