Daily Market Highlights

February 12, 2019
  • The MSE Equity Price Index added to yesterday’s gains as it advanced by a further 0.16% to 4,491.406 points. Five equities, including IHI and BOV, trended higher whilst only HSBC and Tigné Mall moved in negative territory. Meanwhile, various other shares closed the day unchanged. Activity improved markedly as €0.43 million worth of shares changed hands. Download a copy of today’s Equity Market Summary.
  • The RF MGS Index moved lower for the second consecutive day as it eased by 0.07% to 1,102.967 points. Sovereign bond yields in the euro area trended mostly higher amid hopes that the resumption of trade negotiations between the US and China will produce positive results.
  • Bank of Valletta plc regained the €1.28 level (+0.8%) on heightened volumes totalling 137,134 shares.
  • Likewise, International Hotel Investments plc also edged 0.8% higher to the €0.63 level across 108,790 shares.
  • Both PG plc and GlobalCapital plc posted gains on thin volumes. PG climbed 1.5% to the €1.37 level whilst GlobalCapital surged by 11.1% from its all-time low of €0.216 to €0.24.
  • In the property segment, Malta Properties Company plc rose by 6.7% to the €0.56 level on activity of 73,686 shares.
  • In contrast, Plaza Centres plc (10,984 shares) and Trident Estates plc (502 shares) ended unchanged at €1.00 and €1.35 respectively.
  • Malta International Airport plc traded flat at its all-time high of €6.50 across 13,842 shares. MIA will be publishing its 2018 financial results on 20 February.
  • GO plc briefly traded at a yet another multi-year high of €4.34 before ending unchanged at €4.32. A total of 1,250 shares traded.
  • A single deal of 17,662 shares left the equity of FIMBank plc at the USD0.70 level.
  • Simonds Farsons Cisk plc retained the €8.00 level on trivial activity.
  • Meanwhile, both Tigné Mall plc and HSBC Bank Malta plc shed 1.1% to €0.93 and €1.72 respectively. HSBC is due to publish its 2018 financial results on 19 February.