MSE Index back into the red

MSE Daily Trading Report, 19 November, 2019

The MSE Equity Total Return Index returned into negative territory as it lost 0.618%, to close at 9,812.514 points. Eight equities were active of which; six declined while the other two closed unchanged. A total turnover of €259,413 was generated over 29 deals.

Bank of Valletta plc lost part of yesterday’s gain, as it closed 0.89% lower at €1.11. The equity was active over a sole deal.

Similarly, a single deal of 61,850 FIMBank plc shares dragged the price 1.57% downwards to $0.625.

In the property sector, two equities were active. MIDI plc headed the list of fallers, as it registered a 5.80% decline to €0.65. The equity was the most liquid, as a total turnover of €106,657 was generated. A total of 162,600 shares changed ownership over 12 deals.

Meanwhile, Tigne Mall plc was also active over three deals involving 4,000 shares. The equity’s previous closing price of €0.90 was not impacted.

Telecommunications company, GO plc registered a 1.41% decline, as it closed at €4.20. Three deals involving 10,210 shares generated a total turnover of €42,942. Similarly, its subsidiary, BMIT Technologies plc, also lost 0.96%, ending the session at €0.515. A spread of 85,000 shares changed hands across five deals and total turnover stood at €43,775.

Three deals involving 12,000 RS2 Software plc shares resulted into a 0.93% fall in price to €2.14. A total turnover of €25,662 was recorded.

International Hotel Investments plc traded once over 1,500 shares, but closed unchanged at €0.85.

In the corporate debt market, 21 issues were active, of which nine headed north while another five closed in the opposite direction. The best performer was the 4% Eden Finance plc Unsecured € 2027, as it closed 1.91% higher at €105.

In the sovereign debt market, out of 15 active issues, 10 advanced while another four traded lower. The 4.8% MGS 2028 (I) headed the list of gainers with a 0.48% increase, to close at €139.27.

The Equities traded today were:

The Corporate Bonds traded today were:

 The Government Stocks traded today were:

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].