Issue link: https://maltatoday.uberflip.com/i/789855
maltatoday, WEDNESDAY, 22 FEBRUARY 2017 12 Regular market closed –21/02/2017 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change l BOV 27,276 59,832.45 10 2.199 2.190 2.197 2.190 0.000 s FIM 54,532 48,509.74 4 0.900 0.880 0.895 0.900 0.005 l GO 15,067 51,622.53 8 3.499 3.300 3.440 3.499 0.000 s HSB 43,528 88,463.33 16 2.050 2.000 2.001 2.020 0.020 l MDS 14,158 22,652.80 3 1.600 1.600 1.600 1.600 0.000 l MMS 1,000 2,230.00 1 2.230 2.230 2.230 2.230 0.000 t MPC 24,000 12,952.00 5 0.550 0.513 0.540 0.513 -0.007 s STS 6,000 8,670.00 2 1.450 1.440 1.440 1.450 0.050 t G17C 20,000 20,626.00 1 103.130 103.130 103.130 103.130 -0.040 s G18A 11,647 12,942.15 1 111.120 111.120 111.120 111.120 0.010 s G20A 4,000 4,682.00 1 117.050 117.050 117.050 117.050 0.010 s G20B 10,000 11,455.00 1 114.550 114.550 114.550 114.550 0.040 l G21A 39,595 48,115.84 3 121.520 121.520 121.520 121.520 -0.010 l G22B 38,000 45,763.40 3 120.430 120.430 120.430 120.430 -1.070 l G28A 31,700 42,259.27 3 133.310 133.310 133.310 133.310 -0.240 l G28B 42,000 54,730.20 1 130.310 130.310 130.310 130.310 -0.230 l G29B 50,000 53,255.00 2 106.510 106.510 106.510 106.510 -0.220 l G30A 3,700 5,204.79 2 140.670 140.670 140.670 140.670 -0.300 l G31A 1,300 1,839.37 1 141.490 141.490 141.490 141.490 -0.310 l G32B 158,000 210,255.80 9 133.110 133.010 133.110 133.010 -0.330 l G33A 21,000 27,715.80 2 131.980 131.980 131.980 131.980 -0.360 l G34A 55,000 71,197.50 4 129.450 129.450 129.450 129.450 -0.310 l G36A 98,500 101,812.10 5 103.370 103.360 103.360 103.370 -0.210 l G39AA 45,500 44,948.42 8 98.980 98.000 98.980 98.000 -0.980 l G40A 25,700 28,722.32 3 111.760 111.760 111.760 111.760 -0.260 l G41A 83,000 83,300.00 5 100.450 100.350 100.450 100.350 -0.100 l 6PM25 2,500 2,662.50 1 106.500 106.500 106.500 106.500 -0.500 s AX24A 30,000 33,900.00 2 113.000 113.000 113.000 113.000 1.000 t BV19B 5,000 5,147.50 1 102.950 102.950 102.950 102.950 -0.050 s BV20A 2,500 2,585.00 1 103.400 103.400 103.400 103.400 0.100 l CF26A 4,000 4,180.00 1 104.500 104.500 104.500 104.500 0.000 l DF26A 4,000 4,200.40 1 105.010 105.010 105.010 105.010 0.000 s GP23A 89,800 90,832.70 6 101.150 101.150 101.150 101.150 0.150 l HM24A 24,400 25,620.00 1 105.000 105.000 105.000 105.000 0.000 s HP25A 12,000 12,627.50 6 105.500 105.000 105.000 105.500 0.500 s IB25A 5,000 5,275.00 1 105.500 105.500 105.500 105.500 1.750 l IH25A 2,900 3,117.50 1 107.500 107.500 107.500 107.500 0.000 l IH26A 5,000 5,120.00 1 102.400 102.400 102.400 102.400 0.000 s IH26B 15,300 15,612.90 4 102.300 101.900 101.900 102.300 0.400 l MI20A 32,900 33,887.00 2 103.000 103.000 103.000 103.000 0.000 s PT24A 21,600 22,109.20 6 102.700 102.100 102.700 102.500 0.400 s TI20A 2,100 2,135.70 1 101.700 101.700 101.700 101.700 0.100 Market Summary as at February 21, 2017 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 140 Volume Traded ................................................................. 1,183,203 Value of € denominated securities .................................... 1,384260.97 Value of US$ denominated securities ................................ 48,509.74 Value of GBP£ denominated securities .............................. 0.00 Current Index ................................................................... - Previous Index ................................................................. - Change in Index (%) ......................................................... - Bank of Valletta plc ........................ 2.190 -0.05% Medserv plc .................................. 1.600 0.00% FIMBank plc .................................. 0.895 0.00% Mapfre Middlesea plc .................... 2.230 0.00% GlobalCapital plc ........................... 0.410 0.00% MIDI plc ........................................ 0.330 0.00% GO plc ........................................... 3.499 0.00% Plaza Centres plc ........................... 1.100 0.00% Grand Harbour Marina plc ............. 0.899 0.00% RS2 Software plc............................ 1.699 0.00% HSBC Bank Malta plc ..................... 2.000 -2.39% Simonds Farsons Cisk plc ............... 7.300 0.00% International Hotel Investments plc 0.650 0.00% Tigné Mall plc ................................ 1.130 0.00% Lombard Bank Malta plc ................ 2.240 0.00% Pefaco International plc ................. 