MSE Index declines

MSE Daily Trading Report, 04 June 2020

The MSE Equity Total Return Index registered a loss of 0.172% as it reached 8,332.33 points. A total of 12 issues were active, of which three registered gains while another four lost ground. A total turnover of €310,668 was generated across 50 transactions.

In the banking sector, Bank of Valletta plc erased yesterday’s gain, as the price decreased by 2.88% to reach the price level of €1.01. Six deals involving 25,760 shares were executed, worth €26,618. Meanwhile, FIMBank plc traded flat at $0.38 as three deals of 40,000 shares were executed.

After yesterday’s company announcement and performance, RS2 Software plc closed unchanged at €2.28. The equity was the most liquid as 16 deals involving 69,485 shares were executed, worth €155,886.

Malta International Airport plc ended the session in positive territory with a 1.72% change in price, to close at €5.90. Four transactions involving a mix of 7,079 shares were executed, generating a total turnover of €41,716.

Telecommunications company, GO plc, was up by 0.56% as 7,100 shares changed hands across five transactions. The equity generated a total turnover of €25,560 as price increased to €3.60. Its subsidiary, BMIT Technologies plc traded seven times over 51,000 shares but closed unchanged at €0.48.

The best performance was recorded by Simonds Farsons CIsk plc as it recorded a positive 1.86% movement in price, reaching the €8.20 price level. A total turnover of €10,459 was generated as 1,297 shares were spread over four deals.

Conversely, Medserv plc headed the list of fallers as it ended the session at €0.67 – translating into a 4.29% fall in price. This was the result of a sole deal of 4,000 shares.

In the property sector, a single deal of 7,000 MIDI plc shares dragged the price by 2.44% into the red. The equity closed at €0.40.

Similarly, Harvest Technology plc lost 1.34% over one deal of slim volume. The price declined to €1.47.

Elsewhere, PG plc and International Hotel Investments plc were both active but closed unchanged at €2.00 and €0.585, respectively.

In the Sovereign Debt market, nine issues were active, of which seven advanced while the other two lost ground. The 2.2% MGS 2035 (I) headed the list of gainers as it closed 8.7% higher, ending the session at €125.00. Conversely, the 4.3% MGS 2022 (II) lost a 0.97%, to close at €108.14.

In the Corporate Debt market, out of 20 active issues, five registered gains while the 6% International Hotel Investments plc € 2024 closed 2.45% lower at €99.50. The best performer was the 4.25% Best Deal Properties Holding plc Secured € 2024 as it closed at €102.50, translating into a 2.5% increase.

In the Prospects MTF market, eight issues were active, of which only one registered a gain while the rest closed unchanged. The 5% The Convenience Shop Holding plc Unsec Call € 2026–2029 closed 0.5% higher to close at €101.50.

The Equities traded today were:

The Corporate Bonds traded today were:

The Government Stocks traded today were:

Prospect 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].