Government Stocks drift lower

MSE Daily Trading Report, 12 March, 2019

Malta Government Stocks had a negative session today as from 11 active issues, ten traded lower and only one posted a marginal gain. The worst performer was the 2.1% MGS 2039 as it lost 0.68% in value to €106.The only exception was the 4.65% MGS 2032 which advanced 0.06% to €140.08.

On the corporate debt front, 16 issues were active of which gainers amounted to five and fallers totalled seven. The worst performance was registered by the 4.5% Hili Properties plc Unsecured € 2025 which was down 1.94% to €103. At the other end of the spectrum, the 4% MIDI plc Secured € 2026 gained 0.72% to €105.

The MSE Total Return Index also traded negatively today, as it lost 0.105% to close at 9,311.036 points. A total of 14 equities were active, of which four headed north and three drifted lower.A total turnover of €595,902was generated across 84 transactions.

Bank of Valletta plcregistered the only price movement in the banking industry, as it lost 2.34% to €1.25. In total, 144,158 shares traded across 21 deals.

In the same sector, FIMBank plc closed unchanged at $0.70 despite a turnover of 9,000 shares.

On top ofthe list of gainers wasGlobalCapitalplc as it soared 25% to end the session at €0.30. This was the result of two transactions of 1,200 shares.

Telecommunications company, GO plc traded nine times as 14,785 shares changed hands.As a result the share priceincreased by 0.4%to €4.98.

Mapfre Middlesea plcposted a solid gain of 3.64% to reach €2.28. This was the outcome of five deals of 35,008 shares.

A sole deal of 1,800 MaltaPost plc sharesshaved 0.79% off the share price, down to €1.26.

The worst performer of the session however, was Malita Investments plc as its share price dropped 6.77% to €0.895. Trading volume amounted to 68,683 shares over six deals.

Retail conglomerate, PG plc pushed on 1.47% to climb to €1.38. A total of six deals of a combined 14,250 hsares were executed.


The Equities traded today were:

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

144,158

181,405.02

21

1.250

-2.34%

MMS

35,008

80,238.32

5

2.280

3.64%

SFC

1,843

16,126.25

3

8.750

0.00%

GO

14,785

73,817.30

9

4.980

0.40%

IHI

51,241

39,642.98

7

0.780

0.00%

GCL

1,200

350.80

2

0.300

25.00%

FIM

9,000

5,602.99

2

0.700

0.00%

MIA

10,312

68,184.20

7

6.600

0.00%

MTP

1,800

2,268.00

1

1.260

-0.79%

MDI

5,000

3,200.00

1

0.640

0.00%

MLT

68,683

63,101.42

6

0.895

-6.77%

MPC

56,867

34,010.20

10

0.600

0.00%

PG

14,250

19,557.28

6

1.380

1.47%

BMIT

16,149

8,397.48

4

0.520

0.00%



The Corporate Bonds traded today were:

 

Closing Price

% Change

4.8% Bank of Valletta Plc Sub € 2020

102.500

0.00%

5.5% Pendergardens Developments plc Secured € 2020 Series I

102.700

-1.44%

5% GlobalCapital plc Unsecured € 2021

98.500

-0.71%

5% Mediterranean Investments Holding plc Unsecured € 2022

101.000

0.00%

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

104.500

0.67%

5.3% United Finance Plc Unsecured € Bonds 2023

105.700

-0.28%

4.5% Hili Properties plc Unsecured € 2025

103.000

-1.94%

4% MIDI plc Secured € 2026

105.000

0.72%

4% International Hotel Investments plc Secured € 2026

104.100

-0.14%

3.75% Premier Capital plc Unsecured € 2026

104.250

0.24%

4% International Hotel Investments plc Unsecured € 2026

103.000

0.00%

4% Eden Finance plc Unsecured € 2027

105.000

0.10%

4.5% Grand Harbour Marina plc Unsecured € 2027

104.600

-0.38%

3.75% Bortex Group Finance plc Unsecured € 2027

102.000

-0.97%

3.85% Hili Finance Company plc Unsecured € 2028

102.300

0.29%

4.15% Phoenicia Finance Company plc Unsecured € 2023-2028

104.900

0.00%



The Government Stocks traded today were:

 

Closing Price

% Change

5% MGS 2021(I)

112.200

-0.04%

4.3% MGS 2022 (II)

113.570

-0.05%

5.1% MGS 2022(I)

117.290

-0.06%

2.3% MGS 2029 (II)

111.600

-0.22%

5.25% MGS 2030 (I)

142.910

-0.22%

4.65% MGS 2032 (I)

140.080

0.06%

4.1% MGS 2034 (I)

134.880

-0.20%

2.5% MGS 2036 (I)

112.360

-0.52%

2.1% MGS 2039 (I)

106.000

-0.68%

3% MGS 2040 (I)

121.450

-0.36%

2.4% MGS 2041 (I)

110.400

-0.41%



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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