Malta International Airport plc opened subscription lists on Thursday for 13,530,000 Ordinary 'A' Shares, issued at Lm0.73c per share. Applications will be accepted until next Friday, or earlier, at the discretion of the issuer. MGP Bondholders as at November 4 will be able to convert part or their entire holding between November 13 and 20.
Bank of Valletta shares opened trading on Monday with 6,277 shares changing hands over 11 deals. All these were struck at Lm2.65, down by 11c9 from the previous closing price. The following session opened at Lm2.601, went up to Lm2.74 before going down to close at Lm2.70, recovering some of the ground lost on Monday.
Turnover amounted to 1,700 shares, spread over seven deals. Another seven deals were executed during Wednesday's session. This time, trading opened at Lm2.72 and went down to close again at Lm2.70, with 3,027 shares changing hands. In the put-through market, two deals for 9,400 shares were struck at Lm2.74 and Lm2.735. Thursday's session, consisting of five deals for a total of 1,956 shares, opened at Lm2.701 and closed at Lm2.70. The closing position remained unchanged following yesterday's trading session. Trading opened at Lm2.719, went up to Lm2.72, before going down to close at Lm2.70. 1,350 shares changed hands over five deals. As the session drew to a close yesterday, best bids for 500 shares at Lm2.651 were left outstanding, while 2,775 shares at Lm2.72 were the best unsatisfied offers.
This week's trading in HSBC shares followed a similar pattern to that witnessed in Bank of Valletta shares. Monday's session opened at Lm3.80 and went down to close at Lm3.75, down by 10c on the previous closing price. Three deals were struck, over which 7,000 shares changed hands. Tuesday saw one deal for 100 shares being struck again at Lm3.75. Another deal was struck on Wednesday at the same price, this time 300 shares changed hands. That same day, 4,800 shares changed hands in one deal struck at Lm3.75 in the put-through market. Thursday's session, the last for the week for HSBC shares in the regular market, was a repetition of Tuesday's trading session, that is one deal for 100 shares struck at Lm 3.75. Only one put-through deal was struck yesterday, in which 50,000 shares changed hands at Lm3.75. Following the close of trading yesterday, 177 shares at Lm3.75 and 2,000 shares at Lm3.77 were the best outstanding bids and offers respectively.
Maltacom shares opened at Lm1.12 and went down to close at Lm1.10 on Monday, down by two cents from the previous closing price. 5,500 shares changed hands on the day, over four deals. The shares next traded on Wednesday in the put-through market, when four deals were struck between Lm1.115 and Lm1.12 for a total turnover of 31,600 shares. No activity was registered in the shares on Thursday, while yesterday's session saw 3,000 shares changing hands over six deals. Trading opened at Lm1.08, proceeded to go up to Lm1.10, before going down again to close at Lm1.06, down by four cents. At the close of business yesterday, 100 shares at Lm1.05 and 6,320 shares at Lm1.10 were the best unsatisfied positions.
The other equities which traded during the week were 2,050 shares in International Hotels Investments, struck between Lm0.85 and Lm0.87; 2,280 shares in Lombard Bank Malta, struck between Lm3.499 and Lm3.55; 1,500 shares in Simonds Farsons Cisk plc, struck at Lm0.68 in the put-through market; 52,000 shares in GloBAl Financial Services Group, struck at Lm0.13 and 2,000 shares in Datatrak Holdings plc struck at Lm0.575 and Lm0.58.
Trading over the week in corporate bonds was made up of the following:
¤ Six deals struck in the 6.15 per cent Bank of Valletta 2010, in which a nominal value of Lm23,000 changed hands between Lm101.50 and Lm102.
¤ Five deals struck in the eight per cent Bank of Valletta 2010 (USD), in which a nominal value of $102,000 changed hands at $110.
¤ Two deals struck in the 6.5 per cent Corinthia Finance 2010 (EUR), in which a nominal value of €21,800 changed hands at €100.
¤ Six deals struck in the 6.75 per cent Corinthia Finance 2012, in which a nominal value of Lm22,500 changed hands between Lm102 and Lm102.50.
¤ Fourteen deals struck in the 6.5 per cent CareMalta Finance 2008/11, in which a nominal value of Lm62,500 changed hands between Lm100.25 and Lm100.50.
¤ One deal struck in the 6.7 per cent Eden Finance 2010, in which a nominal value of Lm500 changed hands at Lm99.40.
¤ Three deals struck in the 6.5 per cent Gasan Finance 2006/9, in which a nominal value of Lm2,500 changed hands between Lm101.50 and Lm101.80.
¤ One deal struck in the 7.25 per cent HSBC 2005, in which a nominal value of Lm4,100 changed hands at Lm105.
¤ Five deals struck in the 6.7 per cent Mizzi Organisation Finance 2009/12, in which a nominal value of Lm22,500 changed hands at Lm103.
¤ Seven deals struck in the 6.25 per cent Simonds Farsons Cisk 2006/8, in which a nominal value of Lm4,000 changed hands between Lm101 and Lm102.50.
¤ Thirteen deals struck in the 6.6 per cent Simonds Farsons Cisk 2010/12, in which a nominal value of Lm11,300 changed hands between Lm102.01 and Lm102.51.
¤ One deal struck in the 6.7 per cent Tumas Investments Secured Notes 2006, in which a nominal value of Lm10,000 changed hands at Lm103.80.
¤ Six deals struck in the 6.7 per cent Tumas Investments 2010/12, in which a nominal value of Lm15,800 changed hands at Lm101.
¤ One deal struck in the 6.75 per cent United Finance 2008, in which a nominal value of Lm1,000 changed hands at Lm102.85.
Total Malta Government Stock turnover over the week amounted to a nominal value of Lm342,700 being struck in fifty-one deals over seventeen different stocks.
The Malta Stock Exchange Share Index decreased by 50.558 points over the week, equal to 2.66 per cent, and now stands at 1,898.593.