MSE Index bounces back from recent losses

MSE Daily Trading Report, July 11, 2018

The MSE Equity Total Return Index partially recovered yesterday’s losses as it closed 0.468% higher at 8,660.684 points. A total of eight issues were active during the session, of which three gained ground and two closed lower.

In the banking industry, Bank of Valletta plc climbed 0.57% to a price of €1.76. Trading activity in the equity was uncharacteristically low as just 8,018 shares traded across five deals.

Its peer, HSBC Bank Malta plc closed flat at €1.84, following nine trades worth €23,656.

The telecommunications company GO plc posted a solid gain of 4.24%, reaching the €3.44 price mark as a sole deal of 1,000 shares was struck.

Conversely, a single transaction of 13,110 Malita Investments plc shares dragged its price down by 2.3% to €0.85.

In the retail sector, PG plc traded flat at a price of €1.33, translating into a price gain on the day of 0.76%. A total of 60,000 shares were exchanged over three trades.

Main Street Complex plc was down by 0.75%, to end the session at €0.665. A total of four transactions generated a combined turnover of €11,745.95.

Elsewhere, Simonds Farsons Cisk plc and International Hotel Investments plc were also active, despite failing to register any price movements.

The Sovereign Debt market had a very positive session, as only two out of the 15 active issues lost ground, while 13 registered an increase in value. The 2.1% MGS 2039 (I) and the 2.4% MGS 2041 registered the strongest gains, both advancing by 0.38%, to close the session at €101.89 and €106.90, respectively. Meanwhile, the 4.1% MGS 2034 (I) registered the weakest performance, as the bond price closed 0.17% lower at €131.68.

In the corporate debt market, activity was spread across 19 issues, of which gainers and fallers amounted to six each. The 3.5% Bank of Valletta plc € Notes 2030 S1 T1 was the weakest performer during the session as the bond price decreased by 0.99%, to close the session at par. Meanwhile, the 4% MIDI plc Secured € 2026 appreciated by 0.78%, to close at €103.80.


The Equities traded today were:

Symbol Code

Volume Traded

Value Traded

 

Trades

Closing Price

% Change

BOV

8,018

14,111.68

5

1.760

0.57%

HSB

12,807

23,655.88

9

1.840

0.00%

SFC

5,557

40,010.40

2

7.200

0.00%

GO

1,000

3,440.00

1

3.440

4.24%

IHI

52,681

32,135.41

2

0.610

0.00%

MLT

13,110

11,143.50

1

0.850

-2.30%

PG

60,000

79,800.00

3

1.330

0.76%

MSC

17,570

11,745.95

4

0.665

-0.75%



The Corporate Bonds traded today were:

 

Closing Price

% Change

4.25% GAP Group plc Secured € 2023

102.500

0.00%

4.4% Von der Heyden Group Finance plc Unsecured € 2024

102.000

-0.83%

6% International Hotel Investments plc € 2024

109.500

0.13%

5.3% Mariner Finance plc Unsecured € 2024

108.500

0.00%

5.75% International Hotel Investments plc Unsecured € 2025

109.500

0.00%

4.5% Izola Bank plc € Unsecured 2025

107.100

-0.01%

5.1% 6PM Holdings plc Unsecured € 2025

94.950

0.05%

4.5% Hili Properties plc Unsecured € 2025

103.700

-0.18%

4.5% Medserv plc Unsecured € 2026

100.000

0.01%

4% MIDI plc Secured € 2026

103.800

0.78%

4% International Hotel Investments plc Secured € 2026

103.500

0.00%

5% Dizz Finance plc Unsecured € 2026

103.500

0.00%

3.75% Premier Capital plc Unsecured € 2026

102.490

-0.98%

4% International Hotel Investments plc Unsecured € 2026

104.010

-0.05%

4.35% SD Finance plc Unsecured € 2027

104.000

0.00%

4% Eden Finance plc Unsecured € 2027

104.200

0.19%

3.75% Tumas Investments plc Unsecured € 2027

104.100

0.00%

4% Stivala Group Finance plc Secured € 2027

104.000

0.05%

3.5% Bank of Valletta plc € Notes 2030 S1 T1

100.000

-0.99%



The Government Stocks traded today were:

 

Closing Price

% Change

4.6% MGS 2020 (II)

108.380

0.01%

5% MGS 2021(I)

115.040

0.03%

4.3% MGS 2022 (II)

115.550

0.09%

5.1% MGS 2022(I)

119.630

0.06%

3.3% MGS 2024 (I)

116.220

-0.12%

4.5% MGS 2028 (II)

130.410

0.20%

2.3% MGS 2029 (II)

109.000

0.31%

5.25% MGS 2030 (I)

141.250

0.33%

4.65% MGS 2032 (I)

137.370

0.24%

4.3% MGS 2033 (I)

133.170

0.11%

4.1% MGS 2034 (I)

131.680

-0.17%

2.5% MGS 2036 (I)

109.380

0.35%

2.1% MGS 2039 (I)

101.890

0.38%

3% MGS 2040 (I)

117.760

0.35%

2.4% MGS 2041 (I)

106.900

0.38%



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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