MSE Index drifts further lower

MSE Daily Trading Report, September 11, 2018

The MSE Equity Total Return Index drifted 0.094% lower to close at 8,629.229 points. A total of seven equites were active of which three registered a gain, while another two declined. A total of 35 trades generated a turnover of €298,934.

In the banking sector, Bank of Valletta plc was the most traded equity as 86,585 shares changed hands across 19 deals. The outcome was a 1% increase in value, closing at a price of €1.515.

In the same sector, the price FIMBank plc moved in the opposite direction as a single traded of 8,753 shares was executed at a price of $0.575, translating to a loss in value of 2.54%.

The largest price movement was that of Simonds Farsons Cisk plc, as its share price declined by 5.88% to €7.20. This was the result of a couple of trades of 1,300 shares.

GO plcenjoyed a solid session as it posted a gain of 1.16%, to close at €3.48. The equity traded heavily as five transactions of a combined 34,588 shares were recorded.

Malta International Airport plcclimbed 0.86% to €5.85, as five trades were recorded, in which 5,528 shares were exchanged.

Elsewhere, RS2 Software plc and Malta Properties plc were active on slim volumes but both closed unchanged at €1.18 and €0.50 respectively.

Yields in the Sovereign Debt market were up as six of the seven active issues traded lower. The2.1% MGS 2039 (I) and the 4.3% MGS 2022 (II) registered the largest falls in price, as they both depreciated by 0.1% to €100.38 and €114.39 respectively. The 4.3% MGS 2033 (I) however, recorded a positive movement of 0.47%, closing at €130.81.

In the Corporate Debt market, a total of 23 issues where active of which seven closed higher, and four headed south. The 4.8% Bank of Valletta Plc Sub € 2020 topped the list of fallers as it closed 1.92% lower at €101.51. At the other end of the spectrum, the 3.75% Bortex Group Finance plc Unsecured € 2027 climbed 1.42% to a price of €104.98.


The Equities traded today were:

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

86,585

128,981.84

19

1.515

1.00%

SFC

1,300

9,360.00

2

7.200

-5.88%

GO

34,588

119,694.48

5

3.480

1.16%

FIM

8,753

4,349.65

1

0.575

-2.54%

MIA

5,528

32,179.10

5

5.850

0.86%

RS2

3,279

3,869.22

2

1.180

0.00%

MPC

1,000

500.00

1

0.500

0.00%



The Corporate Bonds traded today were:

 

Closing Price

% Change

4.25% Bank of Valletta plc € Notes 2019 Series 2 Tranche 1

101.250

0.00%

4.8% Bank of Valletta Plc Sub € 2020

101.510

-1.92%

5.8% International Hotel Investments plc 2021

105.500

0.00%

5.75% Central Business Centres plc Unsecured € 2021 S1T1

104.980

0.17%

6% AX Investments Plc € 2024

111.500

0.00%

4.4% Von der Heyden Group Finance plc Unsecured € 2024

103.000

0.00%

6% International Hotel Investments plc € 2024

109.500

0.46%

5.1% 1923 Investments plc Unsecured € 2024

103.800

0.00%

5.1% 6PM Holdings plc Unsecured € 2025

100.500

-0.50%

4.5% Medserv plc Unsecured € 2026

102.000

0.00%

4.35% Hudson Malta plc Unsecured € 2026

104.900

0.19%

4% International Hotel Investments plc Secured € 2026

105.000

0.91%

3.75% Premier Capital plc Unsecured € 2026

104.000

0.00%

4% International Hotel Investments plc Unsecured € 2026

104.000

0.00%

4% Eden Finance plc Unsecured € 2027

105.250

0.00%

5% MeDirect Bank Plc Subordinated Unsecured € 2022-2027

103.500

0.00%

4% Stivala Group Finance plc Secured € 2027

104.250

-1.18%

3.75% Virtu Finance plc Unsecured € 2027

104.500

0.48%

3.75% Bortex Group Finance plc Unsecured € 2027

104.980

1.42%

3.85% Hili Finance Company plc Unsecured € 2028

102.500

-1.35%

4% Exalco Finance plc Secured € 2028

105.750

0.71%

3.5% Bank of Valletta plc € Notes 2030 S1 T1

101.000

0.00%

3.5% Bank of Valletta plc € Notes 2030 S2 T1

100.000

0.00%



The Government Stocks traded today were:

 

Closing Price

% Change

4.3% MGS 2022 (II)

114.390

-0.10%

4.5% MGS 2028 (II)

128.020

-0.09%

4.65% MGS 2032 (I)

134.450

-0.04%

4.45% MGS 2032 (II)

131.810

-0.30%

4.3% MGS 2033 (I)

130.810

0.47%

4.1% MGS 2034 (I)

129.350

-0.04%

2.1% MGS 2039 (I)

100.380

-0.10%



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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