Positive sentiment sends local equities higher

MSE Daily Trading Report, August 08, 2018

The MSE Total Return Index gained 0.373% to close the day at 8,690.088 points. Eight equities were active as five securities registered a positive price movement while no equity posted a loss. Turnover value across the equities’ market reached €299,179 as 38 transactions were executed.

In the banking industry, Bank of Valletta plc partially recovered yesterday’s session as it bounced back 1.29% to close at €1.57. A total of 12 deals of a combined 42,588 shares were recorded.

In the same sector,FIMBank plc gained 0.93% to reach the price of €0.545. A couple of transactions of 5,380 shares were registered.

Medserv plcalso traded in positive territory as its share price was up 0.91% as a result of five deals of a combined 22,600 shares.

The most liquid equity was MIDI plc as 150,000 shares changed hands over four transactions. The outcome was a 0.42% increase in price to €0.48.

The best performer was retail conglomerate, PG plc as it posted a gain of 1.49% to €1.36. Trading volume totalled 53,500 shares.

Elsewhere, GO plc, Malta International Airport plc, and Malita Investments plc all closed unchanged.

In the sovereign debt market, yields were generally higher as eight issues decreased in value, while only three headed north. The long-dated 2.4% MGS 2041 topped the list of fallers as it lost 0.44% to €105.04. On the other hand, the 5% MGS 2021 was 0.09% higher at €114.64.

Turnover in the corporate debt market reached €463,572 as 20 issues were active. The best performer was the 5.75% Medserv plc Unsecured USD 2026 which gained 2% to close at €102. On a negative note, 4.5% Medserv plc Unsecured € 2026 declined by 2.44% to close at par.

 


The Equities traded today were:

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

42,588

66,200.65

12

1.570

1.29%

GO

2,950

9,969.00

3

3.380

0.00%

FIM

5,380

2,527.24

2

0.545

0.93%

MIA

4,855

27,598.50

5

5.700

0.00%

MDS

22,600

23,282.00

5

1.110

0.91%

MDI

150,000

71,900.00

4

0.480

0.42%

MLT

30,000

26,100.00

2

0.870

0.00%

PG

53,500

71,602.00

5

1.360

1.49%



The Corporate Bonds traded today were:

 

Closing Price

% Change

3.5% Simonds Farsons Cisk plc Unsecured € 2027

106.500

0.47%

5.35% Bank of Valletta plc Sub € 2019

100.250

-1.23%

6% Medserv plc Sec. & Grntd €  Notes 2020-2023 S1 T1

103.500

0.50%

4.4% Von der Heyden Group Finance plc Unsecured € 2024

102.750

0.24%

5.3% Mariner Finance plc Unsecured € 2024

110.000

0.46%

5% Hal Mann Vella Group plc Secured Bonds € 2024

106.800

0.00%

4.5% Medserv plc Unsecured € 2026

100.000

-2.44%

5.75% Medserv plc Unsecured USD 2026

102.000

2.00%

4.35% Hudson Malta plc Unsecured € 2026

104.490

-0.01%

4% MIDI plc Secured € 2026

104.520

0.00%

3.75% Premier Capital plc Unsecured € 2026

103.000

0.00%

4.35% SD Finance plc Unsecured € 2027

104.000

-0.95%

4% Eden Finance plc Unsecured € 2027

105.000

0.00%

3.75% Tumas Investments plc Unsecured € 2027

104.120

-0.36%

4.5% Grand Harbour Marina plc Unsecured € 2027

103.950

0.00%

4% Stivala Group Finance plc Secured € 2027

103.900

0.00%

3.75% Virtu Finance plc Unsecured € 2027

103.990

0.23%

3.75% Bortex Group Finance plc Unsecured € 2027

103.950

0.00%

3.85% Hili Finance Company plc Unsecured € 2028

102.390

0.63%

3.5% Bank of Valletta plc € Notes 2030 S1 T1

100.250

0.00%



The Government Stocks traded today were:

 

Closing Price

% Change

6.6% MGS 2019

107.070

-0.03%

4.6% MGS 2020 (II)

107.980

-0.10%

5% MGS 2021(I)

114.640

0.09%

4.3% MGS 2022 (II)

114.980

0.03%

4.5% MGS 2028 (II)

128.800

-0.17%

2.3% MGS 2029 (II)

107.640

-0.18%

5.25% MGS 2030 (I)

139.480

0.06%

4.1% MGS 2034 (I)

130.180

-0.09%

2.5% MGS 2036 (I)

107.690

-0.09%

3% MGS 2040 (I)

115.600

-0.23%

2.4% MGS 2041 (I)

105.040

-0.44%



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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