Issue link: https://maltatoday.uberflip.com/i/1040165
maltatoday | WEDNESDAY • 17 OCTOBER 2018 12 BUSINESS Market Summary as at 16/10/2018 Equities Official List Session State: ................................................................. Open Trading Date: .................................................................. 16-Oct-2018 Number of Trades: ........................................................... 92 Turnover: ....................................................................... €882,787.52 MSE TRX Index: ............................................................... 9,039.619 (Change: 0.593%) Bank of Valletta plc ............................. 1.350 -2.17% Mapfre Middlesea plc ......................... 1.940 1.04% FIMBank plc ....................................... 0.785 1.95% MIDI plc .............................................. 0.710 2.90% GlobalCapital plc ................................ 0.256 0.00% Plaza Centres plc ................................ 1.030 0.00% GO plc ................................................ 4.100 0.49% RS2 Software plc ................................ 1.170 0.00% Grand Harbour Marina plc .................. 0.750 0.00% Simonds Farsons Cisk plc .................... 7.950 0.63% HSBC Bank Malta plc ........................... 1.810 0.00% Tigné Mall plc ..................................... 0.955 0.00% International Hotel Investments plc .... 0.630 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 ........................ 0.910 0.00% Malta Properties Company plc ............. 0.565 5.61% Malta International Airport plc ............ 6.150 0.00% PG plc ................................................ 1.400 0.00% MaltaPost plc ...................................... 1.610 -1.83% Trident Estates plc .............................. 1.290 0.78% Medserv plc ....................................... 1.070 0.00% Main Street Complex plc ..................... 0.650 0.00% MSE Index Regular market closed – 16/10/2018 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change ▲ BOV 47,655 64,485.78 10 1.380 1.340 1.350 1.380 0.030 ● FIM 29,500 23,157.51 2 0.785 0.785 0.785 0.785 0.000 ▲ HSB 150 274.50 1 1.830 1.830 1.830 1.830 0.020 ▲ MDI 213,826 153,894.72 15 0.725 0.715 0.715 0.720 0.010 ● MIA 2,663 16,377.45 4 6.150 6.150 6.150 6.150 0.000 ▼ MLT 38,000 34,390.00 1 0.905 0.905 0.905 0.905 -0.005 ▲ MPC 119,644 68,471.05 8 0.575 0.570 0.570 0.575 0.010 ● MSC 48,000 31,027.50 3 0.650 0.645 0.645 0.650 0.000 ● PZC 7,500 7,725.00 2 1.030 1.030 1.030 1.030 0.000 ▼ G19A 14,908 15,765.21 1 105.750 105.750 105.750 105.750 -0.490 ▼ G23A 13,978 17,088.10 2 122.250 122.250 122.250 122.250 -0.270 ▼ G28B 17,800 22,543.20 4 126.650 126.600 126.600 126.650 -0.050 ▼ G29B 50,000 52,870.00 1 105.740 105.740 105.740 105.740 -0.280 ● G31A 16,000 22,206.40 1 138.790 138.790 138.790 138.790 0.000 ▼ G32B 6,000 7,827.60 1 130.460 130.460 130.460 130.460 -0.340 ▲ G33A 53,700 69,964.80 3 130.400 130.000 130.000 130.400 0.810 ▼ G34A 50,000 63,775.00 1 127.550 127.550 127.550 127.550 -0.360 ▲ G39A 11,100 11,155.50 2 100.500 100.500 100.500 100.500 0.020 ▲ 1923A 10,000 10,375.00 1 103.750 103.750 103.750 103.750 0.270 ● AX24A 1,400 1,575.00 1 112.500 112.500 112.500 112.500 0.000 ● BV30A 20,000 20,000.00 1 100.000 100.000 100.000 100.000 0.000 ● DF26A 14,000 14,469.00 5 103.350 103.350 103.350 103.350 0.000 ● EX28A 15,000 15,825.00 1 105.500 105.500 105.500 105.500 0.000 ▲ GF21A 3,300 3,425.40 2 103.800 103.800 103.800 103.800 0.190 ● HF28A 7,000 7,210.00 1 103.000 103.000 103.000 103.000 0.000 ▼ IH24A 13,100 14,154.55 2 108.050 108.050 108.050 108.050 -0.010 ● IH25A 6,200 6,589.36 4 106.280 106.280 106.280 106.280 0.000 ▲ IH26A 6,000 6,267.90 2 105.200 104.300 104.300 105.200 0.890 ▼ MI20A 3,500 3,640.00 1 104.000 104.000 104.000 104.000 -0.250 ▼ MS26A 50,000 50,475.00 1 100.950 100.950 100.950 100.950 -0.050 ● PG22A 18,000 19,980.00 2 111.000 111.000 111.000 111.000 0.000 ▲ ST27A 32,000 33,746.00 3 105.500 105.000 105.000 105.500 0.700 ▲ TI24A 5,000 5,437.50 1 108.750 108.750 108.750 108.750 0.650 ▲ TI27A 9,400 9,776.00 2 104.000 104.000 104.000 104.000 0.000 IN the run-up to the annual Budget, the Malta Chamber has proposed to Government a complete pre-budget document following an internal consulta- tion process with its members coming from all sectors of the Maltese Economy. In total the Malta Chamber made 30 key recommendations which in- clude well over 60 practical measures for inclusion in the Budget document for 2019. Now that the country has achieved unprecedented growth rates, full employment, consecutive fiscal surpluses and relative