The MSE Equity Total Return Index partially reversed the previous week’s 2.202 per cent gain, having declined by 0.485 per cent, to close at 8,633.894 points.
Turnover increased to €2 million from the previous week’s €1.4 million.
RS2 Software plc shares erased the previous week’s 2.6 per cent loss, having advanced by 9.7 per cent as 23 trades of 185,113 shares were struck, to close €0.11 higher at €1.25 – a five-week high.
Negative sentiment prevailed in the banking sector as all four banks listed on the exchange closed lower.
FIMBank plc shares registered the highest loss of 4.6 per cent as 100,000 shares changed ownership over five deals, closing at a two-week low of $0.52.
Bank of Valletta plc shares erased the previous week’s 0.6 per cent increase, having declined by 0.6 per cent as 73 transactions of 215,946 shares were executed, to close at €1.75.
Meanwhile, HSBC Bank Malta plc shares partially reversed the previous week’s 8.3 per cent gain, having slipped 1.1 per cent across 11 deals of 27,229 shares, closing at €1.81.
Lombard Bank Malta plc shares decreased by 0.9 per cent over seven trades of 54,851 shares, to close at €2.28.
The investments and insurance services provider GlobalCapital plc registered no change in its share price closing at €0.34 as 3,000 shares changed hands on one trade.
Meanwhile, Mapfre Middlesea plc shares closed unchanged at €1.90, despite having reached a weekly high of €1.94.
The equity was active on five deals of 14,124 shares.
PG plc shares extended the previous week’s 0.8 per cent increase, having advanced by 0.8 per cent, to close at €1.30.
The supermarkets and retail owner’s shares witnessed 17 transactions of 211,835 shares.
Malta International Airport plc shares erased the previous week’s 1 per cent gain, having declined by €0.07 or 1.4 per cent across 14 trades of 17,494 shares, to close at €4.98.
Malta Properties Company plc shares fell by 1.8 per cent over three deals of 21,100 shares, closing at €0.54.
Last Wednesday, the company held its Annual General Meeting at which all the Ordinary Resolutions on the agenda were approved, and the Board of Directors were appointed/elected.
In the same sector, Malita Investments plc shares erased the previous week’s 1.2 per cent increase, having declined by 2.4 per cent as 103,836 shares changed hands over seven trades, to close at €0.83.
MIDI plc shares closed unchanged at €0.42 as 10 transactions of 370,000 shares were negotiated.
Trident Estates plc shares appreciated by a minimal 0.8 per cent across nine deals of 36,127 shares, closing at €1.31.
MaltaPost plc shares extended the previous week’s 2.8 per cent loss, having slipped by 2.9 per cent over one trade of 2,920 shares, closing €0.05 lower at €1.70.
The telecommunications services provider GO plc registered no change in its €3.40 share price as six deals of 19,810 shares were concluded.
Mapfre Middlesea plc shares closed unchanged at €1.90
International Hotel Investments plc shares partially erased the previous week’s 10.3 per cent rally, having declined by 1.4 per cent across 17 transactions of 55,460 shares, closing at €0.685.
The oil and gas logistics services provider Medserv plc recorded a 2.9 per cent loss in its share price as two trades of 10,737 shares were executed, to close €0.03 lower at €1.02.
Tigne Mall plc shares traded flat at €0.95 on three deals of 100,075 shares.
Meanwhile, Plaza Centres plc shares traded unchanged at €1.04 over seven transactions of 106,200 shares.
The food and beverage supplier Simonds Farsons Cisk plc registered no change in its €6.70 share price, despite having reached a weekly low of €6.55. The equity was active on eight trades of 20,246 shares.
In the corporate bond market, turnover remained stable at €2.3 million. A total of 41 issues were active of which 16 gained ground and 17 fell.
The 4.8% Bank of Valletta Plc Sub € 2020 was the worst performer, having declined by 2.2 per cent, as five deals worth €33,691 were executed, closing at €101.50.
The 5% GlobalCapital plc Unsecured € 2021 was the best performer, having advanced by 1 per cent as one trade worth €10,075 was struck, to close at €100.75.
The 4.4% Von der Heyden Group Finance plc Unsecured € 2024 was the most active issue, having witnessed a turnover of €348,917, closing minimally higher at €102.05.
In the sovereign debt market, 23 issues were active of which eight appreciated and 15 declined.
Turnover increased to €7.3 million from the previous week’s €1.7 million. The 5.2% MGS 2031 (I) was the most liquid issue, having witnessed a turnover of €1.7 million, closing 0.1 per cent higher at €142.01.
The 5.5% MGS 2023 (I) headed the list of gainers, having advanced by 0.7 per cent as three trades worth €48,115 were negotiated, to close at €126.25.
The 2.3% MGS 2029 (II) headed the list of fallers, having slipped by 0.8 per cent on four trades worth €95,992, to close at €107.50.
This article, compiled by Jesmond Mizzi Financial Advisors Limited, does not intend to give investment advice and the contents therein should not be construed as such.
The company is licensed to conduct investment services by the MFSA and is a member of the Malta Stock Exchange and a member of the Atlas Group.
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 info@jesmondmizzi.com.
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