MSE Index registers a marginal decline

MSE Daily Trading Report, 15 April, 2020

The MSE Equity Total Return Index ended the session 0.286% lower as it reached 8,000.288 points. Nine equities were active, of which three registered gains while another two closed in negative territory. A total turnover of €239,910 was generated over 43 transactions.

A sole deal of 968 HSBC Bank Malta plc shares pushed price 1.05% higher to €0.96. The bank registered a slim turnover.  Conversely, its peer, Bank of Valletta plc, declined by 1.94%, as it ended the session at the €1.01 price level. Five deals involving 6,603 shares generated a total turnover of €6,675.

Malta International Airport plc was the most liquid equity as total turnover stood at €65,983. A total of 13,303 shares changed hands over 14 transactions, which did not impact the equity’s previous closing price of €4.96.

Two equities were active in the property sector of which both ended the session in the green. Malta Properties Company plc advanced by 2.04% to €0.50 as three deals involving 2,383 shares were executed. Total turnover amounted to €1,187.

Similarly, one deal of 8,333 shares resulted into a 3.13% increase in Trident Estates plc’s price. The equity ended the session at €1.32 and a total turnover of €11,000 was recorded.

Simonds Farsons Cisk plc traded once on slim volume, resulting into a 2.17% decline, to close at €9.00. The equity generated a slim turnover.

Retail conglomerate, PG plc, executed 33,753 shares spread across three transactions. The equity closed unchanged at €1.69 and registered a total turnover of €57,043.

RS2 Software plc, traded 11 times over a mix of 30,500 shares but closed flat at €1.93. Total turnover amounted to €58,035.

On a similar note, BMIT Technologies plc was also active but closed unchanged at €0.49. A total turnover of €38,078 was generated as 77,711 shares changed hands over four deals.

In the Sovereign Debt market, out of 10 active issues, six advanced while two lost ground. The best performer was the 4.1% MGS 2034 (I) as it registered a 1.37% increase, ending the session at €148.00. Meanwhile, the 2.1% MGS 2039 (I) lost 0.39%, to close at €129.00.

In the Corporate Debt market, 27 issues were active, of which 10 headed north while another 12 closed in the opposite direction. The 3.75% Premier Capital plc Unsecured € 2026 headed the list of gainers as it closed 4.21% higher at €99.00. Conversely, the 5.5% Mediterranean Investments Holding plc Unsecured € 2020 closed 7% lower at €93.00.

In the Prospects MTF market, two issues were active. The 4.25% Calamatta Cuschieri Finance plc Unsec Call 2024-2026 closed 0.01% higher, to close at par. On the other hand, the 5% The Convenience Shop Holding plc Unsec Call € 2026-2029 traded 0.05% lower at €99.95.

 

The Equities traded today were:

Symbol Code Volume Traded Value Traded Trades Closing Price % Change
BOV 6,603 6,675.06 5 1.010 -1.94
HSB 968 929.28 1 0.960 1.05
SFC 109 981.00 1 9.000 -2.17
MIA 13,303 65,982.88 14 4.960 0.00
RS2 30,500 58,035.00 11 1.930 0.00
MPC 2,383 1,186.70 3 0.500 2.04
PG 33,753 57,042.57 3 1.690 0.00
TRI 8,333 10,999.56 1 1.320 3.13
BMIT 77,711 38,078.39 4 0.490 0.00

The Corporate Bonds traded today were:

  Closing Price % Change
5.5% Mediterranean Investments Holding plc Unsecured € 2020 93.000 -7.00
5% Mediterranean Investments Holding plc Unsecured € 2022 92.000 -5.64
6% Pendergardens Developments plc Secured € 2022 Series II 100.450 0.05
4.25% GAP Group plc Secured € 2023 100.000 -0.99
6% AX Investments Plc € 2024 102.010 0.00
6% International Hotel Investments plc € 2024 98.750 -0.25
5.3% Mariner Finance plc Unsecured € 2024 103.500 3.50
5% Tumas Investments plc Unsecured € 2024 101.000 -1.08
5% Hal Mann Vella Group plc Secured € 2024 102.500 -0.49
5.1% 1923 Investments plc Unsecured € 2024 95.550 -0.46
4.5% Hili Properties plc Unsecured € 2025 95.000 -3.05
4% MIDI plc Secured € 2026 100.200 1.21
4% International Hotel Investments plc Secured € 2026 98.490 0.50
3.75% Premier Capital plc Unsecured € 2026 99.000 4.21
3.25% AX Group plc Unsec Bds 2026 Series I 101.000 1.00
4% International Hotel Investments plc Unsecured € 2026 98.150 -0.24
3.75% Mercury Projects Finance plc Secured € 2027 99.000 2.06
4.35% SD Finance plc Unsecured € 2027 97.000 0.00
4.4% Central Business Centres plc Unsecured € 2027 S1/17 T1 97.950 0.98
4.5% Grand Harbour Marina plc Unsecured € 2027 100.000 0.00
3.5% Simonds Farsons Cisk plc Unsecured € 2027 105.000 0.00
4% Stivala Group Finance plc Secured € 2027 99.000 0.76
3.75% Virtu Finance plc Unsecured € 2027 100.000 0.00
3.75% Bortex Group Finance plc Unsecured € 2027 97.000 -2.97
3.85% Hili Finance Company plc Unsecured € 2028 95.000 1.06
4% Exalco Finance plc Secured € 2028 98.000 -2.00
3.5% Bank of Valletta plc € Notes 2030 S2 T1 99.000 -1.00

The Government Stocks traded today were:

  Closing Price % Change
4.8% MGS 2028 (I) 135.900 -0.12
5.25% MGS 2030 (I) 146.500 0.25
5.2% MGS 2031 (I) 150.370 0.00
4.65% MGS 2032 (I) 148.500 1.21
4.45% MGS 2032 (II) 145.000 0.24
4.1% MGS 2034 (I) 148.000 1.37
2.5% MGS 2036 (I) 132.000 0.76
2.1% MGS 2039 (I) 129.000 -0.39
3% MGS 2040 (I) 145.000 0.00
2.4% MGS 2041 (I) 136.000 0.37

The Prospects MTF bonds traded today were:

  Closing Price % Change
5% The Convenience Shop Holding plc Unsec Call € 2026-2029 99.950 -0.05%
4.25% Calamatta Cuschieri Finance plc Unsec Call 2024-2026 100.000 0.01%

 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].