price stability, the Chamber reiterates its call on Government to capitalise on the present situation to invest in the necessary infrastructure and safeguard future sustain- ability. The context in which the Budget for next year is being designed, is that of a dynamic business environment charac- terised by numerous internal and external challenges. For this reason, the Chamber calls for further competitive enhancing measures with a view to protect the recent economic achieve- ments and ensure further sus- tainable growth. Following are the main recommendations the Malta Chamber made to Gov- ernment ahead of the Budget 2019. • The Budget exercise should be addressed from a multi-an- nual perspective, in order to en- sure continuity and long-term planning; • Government should carry out a carrying capacity analysis (including economic, social and environmental impact assess- ments) of the country by an in- dependent entity with involve- ment of the country's main stakeholders in the social and economic sphere; • The National Development and Social Fund established through the Individual Investor Programme (I.I.P.) should fi- nance a holistic transport strat- egy to shift towards a sustain- able and effective multi-modal transportation system; • Strengthening Identity Malta with more resources to enable better streamlined pro- cedures for recruiting third- country national employees and embarking on an international marketing campaign show-cas- ing employment opportunities and quality of life in Malta; • Extending all types of work- based learning across all the post-secondary and tertiary level educational institutes and; • Establishing a new national competitiveness agency to en- sure that the economy is not hampered by new and exces- sive regulations, measures and taxes which negatively impact competitiveness. Given how quality was a fundamental ele- ment in its Economic Vision for Malta 2014 – 2020, the Malta Chamber is pleased to note that Government is basing its Budg- et for 2019 on this central pil- lar of utmost importance. It is only through a renewed vision for quality that the country can make the next leap of value for all. Capitalise on past successes and make long-term plans MEDIRECT has launched a new asset transfer promotion, giving customers a 0.5% bonus on the value of investment se- curities transferred to MeDi- rect by 30 November, 2018. In addition, MeDirect will refund third party transfer fees of up to 0.5% of the value of invest- ments transferred. Both the bo- nus and refund will be paid by 31 December, 2018, making for a rewarding end-of-year gift. MeDirect is trusted by over 50,000 customers, and admin- isters €2billion deposits and €1billion assets on their behalf. Its high rate of customer reten- tion is built on the solid foun- dations of superior customer service, professional expertise and state-of-the art technol- ogy to offer low-cost banking services. MeDirect customers can view and manage all their savings and investments to- gether on one online platform, accessible 24/7 in a completely secure way. Its low banking and investment fees enable custom- ers to save money when trading and executing banking trans- actions, and to retain a higher share of the returns made of their investments. MeDirect offers a wide selec- tion of investment products, including funds, ETFs, shares, bonds, as well as Model Port- folios, which are baskets of investment funds aimed at di- versifying investment risk and achieving better returns. With branches in Sliema, Paola, Mo- sta and Gozo, a Belgian online bank, a London-based team of analysts, and the expertise of Charts, whose wealth manage- ment team has been operating in Malta since 1985, MeDirect can effectively support its cus- tomers in choosing the invest- ment strategy that better fits their needs. Customers interested in tak- ing advantage of the promotion need only visit one of MeDi- rect branches or login to their online banking to open an in- vestment account. Once this is done, they need to submit a transfer request together with a statement of holdings, show- ing their investment portfolio. MeDirect will then contact the existing investment custodian to arrange the transfer. New and current MeDirect customers can contact MeDi- rect by phone (+356) 2557 4400 or via email info@medirect. com.mt to set up an appoint- ment with one of its branch representatives and kick-start their asset transfer process. For more information about the promotion, read the 'Terms and Conditions of the 0.5% As- set Transfer Promotion' on the MeDirect website. 0.5% bonus on investments moved to MeDirect