Issue link: https://maltatoday.uberflip.com/i/1035530
maltatoday | WEDNESDAY • 3 OCTOBER 2018 12 BUSINESS Market Summary as at 02/10/2018 Equities Official List Session State: ................................................................. Open Trading Date: .................................................................. 2-Oct-2018 Number of Trades: ........................................................... 76 Turnover: ....................................................................... €704,433.93 MSE TRX Index: ............................................................... 8,776.126 (Change: 0.051%) Bank of Valletta plc ............................. 1.440 -0.69% Mapfre Middlesea plc ......................... 1.830 0.00% FIMBank plc ....................................... 0.640 1.59% MIDI plc .............................................. 0.565 0.00% GlobalCapital plc ................................ 0.256 0.00% Plaza Centres plc ................................ 1.000 0.00% GO plc ................................................ 3.700 1.65% RS2 Software plc ................................ 1.180 0.00% Grand Harbour Marina plc .................. 0.750 0.00% Simonds Farsons Cisk plc .................... 7.800 1.30% HSBC Bank Malta plc ........................... 1.780 1.71% Tigné Mall plc ..................................... 0.960 0.00% International Hotel Investments plc .... 0.645 0.00% Pefaco International plc ..................... 2.240 0.00% Lombard Bank Malta plc ..................... 2.420 0.00% Santumas Shareholdings plc .............. 1.410 0.00% Malita Investments plc ........................ 0.870 0.00% Malta Properties Company plc ............. 0.500 -4.76% Malta International Airport plc ............ 6.150 1.65% PG plc ................................................ 1.400 0.00% MaltaPost plc ...................................... 1.650 0.00% Trident Estates plc .............................. 1.340 0.00% Medserv plc ....................................... 1.090 0.00% Main Street Complex plc ..................... 0.655 0.00% MSE Index Regular market closed – 02/10/2018 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change ● BOV 24,850 35,720.00 11 1.440 1.430 1.440 1.430 -0.010 ● GO 2,232 8,256.30 4 3.700 3.640 3.700 3.700 0.000 ▼ HSB 21,792 38,380.60 4 1.780 1.760 1.760 1.760 -0.020 ▲ MIA 9,808 61,109.20 12 6.300 6.150 6.150 6.300 0.150 ▼ MLT 26,253 22,840.11 2 0.870 0.870 0.870 0.870 0.000 ▲ MPC 20,269 10,634.50 4 0.525 0.500 0.500 0.525 0.025 ● PZC 50,000 50,000.00 3 1.000 1.000 1.000 1.000 0.000 ● SFC 385 3,003.00 2 7.800 7.800 7.800 7.800 0.000 ● G21A 3,495 3,968.22 1 113.540 113.540 113.540 113.540 0.000 ▲ G22A 14,909 17,565.55 3 117.820 117.800 117.800 117.820 0.040 ▼ G22B 30,000 34,203.00 1 114.010 114.010 114.010 114.010 -0.230 ▲ G23A 2,330 2,859.84 1 122.740 122.740 122.740 122.740 0.080 ▲ G28B 30,000 38,250.00 1 127.500 127.500 127.500 127.500 0.130 ▲ G29B 50,000 53,330.00 1 106.660 106.660 106.660 106.660 0.150 ▲ G34A 50,000 64,420.00 1 128.840 128.840 128.840 128.840 0.220 ● 6PM25 9,000 9,180.00 1 102.000 102.000 102.000 102.000 0.000 ● BV19A 4,000 4,068.00 1 101.700 101.700 101.700 101.700 0.000 ● BV19B 4,000 4,050.00 1 101.250 101.250 101.250 101.250 0.000 ▼ BX27A 10,000 10,375.00 1 103.750 103.750 103.750 103.750 -0.740 ● DF26A 47,000 48,880.00 5 104.000 104.000 104.000 104.000 0.000 ▲ EF27A 21,000 21,884.10 1 104.210 104.210 104.210 104.210 0.010 ● EX28A 12,000 12,655.00 2 105.500 105.400 105.400 105.500 0.000 ▲ HF28A 15,000 15,466.50 1 103.110 103.110 103.110 103.110 0.010 ▼ HP25A 10,000 10,300.00 1 103.000 103.000 103.000 103.000 -2.000 ● IB25A 8,000 8,560.00 1 107.000 107.000 107.000 107.000 0.000 ▼ MD26A 6,000 6,299.16 2 104.990 104.980 104.980 104.990 -0.010 ● MF24A 10,000 10,959.00 1 109.590 109.590 109.590 109.590 0.000 ● MM26A 25,000 25,975.00 1 103.900 103.900 103.900 103.900 0.000 ▲ PG20A 7,800 8,024.40 2 103.000 102.800 102.800 103.000 0.200 ▲ SD27A 39,700 41,322.85 3 104.100 104.050 104.050 104.100 0.100 ▲ ST27A 21,000 21,894.60 1 104.260 104.260 104.260 104.260 0.010 Palumbo acquires Croatia's Viktor Lenac PALUMBO Group has