HSBC pushes index upwards by 0.222%

The MSE Total Return Index closed the session 0.222% higher at 8,901.802 points on a relatively quiet day in the equities market. Just six equities were active, of which one traded lower and another one posted a gain. Total turnover generated totalled €255,162, as 21 deals of a combined 131,143 shares were executed.

The driver for this performance was HSBC Bank Malta plc as it registered the only positive movement of the session, a 1.74% increase in value to reach the price of €1.75. A total of 94,192 shares changed hands across seven deals.

Its peer, Bank of Valletta plc oscillated between €1.27 and €1.28 across four trades of 18,625 shares, ultimately closing unchanged at €1.28.

On the other hand, the only negative movement was recorded by MaltaPost plc as the share price lost 2.34% to settle at €1.25. This was the outcome of two deals of a combined 2,000 shares.

Meanwhile, a couple of transactions of 9,400 RS2 Software plc shares had no impact on the share price of €1.47.

In the food and beverage sector, Simonds Farsons Cisk plc traded flat at €8.00 over three deals of 3,750 shares.

Similarly, Malta International Airport plc traded flat at €6.35 despite a traded volume of 3,176 shares over three trades,

The Sovereign bond market performance was predominantly positive, as seven issues closed higher and four traded lower. The 4.65% MGS 2032 (I) registered the weakest performance during the session - closing 0.36% lower, at €138. At the other end of the spectrum, the 3.3% MGS 2024 (I) posted a gain of 0.92% to close at€130.67.

In the corporate debt market, activity was spread across 21 issues, as gainers amounted to five and fallers tallied to six. A single trade of €30,000 nominal 6% Pendergardens Developments plc Secured € 2022 Series II pushed the price 0.45% lower, to close at €103.60. On the other hand, a sole deal on slim volume in the4% Eden Finance plc Unsecured € 2027 shaved 1.28% off the bond price, to €103.60 .

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	12,050	20,846.50	3	1.730	-1.14%
HSB	2,500	4,575.00	1	1.830	1.10%
SFC	1,653	3,202.50	2	1.940	2.11%
MIA	10,000	34,000.00	1	3.400	0.00%
MTP	8,594	5,843.92	3	0.680	-0.73%
RS2	1,724	534.56	3	0.320	-5.88%

The Corporate Bonds traded today were:

	*Closing Price*	*% Change*
5.5% Pendergardens Developments plc Secured € 2020 Series I	104.200	0.05%
6% Pendergardens Developments plc Secured € 2022 Series II	110.500	0.45%
6% Medserv plc Sec. & Grntd € Notes 2020-2023 S1 T1	102.100	0.00%
6% AX Investments Plc € 2024	111.550	0.04%
4.4% Von der Heyden Group Finance plc Unsecured € 2024	103.400	0.40%
5.3% Mariner Finance plc Unsecured € 2024	110.740	0.00%
5% Tumas Investments plc Unsecured € 2024	108.500	-0.76%
5.1% 1923 Investments plc Unsecured € 2024	102.500	-0.05%
4.25% Best Deal Properties Holding plc Secured € 2024	103.000	-0.94%
5.1% 6PM Holdings plc Unsecured € 2025	102.500	0.00%
4.5% Hili Properties plc Unsecured € 2025	105.000	0.00%
5.25% Central Business Centres plc Unsecured € 2025 S2T1	105.000	-0.94%
4% MIDI plc Secured € 2026	104.000	0.00%
4% International Hotel Investments plc Secured € 2026	104.500	0.00%
3.9% Plaza Centres plc Unsecured € 2026	101.570	0.01%
4% Eden Finance plc Unsecured € 2027	103.600	-1.28%
4% Stivala Group Finance plc Secured € 2027	104.200	0.00%
3.75% Virtu Finance plc Unsecured € 2027	104.300	0.00%
3.85% Hili Finance Company plc Unsecured € 2028	102.370	-0.08%
4.15% PHoenicia Finance Company plc Unsecured € 2023-2028	104.000	0.00%
3.5% Bank of Valletta plc € Notes 2030 S1 T1	100.000	0.00%

The Government Stocks traded today were:

	*Closing Price*	*% Change*
3% MGS 2019 (III)	101.970	-0.13%
5% MGS 2021(I)	112.440	-0.11%
1.4% MGS 2023 (III)	105.230	0.13%
3.3% MGS 2024 (I)	116.060	0.92%
4.5% MGS 2028 (II)	130.740	0.03%
2.3% MGS 2029 (II)	110.460	0.38%
5.25% MGS 2030 (I)	141.790	0.13%
4.65% MGS 2032 (I)	138.000	-0.36%
4.1% MGS 2034 (I)	133.620	0.00%
2.5% MGS 2036 (I)	111.540	-0.10%
2.1% MGS 2039 (I)	104.250	0.12%
3% MGS 2040 (I)	119.960	0.13%

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 [email protected]