2.240 0.00% Malita Investments plc ................... 0.810 0.00% Santumas Shareholdings plc ......... 1.400 0.00% Malta International Airport plc ....... 4.151 0.00% Malta Properties Company plc ........ 0.520 -3.70% MaltaPost plc ................................. 2.000 0.00% MSE Index Business Today Sant: Eurozone rules benefit stronger countries, not weaker states Matthew Vella Former Prime Minister Alfred Sant has said that eurozone rules are giving an automatic advantage to stronger member states, with the fundamental problem being lack of a political will to accept the grow- ing divergences within the euro- zone. "These divergences have to be first of all recognised and corrected through a new political agreement," Sant said during an explanation of his vote on the eurozone's budgetary capacity, which is part of a series of debates on the future of Europe. "The report does not make any reference to the will for a new political agreement on removing the existing economic divergences between the European centre and its peripheries. The fundamental problem is not the eurozone design, though this needs to be considered. "Divergences have resulted, and are growing, due to a too fast and blinkered development of the eurozone project, on the back of the EU's soft power and in disregard of the impact of globalisation. Such a situation can only be corrected through political action not through the addition of new rules to the system." Sant said that although being technically insightful, the budgetary capacity additions proposed by rapporteurs in a report that was passed by MEPs, would serve to enhance divergences, not reduce them, in the absence of a new political agreement. "Unfortunately the current exercise amounts to one in which the cart is being put before the horse. I cannot support it," Sant said, voting against alongside 255 MEPs. 340 voted in favour and 68 abstained. Hoteliers, restaurants and shop-owners up in arms over street vendors The GRTU want stricter enforcement on street vendors that do not have hawk- ing permits. Photo shows a legal hawker on Ordnance Street speaking to a police officer Matthew Vella The GRTU Small Business Chamber and the Malta Hotels and Restaurants Association (MHRA) want local councils and the central government to hold back on what it said was a "dis- ruptive and illegal practice" allowing street vendors to set up their stalls on Republic Street, Valletta's main com- mercial artery. "Local councils issuing any permits that go beyond those of the village feast are doing so abusively," the GRTU said, echoing complaints from establishment owners who say they already pay high rents for their businesses to set up shop in Republic Street. "We're concerned that anyone who wishes to start selling anything may just set up a stall at a place of their choosing and start trading. This is turning even Malta's main street, Republic Street, into a flea market. It seems that street vendors can set up their stalls in the best areas, without any sanitary, health, safety or other standards, in some cases only a few metres away from established outlets who have to face a myriad of very costly regulations and other fees," the GRTU said. The Sliema local council, which has said it does not issue such permits, said it is inundated with complaints from the commercial community. The GRTU said that Sliema mayor Anthony Chircop had complained of a lack of enforcement against individuals without any street hawking permit, which permit is used outside the strict parameters that regulate street hawkers, including distance from other commercial establishments. "Our enterprises invest millions of euros to make Malta an attractive destination, a destination of high calibre. Their investment is being devalued by the vendors that occupy our roads and litter our prime sites abusively for their gain without the least consideration for the damage done to the country and other law abiding business people," the GRTU said. "The country's enforcement system continues to fail us and burden the legitimate businesses with inspections and heavy regulations whilst turning a blind eye to the street traders trading unlawfully and turning our island into one gigantic flea market. The GRTU and MHRA call on the government to take action now to remove these street traders from our prime sites and ensure they are adhering to regulations."