MSE Index continues to trade in positive territory

MSE Daily Trading Report, 16 July, 2019

The MSE Equity Total Return Index continued to trade in positive territory as it added a further 0.464% to yesterday’s minimal gain, to reach 9,755.37 points. A total of 51 transactions were recorded, as investor participation was significantly down from the previous session. A turnover of €274,034 was generated by the 11 active equities, of which four headed north and two traded lower.

The best performer of the session was Mapfre Middlesea plc, as it posted a gain of 2.73% to close at €2.26. An unimpressive turnover of €2,109 was generated across a couple of transactions.

Its peer in the insurance sector, GlobalCapital plc was at the other end of the spectrum, as a single transaction of just 120 shares, shaved 5.3% from the share price to €0.25.

The most liquid equity was Bank of Valletta plc (BOV), as 97,728 shares changed hands across 23 transactions. The outcome was a 1.79% increase in value to €1.14. BOV was the only active equity in the banking industry.

Elsewhere, telecommunications company, GO plc, registered three transactions of 12,350 shares, all of which were executed at an unchanged price of €4.58.

Malta International Airport plc climbed a solid 1.45%, as a result of just one trade of 1,000 shares. Yesterday, after market close, the company announced that its Board of directors is scheduled to meet on July 25, 2019, in order to consider and approve the Interim Financial Statements for the first half of 2019.

In the property sector, Tigne Mall plc also traded in positive territory, as the share price advanced 2.27% to €0.90. Trading volume amounted to 50,875 shares over seven deals.

Its peer, Malita Investments plc closed unchanged at €0.86, despite generating a turnover of €7,556 over four deals.

Similarly, a sole deal of 1,500 Plaza Centres plc shares had no bearing on the share price of €1.00.

Trident Estates plc was also active but traded flat at €1.92 over one deal of 3,024 shares.

RS2 Software plc edged 1.09% lower to a price of €1.81. This was the result of five transactions of a combined 14,000 shares.

The local postal operator, MaltaPost plc traded three times as 10,100 shares changed ownership. The share price, temporarily reached €1.31, before retracting to an unchanged price of €1.29.

In theCorporate Bonds Market,€239,039 worth of bonds were traded across 16 issues. The top performer was the 5% GlobalCapital plc Unsecured € 2021 as it was up 1.26% to a price of €100.25. On the other hand, the 5% Mediterranean Investments Holding plc Unsecured € 2022 lost 1.46% to €100.01.

Performances in theSovereign Bond Market were in the balance, as gainers and fallers both amounted to eight issues. The 3% MGS 2040 (I) traded heavily, as a turnover of over €1.5 million was generated over ten deals. The substantial supply in the MGS dragged the price 0.74% lower, to €130.63. On a positive note, the 2.1% MGS 2039 was up 0.91% to €115.12.


The Equities traded today were:

Symbol Code

Volume Traded

Value Traded

Trades

Closing Price

% Change

BOV

97,728

110,475.64

23

1.140

1.79%

MMS

933

2,108.58

2

2.260

2.73%

GO

12,350

56,563.00

3

4.580

0.00%

PZC

1,500

1,500.00

1

1.000

0.00%

GCL

120

30.00

1

0.250

-5.30%

MIA

1,000

7,000.00

1

7.000

1.45%

MTP

10,100

13,179.00

3

1.290

0.00%

RS2

14,000

25,047.48

5

1.810

-1.09%

MLT

8,800

7,555.50

4

0.860

0.00%

TML

50,875

44,768.75

7

0.900

2.27%

TRI

3,024

5,806.08

1

1.920

0.00%



The Corporate Bonds traded today were:

 

Closing Price

% Change

5% GlobalCapital plc Unsecured € 2021

100.250

1.26%

3.65% GAP Group plc Secured € 2022

101.990

0.00%

5% Mediterranean Investments Holding plc Unsecured € 2022

100.010

-1.46%

6% Pendergardens Developments plc Secured € 2022 Series II

110.000

-0.68%

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

102.000

0.99%

4.25% GAP Group plc Secured € 2023

105.000

0.00%

6% International Hotel Investments plc € 2024

105.500

-0.47%

5% Hal Mann Vella Group plc Secured € 2024

105.000

0.95%

5.1% 1923 Investments plc Unsecured € 2024

102.000

0.39%

5.75% International Hotel Investments plc Unsecured € 2025

104.250

-0.14%

4.5% Hili Properties plc Unsecured € 2025

102.700

0.00%

4% MIDI plc Secured € 2026

104.250

-1.18%

4% International Hotel Investments plc Secured € 2026

103.000

0.49%

3.75% Mercury Projects Finance plc Secured € 2027

102.490

0.48%

4.4% Central Business Centres plc Unsecured € 2027 S1/17 T1

102.500

-0.87%

4.25% Mercury Projects Finance plc Secured € 2031

104.000

0.00%



The Government Stocks traded today were:

 

Closing Price

% Change

5% MGS 2021(I)

110.730

0.21%

4.3% MGS 2022 (II)

112.640

-0.04%

5.1% MGS 2022(I)

116.220

-0.03%

5.5% MGS 2023 (I)

122.340

0.09%

4.8% MGS 2028 (I)

139.340

-0.20%

4.5% MGS 2028 (II)

136.600

0.26%

2.3% MGS 2029 (II)

117.330

0.38%

5.25% MGS 2030 (I)

148.430

0.30%

5.2% MGS 2031 (I)

151.360

0.49%

4.3% MGS 2033 (I)

144.010

-0.57%

4.1% MGS 2034 (I)

142.740

-0.65%

2.2% MGS 2035 (I)

116.750

-0.33%

2.5% MGS 2036 (I)

121.720

-1.23%

2.1% MGS 2039 (I)

115.120

0.91%

3% MGS 2040 (I)

130.630

-0.74%

2.4% MGS 2041 (I)

121.270

0.16%



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]

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