HSBC and MIA push MSE Index into positive territory

MSE Daily Trading Report, 11 March, 2020

The MSE Equity Total Return Index gained ground as it closed 0.175% higher at 9,053.523 points. A total of 13 equities were active, of which four headed north while another two closed in the opposite direction. A total turnover of €923,458 was generated over 52 transactions.

Malta International Airport plc managed to recoup part of its previous loss as it was up by 2.94%, reaching the €5.25 price level. This was the resulted of 44,944 shares spread over 21 deals, which generated a total turnover of €22,522.

Highest liquidity was recorded by HSBC Bank Malta plc as total turnover stood at €581,533. Five deals involving 570,062 shares pushed the price 0.98% higher, as it closed at €1.03.

Meanwhile, Bank of Valletta plc executed seven deals with a mix of 62,302 shares. The bank’s previous closing price of €1.04 was not altered. Total turnover amounted to €64,794.

Another positive performer was BMIT Technologies plc, as it closed at €0.54, translating into a 1.89% change in price. A total turnover of €16,626 was generated as the equity traded twice over 27,100 shares. Its parent company, GO plc¸ traded once on slim volume but closed unchanged at €4.20.

A sole deal of 2,500 GlobalCapital plc shares resulted into a 6.48% increase in price, as it closed at €0.23. The equity generated a slim turnover.

Mapfre Middlesea plc closed in the red as it closed at €2.30, translating into a 0.86% fall in price. A total turnover of €4,140 was generated as 1,800 shares changed ownership across two deals.

In the property sector, MIDI plc headed the list of fallers as it closed 9.09% lower at €0.40. Turnover amounted to €1,040 as 2,500 shares changed hands over two transactions.

Trident Estates plc traded three times over a spread of 4,140 shares, leaving no impact on the equity’s previous closing price of €1.62. A total turnover of €6,707 was recorded.

Similarly, Malta Properties Company plc was active but closed unchanged at €0.63. Two deals involving 9,800 shares generated a total turnover of €6,174.

One deal of slim volume did not alter Santumas Shareholding plc’s previous closing price of €1.50.

International Hotel Investments plc ended the session unchanged at €0.68. Four deals involving 12,428 shares were executed, worth €8,429.

On a similar note, Main Street Complex plc was also active but closed unchanged at €0.57. The equity traded once on slim volume.

In the Sovereign Debt market, out of seven active issues, one registered a gain while another five traded lower. The only positive performer was the 5.1% MGS 2022(I) as it closed 0.03% higher at €112.90.

In the Corporate Debt market, 24 issues were active, of which five advanced while another four lost ground. The best performer was the 3.5% Bank of Valletta plc € Notes 2030 S1 T1 as it closed 1.98% higher at €103.00. On the other hand, the 4% International Hotel Investments plc Secured € 2026 lost 0.48%, ending the session at €103.00.

In the Prospects MTF market, seven issues were active. The 5% Luxury Living Finance plc € Secured Bonds 2028 was the most liquid as total turnover stood at €10,174.

The Equities traded today were:

The Corporate Bonds traded today were:

The Government Stocks traded today were:

The Prospect MTF Bonds 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].