MSE Index declines further

MSE Daily Trading Report, 17 December, 2019

The MSE Equity Total Return Index registered a further 0.064% decline, as it closed at 9,394.341 points. Seven equities were active, of which five traded higher while another one lost ground. A total turnover of €136,566 was generated over 22 deals.

In the banking sector, two equities were active of which both closed in the opposite direction. Bank of Valletta plc dragged today’s index into the red as it closed at €1.02, translating into a 1.92% decline. This was the result of 13 deals involving 48,897 shares. A total turnover of €50,334 was recorded.

On the other hand, a sole deal of 1,575 HSBC Bank Malta plc shares pushed the price 0.85% higher to €1.18. The bank generated a slim turnover.

International Hotel Investments plc closed in positive territory as it closed 0.65% higher at €0.77. Two deals involving 2,000 shares were executed.

The best performance was registered by Malita Investments plc, as it registered a 2.78% increase to €0.925. A total turnover of €18,500 a single deal of 20,000 shares was executed.

Another equity in the property sector, Trident Estates plc¸ was active, as it traded once on slim volume. The equity’s previous closing price of €1.55 was left unaltered.

Plaza Centres plc, was up by 1%, to close at €1.01. A total turnover of €55,088 was generated as 55,000 shares changed hands across three transactions.

A sole deal of 17,200 BMIT Technologies plc shares pushed the price 0.98% higher to €0.515. Total turnover stood at €8,858.

In the corporate debt market, 27 issues were active, of which 10 advanced while another eight lost ground. The best performer was the 5% GlobalCapital plc Unsecured € 2021, as it closed 1.01% higher at €98.99.

In the sovereign debt market, out of 16 active issues, eight headed north while another six closed in the opposite direction. The 1.85% MGS 2029 (III) headed the list of gainers, as it closed 11.95% higher at €116.95. This bond registered the highest liquidity as total turnover amounted to €4 million.

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].