Three large caps drag MSE Index lower
MSE Daily Trading Report, 04 March, 2020
The MSE Equity Total Return Index did not manage to sustain yesterday’s positive performance as it closed 0.039% lower at 9,404.189 points. A total of 10 equities were active, of which gainers and losers tallied to three a-piece. Total turnover amounted to €457,520, which was generated over 43 deals.
In the banking industry, Bank of Valletta plc lost ground as four deals involving 9,000 shares were executed. The bank closed 0.95% lower at €1.04 and registered a total turnover of €9,360.
On the other hand, FIMBank plc registered the best performance as it was up by 6.42%, ending the session at $0.58. This was the outcome of two deals with a spread of 23,574 shares.
Meanwhile, HSBC Bank Malta plc registered the highest liquidity as a total turnover of €276,947 was recorded. A total of 263,118 shares changed ownership over 16 transactions.
Telecommunications company, GO plc, declined by 0.47%, as six deals involving 18,366 shares were executed. The equity generated a total turnover of €78,299 and ended the session at €4.26. Conversely, five deals involving 53,000 BMIT Technologies plc shares pushed the price 0.92% higher, reaching the €0.55 price level. Total turnover amounted to €28,975.
Malta International Airport plc lost 2.21% as 2,450 shares changed hands over three deals. A total turnover of €16,305 was recorded while price declined to €6.65.
A sole deal of 2,000 MaltaPost plc shares resulted into a 1.56% increase, as it closed at €1.30. Total turnover stood at €2,600.
RS2 Software plc was active over four deals involving 11,650 shares, which left no impact on the equity’s previous closing price of €2.54. The equity generated a total turnover of €29,026.
Elsewhere, International Hotel Investments plc and Malita Investments plc both traded flat at €0.74 and €0.89, respectively.
In the Sovereign Debt market, out of 15 active issues one traded lower while the rest advanced as yields declined. The 2.4% MGS 2041 (I) increased by 1.29% as it closed at €133.91. Conversely, the 5% MGS 2021(I) closed 0.01% lower at €107.58.
In the Corporate Debt market, 11 issues were active, of which three headed north while another one closed in the opposite direction. The 5.1% 1923 Investments plc Unsecured € 2024 headed the list of gainers as it closed 0.49% higher at €102.00. On the other hand, the 5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 lost 0.05%, ending the session at €100.90.
In the Prospects MTF market, the 5% FES Finance plc Secured € 2029 and the 5% Busy Bee Finance Company plc Unsecured € 2029 were both active but closed unchanged at €101.00 and €104.00, respectively.
The Equities traded today were:
| Symbol Code | Volume Traded | Value Traded | Trades | Closing Price | % Change |
| BOV | 9,000 | 9,360.00 | 4 | 1.040 | -0.95 |
| HSB | 263,118 | 276,946.90 | 16 | 1.070 | 0.00 |
| GO | 18,366 | 78,299.16 | 6 | 4.260 | -0.47 |
| IHI | 1,695 | 1,254.30 | 1 | 0.740 | 0.00 |
| FIM | 23,574 | 12,083.22 | 2 | 0.580 | 6.42 |
| MIA | 2,450 | 16,305.00 | 3 | 6.650 | -2.21 |
| MTP | 2,000 | 2,600.00 | 1 | 1.300 | 1.56 |
| RS2 | 11,650 | 29,026.00 | 4 | 2.540 | 0.00 |
| MLT | 3,000 | 2,670.00 | 1 | 0.890 | 0.00 |
| BMIT | 53,000 | 28,975.00 | 5 | 0.550 | 0.92 |
The Corporate Bonds traded today were:
| Closing Price | % Change | |
| 4.25% GAP Group plc Secured € 2023 | 103.310 | 0.00 |
| 5.1% 1923 Investments plc Unsecured € 2024 | 102.000 | 0.49 |
| 5.1% 6PM Holdings plc Unsecured € 2025 | 102.950 | 0.00 |
| 5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 | 100.900 | -0.05 |
| 4% International Hotel Investments plc Secured € 2026 | 104.100 | 0.09 |
| 4% Merkanti Holding plc Secured € 2026 | 102.500 | 0.00 |
| 4% International Hotel Investments plc Unsecured € 2026 | 104.000 | 0.00 |
| 3.75% Mercury Projects Finance plc Secured € 2027 | 101.510 | 0.01 |
| 4.15% Phoenicia Finance Company plc Unsecured € 2023-2028 | 103.930 | 0.00 |
| 3.8% Hili Finance Company plc Unsecured € 2029 | 100.000 | 0.00 |
| 3.5% Bank of Valletta plc € Notes 2030 S2 T1 | 100.000 | 0.00 |
The Government Stocks traded today were:
| Closing Price | % Change | |
| 5% MGS 2021(I) | 107.580 | -0.01 |
| 4.3% MGS 2022 (II) | 110.070 | 0.01 |
| 5.5% MGS 2023 (I) | 119.300 | 0.06 |
| 4.5% MGS 2028 (II) | 138.570 | 0.41 |
| 2.3% MGS 2029 (II) | 120.650 | 0.54 |
| 5.1% MGS 2029 (I) | 147.510 | 0.81 |
| 5.25% MGS 2030 (I) | 151.850 | 0.48 |
| 4.65% MGS 2032 (I) | 152.930 | 0.63 |
| 4.45% MGS 2032 (II) | 150.500 | 0.45 |
| 4.1% MGS 2034 (I) | 151.990 | 0.68 |
| 2.2% MGS 2035 (I) | 126.000 | 0.72 |
| 2.5% MGS 2036 (I) | 131.670 | 0.74 |
| 2.1% MGS 2039 (I) | 127.000 | 0.88 |
| 3% MGS 2040 (I) | 144.550 | 0.89 |
| 2.4% MGS 2041 (I) | 133.910 | 1.29 |
The Prospect MTF Bonds traded today were:
| Closing Price | % Change | |
| 5% FES Finance plc Secured € 2029 | 101.000 | 0.00% |
| 5% Busy Bee Finance Company plc Unsecured € 2029 | 104.000 | 0.00% |
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].