just secured complete control of Croatia's historic Vik- tor Lenac shipyard, acquir- ing an 80-per-cent share in the company and further strengthening the Group's position in the Mediterra- nean. Owners of Malta's thriv- ing shipyard in Cottonera, Palumbo Group's latest move will see the empire of Neapolitan businessman Antonio Palumbo grow to eight shipyards as he focuses on providing specialised off- shore services and expand- ing the respective supery- acht business. "Acquiring control in the Viktor Lenac shipyard means we're casting our net as wide as possible to continue offering the best service for our clients in a cutthroat environment of cost-cutting," Group presi- dent Antonio Palumbo said. "Malta's shipyard in Cot- tonera is strategically posi- tioned at the centre of our network, as we remain fo- cused to tap every opportu- nity and continue expanding our network," he added. Situated on the northern Croatian Adriatic coast, the Viktor Lenac is one of Croa- tia's major shipyards, which traces its history back to 1896 and holds a long tradi- tion in ship repair. Today, the Viktor Lenac specialises in ship conver- sions and repairs and among its clients is the US Navy, which serviced several of its ships there in recent years. When Palumbo Group had first acquired a 14-per-cent share in the shipyard in May, Viktor Lenac CEO Aljosa Pavelin had welcomed the move as an opportunity to create considerable synergy and merge expertise. Shortly after this, Palum- bo had the opportunity to launch a public offer to se- cure majority shareholding, which he succeeded in ac- quiring in these recent days. His priority is to continue consolidating the strengths of his shipyards — that in- clude Malta, Naples, Messi- na, Marseilles, Tenerife, Savona and Ancona — to meet the market's demands and exceed expectations. "I can assure everybody that our philosophy to in- novate and embrace change will continue to guide us as we move forward with opti- mism and confidence." DOLFIN, an independent and agile wealth management plat- form, announced yesterday that its Maltese unit, Dolfin Asset Services Ltd, has become a member of the Malta Stock Exchange (MSE). Dolfin CEO Denis Nagy took part in the MSE's traditional ringing of the bell ceremony this morning to mark the occasion. The firm's membership means that Dolfin's traders in Malta and its clients have direct ac- cess to Malta's securities mar- ket, both in bonds and equities. The move builds on the Dolfin Group's ambition to offer a true one-stop-shop to its clients – for investment accounts, execution, or asset management – regard- less of whether they custody their assets in London or Malta. Dolfin already provides its inter- national clients with UK inves- tor visa solutions and plans to offer a similar service for Malta. Membership of the MSE also gives Dolfin access to the Mal- tese central security deposi- tory and increases its efficiency by enabling trading directly through the MSE without going through an intermediary. Ramon Bondin, CEO of Dolfin Asset Services in Malta, said: "Our membership of the MSE demonstrates our ongoing com- mitment to financial services in Malta. Since opening our office in Valletta this April, we have continued to grow and invest in the financial centre. Our mem- bership enables us to provide our clients with a faster, more efficient service while further embedding our roots in Malta." Dolfin secured its Malta cus- tody and depository licence ear- lier this year, making it the first provider on the island to offer access to depositary facilities with London-based custody. Its membership with the MSE fur- ther solidifies Dolfin's position in Malta's growing financial ser- vices industry. Joseph Portelli, Chairman at the Malta Stock Exchange, said: "The Malta Stock Exchange is pleased to be welcoming Dolfin as our newest member. Dolfin is the second broker affiliated with the exchange which has a strong international presence. Attract- ing foreign-based brokers is testament that the Malta Stock Exchange will have a growing international footprint". Dolfin rings in its membership at the Malta Stock Exchange