MSE Index posts minimal gains

MSE Daily Trading Report, November 28, 2018

The MSE Equity Total Return Index traded marginally in positive territory today as it was up 0.041% to close the session at 8,922.373. A total of nine equities were active during the session as gainers and fallers tallied to two apiece. A total turnover of €123,243 was generated over 22 transactions.

In the Banking sector, Bank of Valletta plc partially recovered from yesterday's session, as it regained 1.14% to recapture the €1.33 price level. Trading volume amounted to 18,000 shares over a couple of deals.

Its peer, HSBC Bank Malta plc traded flat at €1.80 over one deal of 5,000 shares.

A single transaction of 1,000 GO plc shares, shaved 0.51% off the share price, down to €3.94.

The largest price movement of the session was recorded by RS2 Software plc as it lost 2.56% in value to close at €1.14. In total, 28,500 shares were exchanged over four deals.

Malta Properties company plc also recorded four deals as 4,470 shares changed ownership.. The outcome was a 1.79% gain in price, reaching €0.57. 

Retail conglomerate PG plc closed unchanged at €1.36 despite generating a substantial turnover of €44,813 over seven deals.

 Elsewhere, Medserv plc, Grand Harbour Marina plc and Loqus Holdings plc all closed unchanged despite trading on slim volumes.

Yields in the Sovereign debt market were up as ten of the 15 active issues closed the session in negative territory while only four advanced. The lengest dated issue, the 2.4% MGS 2033 (I) registered the weakest performance of the session as it was down 0.29% to close the session at €104.20.

Performances in the corporate debt were balanced as gainers amounted to four and fallers amoutned to five. The most notable price movement was a 2.3% decline in the price of the 5.8% International Hotel Investments plc 2023.


The Equities traded today were:

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

18,000

23,790.00

2

1.330

1.14%

HSB

5,000

9,000.00

1

1.800

0.00%

GO

1,000

3,940.00

1

3.940

-0.51%

MDS

1,660

1,992.00

1

1.200

0.00%

GHM

580

423.40

1

0.730

0.00%

RS2

28,500

32,540.00

4

1.140

-2.56%

MPC

4,470

2,512.90

4

0.570

1.79%

PG

32,951

44,813.36

7

1.360

0.00%

LQS

60,446

4,231.22

1

0.070

0.00%



The Corporate Bonds traded today were:

 

Closing Price

% Change

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

100.650

0.00%

7.5% MeDirect Bank plc Subordinated EUR 2019

102.500

-0.49%

5.5% Mediterranean Investments Holding plc Unsecured € 2020

103.250

0.24%

5.8% International Hotel Investments plc 2023

106.000

-2.30%

6% International Hotel Investments plc € 2024

109.000

0.23%

5% Hal Mann Vella Group plc Secured € 2024

106.900

0.00%

6% MeDirect Bank plc Subordinated Unsecured € 2019-2024

101.500

-0.99%

5.1% 1923 Investments plc Unsecured € 2024

103.990

0.00%

5.75% International Hotel Investments plc Unsecured € 2025

106.000

-0.19%

4.5% Hili Properties plc Unsecured € 2025

103.750

0.00%

4.5% Medserv plc Unsecured € 2026

102.500

0.00%

4% MIDI plc Secured € 2026

105.000

0.00%

4% International Hotel Investments plc Secured € 2026

104.000

0.48%

4% Eden Finance plc Unsecured € 2027

104.000

0.00%

4% Stivala Group Finance plc Secured € 2027

104.000

-0.10%

3.75% Virtu Finance plc Unsecured € 2027

104.000

0.00%

3.85% Hili Finance Company plc Unsecured € 2028

102.500

0.01%

3.5% Bank of Valletta plc € Notes 2030 S1 T1

100.000

0.00%



The Government Stocks traded today were:

 

Closing Price

% Change

4.6% MGS 2020 (II)

106.350

-0.19%

5.2% MGS 2020 (I)

107.940

-0.10%

5% MGS 2021(I)

112.910

-0.03%

4.3% MGS 2022 (II)

113.580

-0.02%

5.1% MGS 2022(I)

117.300

0.09%

5.5% MGS 2023 (I)

122.290

-0.01%

3.3% MGS 2024 (I)

114.290

0.00%

5.25% MGS 2030 (I)

137.600

-0.12%

5.2% MGS 2031 (I)

139.060

0.19%

4.65% MGS 2032 (I)

133.660

0.13%

4.45% MGS 2032 (II)

131.090

0.14%

4.1% MGS 2034 (I)

128.370

-0.20%

2.5% MGS 2036 (I)

106.490

-0.01%

2.1% MGS 2039 (I)

102.400

-0.10%

2.4% MGS 2041 (I)

104.200

-0.29%



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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