MSE Index returns to positive territory
MSE Daily Trading Report, 11 August 2020
The MSE Equity Total Return Index managed to recoup its previous loss as it closed 0.855% higher at 7,765.844 points. A total of 10 equities were active, of which six registered gains while another two closed in the red. A total turnover of €70,599 was generated across 32 transactions.
Malta International Airport plc was once again the most liquid equity with a total turnover of €28,345. A total of 5,901 shares were spread over 11 deals, leaving no impact on the previous closing price of €4.80. The equity reached an intra-day high price of €4.84 and declined to €4.74 during the session.
A sole deal of 10,680 Bank of Valletta plc shares pushed the price 1.93% higher to €0.95. The bank recorded a total turnover of €10,146. Meanwhile, its peer, HSBC Bank Malta plc was active but remained flat at €0.85. One transaction of 4,000 shares generated a total turnover of €3,400.
Another positive performer was GO plc, as it ended the session at €3.36, translating into a 3.07% change in price. Three deals involving 2,000 shares were executed, worth €6,689. Similarly, its subsidiary, BMIT Technologies plc traded 1.7% higher at €0.478 over one deal of 5,000 shares.
In the property sector, MIDI plc, traded twice over 20,486 shares, resulting into a 6.82% increase in price. The equity ended the session at €0.376 and generated a total turnover of €7,465.
Three deals involving 2,035 Mapfre Middlesea plc shares pushed the price by 6% into the green. Total turnover amounted to €4,114 as the equity reached the €2.12 price level.
GlobalCapital plc registered a positive 29.49% movement in price as it closed at €0.505. A total of 12,629 shares change hands across seven transactions, generating a total turnover of €6,263.
On the other side of the spectrum, International Hotel Investments plc lost 1.89% as 2,847 shares were spread over two deals. The equity declined to €0.52 while total turnover stood at €1,500.
MaltaPost plc closed 7.56% lower at €1.10 over one transaction of 260 shares.
In the Sovereign Bond market, out of nine active issues, four headed north while three closed in the opposite direction. The 4.65% MGS 2032 (I) headed the list of gainers as it closed 1.62% higher at €147.50. On the other hand, the 4.8% MGS 2028 (I) lost 0.73%, ending the session at €136.00.
In the Corporate Debt market, 15 issues were active, of which five advanced while another two lost ground. The best performance was recorded by the 3.75% AX Group plc Unsec Bds 2029 Series II as it traded 1.49% higher at €102.00. Conversely, the 4% MIDI plc Secured € 2026 closed 1.96% lower, reaching its par value.
In the Prospects MTF market, the 5% The Convenience Shop Holding plc Unsec Call € 2026-2029 was active as it closed at €100.50, equivalent to a 0.5% fall in price.
The Equities traded today were:
| Symbol Code | Volume Traded | Value Traded | Trades | Closing Price | % Change |
| BOV | 10,680 | 10,146.00 | 1 | 0.950 | 1.93 |
| HSB | 4,000 | 3,400.00 | 1 | 0.850 | 0.00 |
| MMS | 2,035 | 4,114.20 | 3 | 2.120 | 6.00 |
| GO | 2,000 | 6,689.44 | 3 | 3.360 | 3.07 |
| IHI | 2,847 | 1,500.44 | 2 | 0.520 | -1.89 |
| GCL | 12,629 | 6,263.00 | 7 | 0.505 | 29.49 |
| MIA | 5,901 | 28,344.90 | 11 | 4.800 | 0.00 |
| MTP | 260 | 286.00 | 1 | 1.100 | -7.56 |
| MDI | 20,486 | 7,465.14 | 2 | 0.376 | 6.82 |
| BMIT | 5,000 | 2,390.00 | 1 | 0.478 | 1.70 |
The Corporate Bonds traded today were:
| Closing Price | % Change | |
| 3.65% GAP Group plc Secured € 2022 | 100.100 | -0.40 |
| 6% AX Investments Plc € 2024 | 107.500 | 0.47 |
| 4.4% Von der Heyden Group Finance plc Unsecured € 2024 | 101.250 | 0.75 |
| 5.1% 1923 Investments plc Unsecured € 2024 | 99.950 | 0.00 |
| 5.1% 6PM Holdings plc Unsecured € 2025 | 100.000 | 0.00 |
| 4.35% Hudson Malta plc Unsecured € 2026 | 100.000 | 0.00 |
| 4% MIDI plc Secured € 2026 | 100.000 | -1.96 |
| 4% International Hotel Investments plc Secured € 2026 | 100.600 | 0.00 |
| 5% Dizz Finance plc Unsecured € 2026 | 99.000 | 0.00 |
| 4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026 | 97.950 | 0.00 |
| 3.75% Premier Capital plc Unsecured € 2026 | 100.110 | 0.01 |
| 4% International Hotel Investments plc Unsecured € 2026 | 98.000 | 0.00 |
| 4.35% SD Finance plc Unsecured € 2027 | 100.000 | 0.00 |
| 3.85% Hili Finance Company plc Unsecured € 2028 | 98.000 | 0.01 |
| 3.75% AX Group plc Unsec Bds 2029 Series II | 102.000 | 1.49 |
The Government Stocks traded today were:
| Closing Price | % Change | |
| 4.8% MGS 2028 (I) | 136.000 | -0.73 |
| 2.3% MGS 2029 (II) | 119.000 | 0.85 |
| 5.25% MGS 2030 (I) | 150.000 | -0.66 |
| 4.65% MGS 2032 (I) | 147.500 | 1.62 |
| 4.3% MGS 2033 (I) | 150.000 | -0.66 |
| 2.2% MGS 2035 (I) | 125.000 | 0.00 |
| 2.5% MGS 2036 (I) | 131.000 | 0.77 |
| 3% MGS 2040 (I) | 141.000 | 0.00 |
| 1.50% MGS 2045 (I) | 114.500 | 0.88 |
The Prospects MTF bonds traded today were:
| Closing Price | % Change | |
| 5% The Convenience Shop Holding plc Unsec Call € 2026-2029 | 100.500 | -0.5 |
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].