MSE Index registers a further decline
MSE Daily Trading Report, 16 July 2020
The MSE Equity Total Return Index registered a further 0.055% fall in price as it closed at 8,146.740 points. Nine equities were active, of which one advanced while another three lost ground. A total turnover of €186,394 was generated across 23 transactions.
In the banking industry, Bank of Valletta plc was the only active equity as 23,088 shares changed ownership over four deals, worth €22,645. The bank reached €0.97 during the session but managed to recoup the loss until end of day, to close unchanged at €0.98.
Three deals involving 3,600 Malta International Airport plc shares did not impact the equity’s previous closing price of €5.60, despite reaching an intra-day high price of €5.65. Total turnover amounted to €20,335.
International Hotel Investments plc traded three times over a spread of 9,950 shares. A total turnover of €5,464 was recorded while price was left unaltered at €0.56.
Similarly, telecommunications company, GO plc traded once over 500 shares but remained flat at €3.42. A total turnover of €1,710 was recorded.
The only positive performer was Medserv plc as it ended the session at €0.70, translating into a 3.7% change in price. Three deals involving 6,000 shares were executed, generating a total turnover of €4,031.
In the property sector, Malta Properties Company plc recorded the highest liquidity with a total turnover of €115,484. The equity’s price declined by 1.72% to €0.57 as 202,600 shares changed hands across three transactions.
Meanwhile, MIDI plc was active but closed unchanged at €0.38. A sole deal of 3,000 shares resulted into a total turnover of €1,140.
A sole deal of 5,300 PG plc shares dragged the price by 1.03% into the red. The equity closed at €1.93 and generated a total turnover of €10,229.
Similarly, MaltaPost plc lost 0.84% as 4,539 shares were spread over four deals. Total turnover stood at €5,356 as the price declined to €1.18.
In the Corporate Debt market, out of 18 active issues, six headed north while another eight closed in the opposite direction. The 4% SP Finance plc Secured EUR Bonds 2029 headed the list of gainers with a 1.49% change in price, to close at €101.50. On the other hand, the 4.4% Von der Heyden Group Finance plc Unsecured € 2024 lost 1.48%, ending the session at par.
In the Sovereign Bond market, five issues were active of which the 4.5% MGS 2028 (II) traded 0.03% higher at €132.70 while another three closed in the red. The 2.1% MGS 2039 (I) registered the largest decline in price as it closed 0.79% lower at €125.00.
In the Prospects MTF market, no trading activity was recorded.
The Equities traded today were:
| Symbol Code | Volume Traded | Value Traded | Trades | Closing Price | % Change |
| BOV | 23,088 | 22,645.36 | 4 | 0.980 | 0.00 |
| GO | 500 | 1,710.00 | 1 | 3.420 | 0.00 |
| IHI | 9,950 | 5,464.00 | 3 | 0.560 | 0.00 |
| MIA | 3,600 | 20,335.00 | 3 | 5.600 | 0.00 |
| MDS | 6,000 | 4,030.78 | 3 | 0.700 | 3.70 |
| MTP | 4,539 | 5,356.02 | 4 | 1.180 | -0.84 |
| MDI | 3,000 | 1,140.00 | 1 | 0.380 | 0.00 |
| MPC | 202,600 | 115,484.00 | 3 | 0.570 | -1.72 |
| PG | 5,300 | 10,229.00 | 1 | 1.930 | -1.03 |
The Corporate Bonds traded today were:
| Closing Price | % Change | |
| 3.65% GAP Group plc Secured € 2022 | 100.400 | 0.39 |
| 4.4% Von der Heyden Group Finance plc Unsecured € 2024 | 100.000 | -1.48 |
| 5.1% 1923 Investments plc Unsecured € 2024 | 99.100 | -0.90 |
| 5.1% 6PM Holdings plc Unsecured € 2025 | 101.000 | 1.43 |
| 4.5% Hili Properties plc Unsecured € 2025 | 101.000 | 0.00 |
| 5.9% Together Gaming Solutions plc Unsec Call Bds €2024-2026 | 97.500 | -0.51 |
| 4% MIDI plc Secured € 2026 | 100.010 | 0.00 |
| 4% International Hotel Investments plc Secured € 2026 | 102.000 | 1.89 |
| 5% Dizz Finance plc Unsecured € 2026 | 99.300 | 0.00 |
| 4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026 | 97.400 | -0.55 |
| 3.75% Premier Capital plc Unsecured € 2026 | 101.500 | 0.01 |
| 4% Eden Finance plc Unsecured € 2027 | 100.500 | 0.50 |
| 3.5% Simonds Farsons Cisk plc Unsecured € 2027 | 107.010 | 0.00 |
| 4% SP Finance plc Secured EUR Bonds 2029 | 101.500 | 1.49 |
| 3.75% TUM Finance plc Secured € 2029 | 100.500 | -0.50 |
| 3.65% Stivala Group Finance plc Secured € 2029 | 101.700 | -0.05 |
| 3.8% Hili Finance Company plc Unsecured € 2029 | 96.500 | -0.52 |
| 3.5% Bank of Valletta plc € Notes 2030 S1 T1 | 101.010 | -0.97 |
The Government Stocks traded today were:
| Closing Price | % Change | |
| 5.5% MGS 2023 (I) | 116.030 | 0.00 |
| 4.5% MGS 2028 (II) | 132.700 | 0.03 |
| 5.1% MGS 2029 (I) | 140.570 | -0.02 |
| 5.2% MGS 2031 (I) | 147.500 | -0.34 |
| 2.1% MGS 2039 (I) | 125.000 | -0.79 |
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].