Daily Market Highlights

Feb 13, 2019

  • The MSE Equity Price Index eased by 0.35% today to 4,475.608 points after reaching its highest level in five weeks yesterday. Overall, the declines in HSBC, MIA and MIDI outweighed the gains in Plaza Centres whilst a further five shares ended unchanged. Trading activity continued to improve on the back of heightened volumes in MIA. Download a copy of today’s Equity Market Summary.
  • Following the declines registered in the previous two days, the RF MGS Index edged 0.02% higher to 1,103.193 points today. Sovereign bond yields in the euro area trended mostly lower, possibly driven down by very disappointing industrial production data which in December 2018 registered the sharpest drop in nine years.
  • Malta International Airport plc lost 1.5% to the €6.40 level on strong volumes totalling 84,743 shares having a market value of €0.54 million. The airport operator will be publishing its 2018 financial results on 20 February.
  • A single deal of just 5,939 shares forced the equity of HSBC Bank Malta plc to drop by 0.6% to a five-month low of €1.71. HSBC is due to publish its 2018 financial results on 19 February.
  • The other negative performing equity today was MIDI plc as it shed 3% back to the €0.64 level on low volumes of 5,000 shares.
  • In contrast, Plaza Centres plc regained the €1.02 level (+2%) across 8,000 shares.
  • Meanwhile, Bank of Valletta plc (10,940 shares) and FIMBank plc (8,440 shares) traded flat at €1.28 and USD0.70 respectively. FIMBank is due to publish its 2018 annual financial results on 23 March.
  • International Hotel Investments plc opened at a low of €0.625 (-0.8%) before recovering to close unchanged at the €0.63 level. A total of 12,743 shares changed hands.
  • A single deal of 8,439 shares left the equity of PG plc at the €1.37 level whilst GO plc retained the €4.32 level on trivial volumes.