Advert

Market Analysis

  • Eurozone retail sales rebound but unemployment holds at record high

    Eurozone retail sales leapt in November even though unemployment remained at a record high, hinting at a pick-up in consumer demand that would ease deflation worries and relieve pressure on the ECB to loosen policy. Data yesterday showed the...

  • European share price pause, FTSEurofirst 300 index up by 0.1 %

    European stocks paused yesterday around five-and-a-half year highs, but rising confidence that peripheral euro zone economies are starting to recover from the region’s debt crisis helped markets there extend a rally. Trading volumes on Portugal’s...

  • Shipping movements

    These ships are expected in Malta: The CMA CGM Rossini from Le Havre to Port Said, the Fiona from Misurata to Algiers, the Erkan K from Durres to Avcilar (all Carmelo Caruana Ltd), the Eurocargo Venezia (Sullivan Maritime) from Genoa to Genoa and...

  • Analysing the Fimbank takeover bid

    On December 9, 2013, Fimbank announced that it had received a joint voluntary bid, from Burgan Bank (BB) and United Gulf Bank (UGB), with the intention of acquiring a controlling stake in the company. This is the latest step in a multi step...

  • Markets regain lustre but traders wait for NFP

    With the festive season be­hind us, it was back to business on the forex market on Monday. With very low volatility characterising markets over the past couple of weeks, we witnessed some interesting breakouts to reach new highs and lows. As...

  • 2013: The year of the IT companies

    2013: The year of the IT companies

    2013 turned out to be a very positive year for local equities with the local benchmark index registering its best annual performance since 2005. The MSE Share Index advanced by 14.75 per cent as the majority of the companies listed on the Malta...

  • Shipping movements

    These ships are expected in Malta: The Maersk Brooklyn from Izmir to Malaga (Thomas Smith & Co. Ltd) tomorrow. The Allegro from Tunis to Valencia and the Don Pascuale from Port Said to Genoa (both Thomas Smith & Co. Ltd) on Saturday. The Maersk...

  • The year 2014 and beyond

    The year 2014 and beyond

    The past 12 months have been a real rollercoaster ride for most investors; whether bond or equity investors or whether exposed to developed or emerging markets, the capital markets have been all over the place. Until the Federal Reserve pronounced...

  • Currency reflections as 2013 gives way to 2014

    As 2013 bows out, we all tend to reflect, look back on what the previous year has brought, or maybe, taken away from us. When it comes to investments it’s not much of a different story. In reality while many investors tend to underestimate the...

  • Maltapost’s dividend unchanged despite slight decline in profits

    Maltapost’s dividend unchanged despite slight decline in profits

    Maltapost plc published its September 2013 full-year results on December 6, revealing a revenue increase of 2.5 per cent to a record level of €21.6 million but a 5.4 per cent decline in pre-tax profits to €1.95 million. The slight decline in...

  • European shares rally before the US Fed decision

    European shares advanced yesterday, more than recouping the previous session’s losses, as investors positioned themselves for a US Federal Reserve decision on its monetary stimulus. Shares have been weakening over the past two weeks on concern the...

  • Shipping movements

    These ships are expected in Malta: The MV Eurocargo Malta from Genoa to Genoa (Sullivan Maritime) today. The Maersk Bintan from Izmir to Algeciras, the Seago Piraeus from Valencia to Piraeus (both Thomas Smith Shipping Ltd) tomorrow. The MV...

  • My name is Bond!

    My name is Bond!

    Almost 20 years ago, in September 1994, Gasan Finance Company plc launched the first private bond issue listed on the Malta Stock Exchange. It was a landmark issue in many ways, setting the pathway for a number of other issuers to follow, and at...

  • Forex market braced for the FOMC decision

    Before the Federal Reserve’s highly anticipated December FOMC meeting, which came to a conclusion on Wednesday, the dollar traded cautiously against its peers but still managed to hover within one per cent of a five-year high against the...

  • Palm City not affected by instability

    Palm City not affected by instability

    The brief kidnapping of the Libyan Prime Minister Ali Zeidan on October 10 and the difficulties experienced by the Libyan Government to restore order in the face of the unrest by militias and other gangs created renewed tension in Libya in recent...

  • European shares ease over Wall St

    European shares eased in late trade yesterday, as increased certainty over US government spending following a budget deal there was overshadowed by growing expectations that a scaling back of Federal Reserve stimulus is imminent. US-exposed stocks...

  • Shipping movements

    These ships are expected in Malta: The Vega Aquila from Leixoes to Taranto, the Hansa Narvik from Misurata to Misurata, the BFP Galaxy from Izmir to Piraeus, the Oued Ziz from Tunis to Tunis, the Vega Sigma from Algiers to Annaba (all Carmelo...

  • Money train stuck in transit

    Money train stuck in transit

    We are told the world is awash with money. I must admit I have not been able to observe this phenomenon by reference to my statistically (as well as monetarily) irrelevant bank account. However, it appears I am not alone in this. In a recent...

  • Is December taper still possible?

    Throughout the course of last week as customary (since it was the first week of the current month) we got a considerable amount of important economic data. Apart from the manufacturing data out of Europe and the US, the week got busier towards the...

  • Crimsonwing’s improved outlook and performance

    Crimsonwing’s improved outlook and performance

    Last Thursday, Crimsonwing plc published its interim results covering the six months ended September 30, 2013. The interim financial statements revealed a record performance for the group with revenues up 13.7 per cent to €9.86 million, earnings...

Advert
Advert