MIDI plc shares gain territory on strong volume

MSE Daily Trading Report, June 22, 2018

The MSE Equity Total Return Index notched 0.187% higher, closing at 8,655.699 points. The equities traded tallied to 11, of which three headed into positive territory, while two closed in the red. Today’s action was spread over 27 transactions, with a market value of €167,655.

MIDI plc shares headed today’s action, with over 200k shares changing hands. The equity surged 5.16%, to its all-time high of €0.448. Yesterday the company announced that it had entered in preliminary, discussions with Tumas Group Company Limited to explore the possibility to establish a joint venture with respect to the development of Manoel Island.

Banking shares HSBC Bank Malta plc and Bank of Valetta plc both closed unchanged at €1.83 and €1.745, respectively. The latter traded on six deals of 17,500, while HSBC Bank Malta plc shares traded over a mere volume of 1,327 shares.

Shares of Trident Estates plc added six cents to close at €1.31. The equity was active on a single trade of just 45 shares.

Elsewhere, shares of GO plc closed at €3.42, marking a 0.6% gain on a deal of 2,000 shares.

International Hotels Investments plc shares remained at €0.68, despite the equity attracting a volume of 30,600 shares spread over four transactions. Shares of Malita Investments plc and Tigne Mall plc both closed in the red. Two exchanges of 10,780 shares pressured Malita’s shares €1c5 lower to €0.855 – while a transaction of 2,600 shares saw Tigne’s shares close 1.58% lower to €0.935.

The following equities trading unchanged during today’s session; Loqus Holdings plc, RS2 Software plc and FIMBank plc shares, which traded at €0.10, €1.25 and $0.52, respectively.

Trading in the local corporate bond market, spanned over 13 issues, with a total market value of €267,309. Prices of the traded issues remained relatively unchanged over the previous session. The 4.25% GAP Group plc Secured €2023 issue attracted the highest turnover, albeit closing unchanged at €103.00.

From the sovereign debt markettotal turnover stood at €472,243. Trade flows where mostly positive as eight of the 13 traded issues closed higher, representing close to 80% of the underlying traded volume. The 3% MGS 2040 (I) issue headed the gainers, closing 0.22% up at €116.74.


The Equities traded today were:

Symbol Code

Volume Traded

Value Traded

 

Trades

Closing Price

% Change

BOV

17,500

30,478.00

6

1.745

0.00%

HSB

1,327

2,428.41

1

1.830

0.00%

GO

2,000

6,840.00

1

3.420

0.59%

IHI

30,600

20,607.02

4

0.680

0.00%

FIM

5,857

2,639.66

1

0.520

0.00%

RS2

1,640

2,050.00

1

1.250

0.00%

MDI

204,400

90,328.20

8

0.448

5.16%

MLT

10,870

9,293.86

2

0.855

-1.72%

TML

2,600

2,431.00

1

0.935

-1.58%

TRI

45

58.95

1

1.310

4.80%

LQS

5,000

500.00

1

0.100

0.00%



The Corporate Bonds traded today were:

 

Closing Price

% Change

5.8% International Hotel Investments plc 2021

105.700

0.00%

6% Pendergardens Developments plc Secured € 2022 Series II

109.000

0.00%

4.25% GAP Group plc Secured € 2023

103.000

0.00%

4.4% Von der Heyden Group Finance plc Unsecured € 2024

102.500

0.00%

5.1% 1923 Investments plc Unsecured € 2024

103.990

0.96%

4.35% Hudson Malta plc Unsecured € 2026

104.790

-0.10%

4.25% Corinthia Finance plc Unsecured € 2026

104.500

0.00%

5% Dizz Finance plc Unsecured € 2026

105.010

-0.93%

3.75% Premier Capital plc Unsecured € 2026

103.500

0.00%

4.35% SD Finance plc Unsecured € 2027

104.490

0.47%

4% Stivala Group Finance plc Secured € 2027

104.000

-0.48%

3.75% Virtu Finance plc Unsecured € 2027

103.600

0.10%

3.5% Bank of Valletta plc € Notes 2030 S2 T1

98.550

0.00%



The Government Stocks traded today were:

 

 

Closing Price

% Change

6.6% MGS 2019

107.870

-0.01%

4.8% MGS 2028 (I)

133.160

0.10%

4.5% MGS 2028 (II)

130.490

-0.39%

5.1% MGS 2029 (I)

138.220

0.14%

5.25% MGS 2030 (I)

141.250

-0.04%

5.2% MGS 2031 (I)

142.730

0.10%

4.65% MGS 2032 (I)

136.990

0.07%

4.45% MGS 2032 (II)

134.430

0.40%

4.3% MGS 2033 (I)

133.080

-0.03%

4.1% MGS 2034 (I)

131.380

0.12%

2.5% MGS 2036 (I)

108.640

0.20%

2.1% MGS 2039 (I)

100.760

-0.07%

3% MGS 2040 (I)

116.740

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 info@jesmondmizzi.com.

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