MSE Index heads north
MSE Daily Trading Report, 08 June 2020
The MSE Equity Total Return Index started off the week on a positive note as it closed 0.347% higher at 8,351.781 points. A total of 13 equities were active, of which six registered gains while another five lost ground. A total turnover of €138,450 was generated across 50 transactions.
Bank of Valletta plc enjoyed a positive session as it reached the €1.02 price level, translating into a 2% change in price. A total of 24,867 shares were spread over 14 deals, worth €25,354.
Its peer, HSBC Bank Malta plc, closed in the red at €0.96, equivalent to a 2.04% decline. Five deals involving 12,359 shares generated a total turnover of €11,981.
Another positive performer was Malta International Airport plc, which was the most liquid equity with a total turnover of €34,973. The price was up by 1.74% to €5.85 as 6,120 shares changed hands across 10 transactions.
BMIT Technologies plc recorded a positive 0.82% movement in price, as it closed at €0.49. Five deals involving 37,257 shares were executed, worth €18,165. Meanwhile, a sole deal of 300 GO plc shares dragged the price by 0.56% into the red. The equity generated a total turnover of €1,074 as price declined to €3.58.
Meanwhile, RS2 Software plc was active but closed unchanged at €2.30. A total turnover of €6,031 was generated as 2,622 shares were spread across three transactions.
Four deals involving 17,964 International Hotel Investments plc shares pushed the price 0.85% higher to €0.59. A total turnover of €10,552 was recorded.
In the property sector, five equities were active. A single transaction of 5,000 MIDI plc shares resulted into a 2.63% increase in price, to close at €0.39. Similarly, Tigne’ Mall plc was up by 2.5% as one deal of 5,000 shares was executed. The equity ended the session at €0.82 as total turnover stood at €4,100.
Conversely, Malta Properties Company plc closed in negative territory at €0.60, translating into a 3.23% change in price. Total turnover amounted to €6,187 as 10,301 share changed hands across three transactions. Similarly, Trident Estates plc was down by 0.65% to €1.54 over one deal of 2,587 shares. A total turnover of €3,984 was generated.
Malita Investment plc was active but closed unchanged at €0.89. One deal of 10,000 shares generated a total turnover of €8,900.
A single deal of 8,000 Medserv plc shares dragged the price by 2.99% into the red. The equity closed at €0.65 while total turnover amounted to €5,200.
In the Sovereign Debt market, seven issues were active, of which three headed north while the rest closed in the opposite direction. The 2.4% MGS 2041 (I) headed the list of gainers as it closed 0.81% higher at €124.00. On the other hand, the 4.65% MGS 2032 (I) declined by 2.67%, ending the session at €146.00.
In the Corporate Debt market, out of 22 active issues, nine advanced while four traded lower. The best performance was recorded by the 6% Medserv plc Sec. & Grntd € Notes 2020-2023 S1 T1 as it closed 2.78% higher at €99.70. Conversely, the 4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026 lost 0.92%, to close at €97.00.
In the Prospects MTF market, four issues were active. The 5% Busy Bee Finance Company plc Unsecured € 2029 was the only positive performer as it closed 1.49% higher, reaching the €102 price level.
The Equities traded today were:
| Symbol Code | Volume Traded | Value Traded | Trades | Closing Price | % Change |
| BOV | 24,867 | 25,354.09 | 14 | 1.020 | 2.00 |
| HSB | 12,359 | 11,981.05 | 5 | 0.960 | -2.04 |
| GO | 300 | 1,074.00 | 1 | 3.580 | -0.56 |
| IHI | 17,964 | 10,551.74 | 4 | 0.590 | 0.85 |
| MIA | 6,120 | 34,973.00 | 10 | 5.850 | 1.74 |
| MDS | 8,000 | 5,200.00 | 1 | 0.650 | -2.99 |
| RS2 | 2,622 | 6,030.60 | 3 | 2.300 | 0.00 |
| MDI | 5,000 | 1,950.00 | 1 | 0.390 | 2.63 |
| MLT | 10,000 | 8,900.00 | 1 | 0.890 | 0.00 |
| TML | 5,000 | 4,100.00 | 1 | 0.820 | 2.50 |
| MPC | 10,301 | 6,186.62 | 3 | 0.600 | -3.23 |
| TRI | 2,587 | 3,983.98 | 1 | 1.540 | -0.65 |
| BMIT | 37,257 | 18,165.10 | 5 | 0.490 | 0.82 |
The Corporate Bonds traded today were:
| Closing Price | % Change | |
| 5.8% International Hotel Investments plc 2021 | 100.500 | 0.50 |
| 5% Mediterranean Investments Holding plc Unsecured € 2022 | 97.600 | 0.00 |
| 6% Medserv plc Sec. & Grntd € Notes 2020-2023 S1 T1 | 99.700 | 2.78 |
| 6% AX Investments Plc € 2024 | 103.750 | 0.73 |
| 4.4% Von der Heyden Group Finance plc Unsecured € 2024 | 100.000 | 1.78 |
| 6% International Hotel Investments plc € 2024 | 102.000 | 0.00 |
| 5.1% 1923 Investments plc Unsecured € 2024 | 98.250 | 0.00 |
| 4.25% Best Deal Properties Holding plc Secured € 2024 | 102.500 | 0.00 |
| 5.1% 6PM Holdings plc Unsecured € 2025 | 99.900 | 0.00 |
| 5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 | 98.000 | 0.00 |
| 4% MIDI plc Secured € 2026 | 101.000 | 0.00 |
| 4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026 | 97.000 | -0.92 |
| 3.75% Premier Capital plc Unsecured € 2026 | 101.200 | 0.19 |
| 4% International Hotel Investments plc Unsecured € 2026 | 99.990 | -0.01 |
| 3.75% Mercury Projects Finance plc Secured € 2027 | 99.990 | 0.04 |
| 3.75% Tumas Investments plc Unsecured € 2027 | 101.000 | 0.50 |
| 4% Stivala Group Finance plc Secured € 2027 | 102.000 | 0.99 |
| 3.75% Bortex Group Finance plc Unsecured € 2027 | 102.000 | 0.98 |
| 3.85% Hili Finance Company plc Unsecured € 2028 | 99.000 | 0.00 |
| 4% SP Finance plc Secured EUR Bonds 2029 | 100.500 | -0.50 |
| 3.65% Stivala Group Finance plc Secured € 2029 | 101.000 | 0.00 |
| 3.5% Bank of Valletta plc € Notes 2030 S2 T1 | 99.990 | -0.01 |
The Government Stocks traded today were:
| Closing Price | % Change | |
| 4.3% MGS 2022 (II) | 108.090 | -0.05 |
| 5.25% MGS 2030 (I) | 144.000 | 0.54 |
| 5.2% MGS 2031 (I) | 146.000 | -1.35 |
| 4.65% MGS 2032 (I) | 146.000 | -2.67 |
| 2.5% MGS 2036 (I) | 130.000 | 0.01 |
| 2.1% MGS 2039 (I) | 127.150 | -1.81 |
| 2.4% MGS 2041 (I) | 124.000 | 0.81 |
Prospect Bonds traded today were:
| Closing Price | % Change | |
| 5% The Convenience Shop Holding plc Unsec Call € 2026-2029 | 100.200 | -1.28 |
| 5% HH Finance Plc Unsecured Euro Bonds 2023-2028 | 98.000 | 0.00 |
| 5% JD Capital plc Unsecured € Bonds 2028 | 98.590 | -0.01 |
| 5% Busy Bee Finance Company plc Unsecured € 2029 | 102.000 | 1.49 |
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].