Positive investor sentiment persists

MSE Daily Trading Report, September 6, 2018

The MSE Equity Total Return Index continued onits recent impressive run, as it logged another solid performance, gaining 0.789% to reach 8,637.299. A total of nine equities were active of which four headed northwhile two closed lower. A turnover of €360,342 was generated across 47 transactions.

In the banking sector, the marginal gain recorded by Bank of Valletta plc during the previous session proved unsustainable as the share price returned to the €1.50 level, translating to a 0.66% loss in value. The equity recorded 12 deals in which 29,498 shares were exchanged.

Its peer, HSBC Bank Malta plc was the best performer the session, as it climbed a substantial 4.09% to €1.78. In total, ten deals of a combined 19,493 shares were executed.

In the same sector, Fimbank plc traded flat at €0.59 on slim volume.

International Hotel Investments plc was up 1.61% to a price of €0.63 as a result of one large transaction worth €60,307.

Malta International Airport plc was the most liquid equity as 33,717 shares changed hands across 15 deals. The outcome was a 1.77% increase in price, closing at €5.75.

A single transaction of 2,000 Malta Properties company plc shares was executed at €0.51, pushing the price upwards by 2%.

In the retail sector, PG plc traded 1.45% lower at €1.36, across three trades of a combined 14,920 shares.

Yields in the sovereign debt market were generally up, as seven issues closed lower, two posted gains, while another one closed unchanged. The worst performer was the 4.5% MGS 2028, which drifted 0.16% lower to €128. At the other end of the spectrum, the 2.1% MGS 2039 climbed 0.15% to €100.15.

In the corporate debt market, from the 20 active issues, five closed in the red and ten headed north. The weakest performance was registered by the 4.5% Hili Properties plc Unsecured € 2025, as the bond lost 1.06% in value, to close the session at €103. Conversely, the 4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026 headed the list of gainers, as a 2.46% appreciation was recorded, to close at €104.


The Equities traded today were:

Symbol Code

Volume Traded

Value Traded

 

Trades

Closing Price

% Change

BOV

29,498

44,432.32

12

1.500

-0.66%

HSB

19,493

34,121.75

10

1.780

4.09%

IHI

95,725

60,306.75

1

0.630

1.61%

FIM

4,109

2,093.17

1

0.590

0.00%

MIA

33,717

192,745.25

15

5.750

1.77%

MDI

108

61.56

1

0.570

0.00%

MLT

6,000

5,220.00

3

0.870

0.00%

MPC

2,000

1,020.00

1

0.510

2.00%

PG

14,920

20,341.20

3

1.360

-1.45%



The Corporate Bonds traded today were:

 

Closing Price

% Change

3.5% Simonds Farsons Cisk plc Unsecured € 2027

104.850

0.10%

4.8% Bank of Valletta Plc Sub € 2020

101.400

0.00%

4.25% GAP Group plc Secured € 2023

104.000

0.24%

5.8% International Hotel Investments plc 2023

108.000

2.27%

6% AX Investments Plc € 2024

112.000

0.00%

5.1% 1923 Investments plc Unsecured € 2024

103.600

0.00%

4.5% Izola Bank plc € Unsecured 2025

107.000

0.00%

5.1% 6PM Holdings plc Unsecured € 2025

100.000

0.00%

4.5% Hili Properties plc Unsecured € 2025

103.000

-1.06%

4.5% Medserv plc Unsecured € 2026

99.990

-0.01%

4.25% Corinthia Finance plc Unsecured € 2026

106.000

2.17%

5% Dizz Finance plc Unsecured € 2026

104.690

0.66%

4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026

104.000

2.46%

3.75% Premier Capital plc Unsecured € 2026

103.800

-0.18%

4.35% SD Finance plc Unsecured € 2027

104.500

-0.05%

3.75% Tumas Investments plc Unsecured € 2027

106.000

1.83%

4% Stivala Group Finance plc Secured € 2027

104.250

-0.71%

3.75% Bortex Group Finance plc Unsecured € 2027

103.510

0.01%

3.85% Hili Finance Company plc Unsecured € 2028

103.500

0.11%

4% Exalco Finance plc Secured € 2028

105.000

0.29%



The Government Stocks traded today were:

 

Closing Price

% Change

4.3% MGS 2022 (II)

114.450

-0.06%

4.8% MGS 2028 (I)

130.600

0.04%

4.5% MGS 2028 (II)

128.000

-0.16%

2.3% MGS 2029 (II)

107.000

-0.04%

4.3% MGS 2033 (I)

130.210

-0.12%

4.1% MGS 2034 (I)

129.000

-0.14%

2.5% MGS 2036 (I)

106.940

-0.11%

2.1% MGS 2039 (I)

100.150

0.15%

3% MGS 2040 (I)

115.130

-0.03%

2.4% MGS 2041 (I)

104.180

0.00%



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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