MIA pushes MSE Index into positive territory
MSE Daily Trading Report, 08 July 2020
The MSE Equity Total Return Index gained ground as it closed 0.082% higher, reaching 8.204.977 points. Eight equities were active, of which two headed north while another one closed in the opposite direction. A total turnover of €38,092 was generated across 17 transactions.
Malta International Airport plc was the most liquid with a total turnover of €14,392. Two deals involving 2,485 shares pushed the price 0.88% higher to €5.75.
The other positive performer was Trident Estates plc as a sole deal of 350 shares resulted into a positive 2.04% change in price. The equity ended the session at €1.50.
On the other side of the spectrum, GO plc registered a 0.58% loss, reaching the €3.42 price level. A total turnover of €3,420 was generated as 1,000 shares changed hands across two transactions. Meanwhile, its subsidiary, BMIT Technologies plc traded once over 1,000 shares but closed unchanged at €0.48.
The only equity active in the banking industry was Bank of Valletta plc as 12,753 shares were spread over six deals. The bank’s previous closing price of €1.00 was not impacted and total turnover stood at €12,723.
A sole deal of 1,000 International Hotel Investments plc shares did not result in a change in price, as it closed at €0.58.
Simonds Farsons Cisk plc traded three times over 469 shares, which did not alter the equity’s previous closing price of €8.00. Total turnover amounted to €3,752.
Elsewhere, Malta Properties Company plc was active but closed unchanged at €0.555.
In the Corporate Debt market, 19 issues were active, of which two advanced while eight closed in the red. The 4% Merkanti Holding plc Secured € 2026 registered the best performance as it closed 0.1% higher at €100.30. On the other hand, the 3.75% Tumas Investments plc Unsecured € 2027 lost 3.27%, ending the session at €100.50.
In the Sovereign Bond market, out of 11 active issues, gainers and losers tallied to five-a-piece. The 2.4% MGS 2041 (I) headed the list of gainers as it closed 4% higher, reaching the €130.00 price level. Conversely, the 2.5% MGS 2036 (I) lost 3.77%, to close at €121.25.
In the Prospects MTF market, three issues were active. The 5% Borgo Lifestyle Finance plc Secured Callable 2026-2029 closed 0.01% lower at €97.99.
The Equities traded today were:
| Symbol Code | Volume Traded | Value Traded | Trades | Closing Price | % Change |
| BOV | 12,753 | 12,723.00 | 6 | 1.000 | 0.00 |
| SFC | 469 | 3,752.00 | 3 | 8.000 | 0.00 |
| GO | 1,000 | 3,420.00 | 2 | 3.420 | -0.58 |
| IHI | 1,000 | 580.00 | 1 | 0.580 | 0.00 |
| MIA | 2,485 | 14,391.50 | 2 | 5.750 | 0.88 |
| MPC | 4,000 | 2,220.00 | 1 | 0.555 | 0.00 |
| TRI | 350 | 525.00 | 1 | 1.500 | 2.04 |
| BMIT | 1,000 | 480.00 | 1 | 0.480 | 0.00 |
The Corporate Bonds traded today were:
| Closing Price | % Change | |
| 3.65% GAP Group plc Secured € 2022 | 100.400 | -0.59 |
| 4.25% GAP Group plc Secured € 2023 | 101.100 | 0.00 |
| 5.3% Mariner Finance plc Unsecured € 2024 | 105.000 | 0.00 |
| 5% Hal Mann Vella Group plc Secured € 2024 | 103.000 | -0.58 |
| 5.1% 1923 Investments plc Unsecured € 2024 | 99.980 | 0.08 |
| 5.1% 6PM Holdings plc Unsecured € 2025 | 99.600 | -0.28 |
| 4.5% Hili Properties plc Unsecured € 2025 | 101.000 | 0.00 |
| 5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 | 98.000 | 0.00 |
| 4% Merkanti Holding plc Secured € 2026 | 100.300 | 0.10 |
| 4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026 | 97.950 | 0.00 |
| 3.75% Premier Capital plc Unsecured € 2026 | 101.000 | -0.49 |
| 3.25% AX Group plc Unsec Bds 2026 Series I | 100.000 | 0.00 |
| 4.35% SD Finance plc Unsecured € 2027 | 100.010 | -0.98 |
| 4% Eden Finance plc Unsecured € 2027 | 101.500 | -0.25 |
| 3.75% Tumas Investments plc Unsecured € 2027 | 100.500 | -3.27 |
| 4.5% Grand Harbour Marina plc Unsecured € 2027 | 100.500 | 0.00 |
| 4.15% Phoenicia Finance Company plc Unsecured € 2023-2028 | 98.990 | 0.00 |
| 3.8% Hili Finance Company plc Unsecured € 2029 | 97.000 | 0.00 |
| 3.5% Bank of Valletta plc € Notes 2030 S2 T1 | 101.500 | -0.47 |
The Government Stocks traded today were:
| Closing Price | % Change | |
| 4.8% MGS 2028 (I) | 135.500 | 0.37 |
| 4.5% MGS 2028 (II) | 134.990 | 2.27 |
| 5.25% MGS 2030 (I) | 146.000 | -0.68 |
| 5.2% MGS 2031 (I) | 148.000 | 0.93 |
| 4.65% MGS 2032 (I) | 142.500 | -1.04 |
| 4.1% MGS 2034 (I) | 140.000 | -3.45 |
| 2.2% MGS 2035 (I) | 114.540 | 0.44 |
| 2.5% MGS 2036 (I) | 121.250 | -3.77 |
| 2.1% MGS 2039 (I) | 126.000 | -2.14 |
| 3% MGS 2040 (I) | 136.000 | 0.00 |
| 2.4% MGS 2041 (I) | 130.000 | 4.00 |
The Prospect Bonds traded today were:
| Closing Price | % Change | |
| 4.25% Calamatta Cuschieri Finance plc Unsec Call 2024-2026 | 100.000 | 0.00 |
| 5.75% Pharmacare Finance plc Unsecured EUR Bonds 2025-2028 | 101.400 | 0.00 |
| 5% Borgo Lifestyle Finance plc Secured Callable 2026-2029 | 97.990 | -0.01 |
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].