Four equities impact the MSE Index positively

MSE Daily Trading Report, May 8, 2018

The MSE Total Return Index increased by 0.146% today, closing the session at 8,465.922 points. 10 equities were active during the session of which; four registered gains and three declined. A total turnover of €184,907 was generated across 31 deals.

Banking industry counterparts, Bank of Valletta plc and HSBC Bank Malta plc experienced contrasting fortunes. The former gained 1.15%, to close at €1.76, while the latter closed at €1.70, following a decline of 1.73%. Bank of Valletta plc shares featured in five transactions, in which a total of just 6,837 shares were exchanged. On the other hand, HSBC traded on seven occasions for a total turnover of €31,125.

Yesterday afternoon,Malta International Airport plc announced that the aircraft movements and seat capacity saw an increase of 18.8 per cent and 18.5 per cent respectively during the month of April. Futhermore, seat load factor (SLF), which measures seat occupancy on flights, stood at 80.1 per cent. In addition to this, during today’s session, the company announced that the annual general meeting was held and all items on the agenda were approved. In light of these facts, the equity traded on three separate instances for a total turnover of €24,518. The price at the end of the session read €4.86 – an increase of 0.83% from yesterday’s closing price.

Malita Investments plc depreciated by 0.59%, following a single trade worth €2,100, to close at €0.84. The exact opposite performance was registered by GO plc, as five transactions worth a total of €51,150 pushed the price 0.58% higher, to close at €3.48.

RS2 Software plcand PG plc both settled at the €1.28 price level, albeit also registering contrasting performances. The software company gained 1.59% while the retail conglomerate closed 1.54% in the red.

Elsewhere, Mapfre Middlesea plc, Plaza Centres plc and Trident Estates plc were all active but closed unchanged.

Yields in the sovereign debt market were up once again as 13 of the 14 active issues declined. The only active issue which closed in the black was the 5% MGS 2021, which closed a mere 0.03% higher at €115.85.

In the corporate debt market, 12 issues were active, of which five ticked higher and three headed south. The 5.3% Mariner Finance plc Unsecured €2024 topped the list of gainers by appreciating by 1.37%, to close at €109.99. Contrarily, the 5.1% 1923 Investments plc Unsecured €2024 was down by almost 1%, to close at €103.


Equity Trades

 

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

6,837

11,950.86

5

1.760

1.15%

HSB

18,219

31,125.30

7

1.700

-1.73%

MMS

3,950

7,505.00

3

1.900

0.00%

GO

14,710

51,150.80

5

3.480

0.58%

PZC

14,000

14,560.00

1

1.040

0.00%

MIA

5,039

24,518.34

3

4.860

0.83%

RS2

16,580

21,072.40

3

1.280

1.59%

MLT

2,500

2,100.00

1

0.840

-0.59%

PG

3,800

4,924.00

2

1.280

-1.54%

TRI

10,000

16,000.00

1

1.600

0.00%



Corporate Bond Trades

 

 

Closing Price

% Change

4.8% Bank of Valletta plc Notes 2018

100.000

0.10%

5.35% Bank of Valletta plc Sub € 2019

102.500

0.69%

4.25% GAP Group plc Secured € 2023

104.500

0.48%

6% AX Investments Plc € 2024

112.500

0.85%

4.4% Von der Heyden Group Finance plc Unsecured € 2024

101.000

0.00%

5.3% Mariner Finance plc Unsecured € 2024

109.990

1.37%

5.1% 1923 Investments plc Unsecured € 2024

103.000

-0.96%

4% International Hotel Investments plc Secured € 2026

104.500

0.00%

3.75% Premier Capital plc Unsecured € 2026

103.500

-0.77%

5% MeDirect Bank Plc Subordinated Unsecured € 2022-2027

104.250

0.00%

4% Stivala Group Finance plc Secured € 2027

104.200

-0.29%

3.75% Virtu Finance plc Unsecured € 2027

103.250

0.00%



Government Stock Trades

 

                                                                                   

Closing Price

% Change

4.6% MGS 2020 (II)

109.000

-0.04%

5.2% MGS 2020 (I)

110.830

-0.05%

5% MGS 2021(I)

115.850

0.03%

4.3% MGS 2022 (II)

116.460

-0.03%

2.3% MGS 2029 (II)

109.790

-0.19%

5.25% MGS 2030 (I)

142.390

-0.12%

5.2% MGS 2031 (I)

143.650

-0.21%

4.65% MGS 2032 (I)

137.840

-0.07%

4.1% MGS 2034 (I)

132.130

-0.06%

2.2% MGS 2035 (I)

105.110

-0.21%

2.5% MGS 2036 (I)

109.490

-0.07%

2.1% MGS 2039 (I)

101.800

-0.15%

3% MGS 2040 (I)

118.400

-0.19%

2.4% MGS 2041 (I)

107.530

-0.16%



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 Financial Advisors Ltd is the sponsoring broker for the Mediterranean Bank 5% Subordinated Unsecured Bonds 2027 issue, additionally the company is also participating as one of the authorised financial intermediaries and is a member firm of the Malta Stock Exchange, Garrison Chapel, Castile Place, Valletta VLT1063, Malta. Jesmond Mizzi Financial Advisors Limited or a connected company, their clients, officers and employees may have a position or engage in transactions in any of the investments mentioned.  

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