Issue link: https://maltatoday.uberflip.com/i/609762
maltatoday, WEDNESDAY, 2 DECEMBER 2015 12 Regular market closed – 1/12/2015 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change ▼ BOV 34,983 80,625.160 10 2.320 2.291 2.320 2.291 -0.019 ▲ FIM 281,300 164,740.500 6 0.600 0.585 0.585 0.600 0.040 ▼ GO 5,253 15,757.160 3 3.000 2.990 3.000 2.990 -0.010 ▼ HSB 37,976 66,963.650 15 1.800 1.750 1.800 1.750 -0.040 ▼ IHI 12,000 9,852.000 1 0.821 0.821 0.821 0.821 -0.025 ▲ MIA 500 2,005.000 1 4.010 4.010 4.010 4.010 0.010 ▼ MPC 166,179 91,547.900 34 0.650 0.500 0.650 0.500 -0.150 ▲ RS2 10,065 31,145.430 6 3.100 3.085 3.095 3.100 0.005 ▼ G16B 8,386 8,779.300 1 104.690 104.690 104.690 104.690 -0.030 ▲ G17C 40,000 43,252.000 2 108.130 108.130 108.130 108.130 0.130 ▼ G19A 3,495 4,326.460 1 123.790 123.790 123.790 123.790 -0.210 ▼ G22B 7,400 9,102.000 1 123.000 123.000 123.000 123.000 -0.130 ▼ G28B 5,000 6,648.500 1 132.970 132.970 132.970 132.970 -0.410 ▼ G29A 48,000 67,718.400 1 141.080 141.080 141.080 141.080 -0.230 ▼ G29B 125,000 133,700.000 2 106.960 106.960 106.960 106.960 -0.190 ▼ G29BA 211,100 225,753.990 14 106.960 106.920 106.950 106.920 -0.280 ▼ G30A 5,000 7,178.000 1 143.560 143.560 143.560 143.560 -0.440 ▼ G31A 3,000 4,318.800 1 143.960 143.960 143.960 143.960 -0.350 ▼ G32A 10,000 13,692.000 1 136.920 136.920 136.920 136.920 -0.570 ▼ G32B 26,700 35,812.710 2 134.130 134.130 134.130 134.130 -0.570 ▼ G40A 64,600 70,769.300 5 109.550 109.550 109.550 109.550 -0.440 ▲ 6PM25 7,800 8,560.500 1 109.750 109.750 109.750 109.750 0.190 ● CB21A 25,000 26,500.000 3 106.000 106.000 106.000 106.000 0.000 ● CF19A 2,000 2,080.000 2 104.000 104.000 104.000 104.000 0.000 ▼ HB18A 43,600 47,524.000 3 109.000 109.000 109.000 109.000 -0.250 ▲ HM24A 3,000 3,269.740 2 109.000 108.990 108.990 109.000 0.010 ▲ HP25A 32,600 35,253.360 13 108.300 108.110 108.110 108.300 0.190 ▲ IG24A 20,100 22,068.000 4 111.000 108.500 109.000 111.000 2.000 ● IH25A 9,200 10,297.750 4 112.000 111.000 111.000 112.000 0.000 ● MD18A 6,000 6,346.200 3 105.770 105.770 105.770 105.770 0.000 ▲ MF24A 9,900 10,964.250 1 110.750 110.750 110.750 110.750 0.130 ● PG20A 5,000 5,500.000 2 110.000 110.000 110.000 110.000 0.000 ● PT24A 12,600 13,608.000 2 108.000 108.000 108.000 108.000 0.000 Market Summary as at December 1 , 2015 Equity Offi cial List Session State ................................................................... Market Closed Number of trades ............................................................. 149 Volume Traded ................................................................. 1,282,737 Value of € denominated securities .................................... 1,120,919.560 Value of US$ denominated securities ................................ 164,740.500 Value of GBP£ denominated securities .............................. 0.000 Current Index ................................................................... 4,429.905 Previous Index ................................................................. 4,473.189 Change in Index (%) ......................................................... -0.968% 6pm Holdings plc .......................... 0.680 0.00% MaltaPost plc ................................. 1.990 0.00% Bank of Valletta plc ........................ 2.291 -0.82% Medserv plc .................................. 2.120 0.00% FIMBank plc .................................. 0.600 7.14% Mapfre Middlesea plc .................... 2.120 0.00% GlobalCapital plc ........................... 0.750 0.00% MIDI plc ........................................ 0.365 0.00% GO plc ........................................... 2.990 -0.33% Plaza Centres plc ........................... 0.970 0.00% Grand Harbour Marina plc ............. 1.040 0.00% RS2 Software plc............................ 3.100 0.16% HSBC Bank Malta plc ..................... 1.750 -2.23% Simonds Farsons Cisk plc ............... 6.370 0.00% International Hotel Investments plc 0.821 -2.96% Tigné Mall plc ................................ 0.940 0.00% Island Hotels Group Holdings plc ... 1.101 0.00% Pefaco International plc ................. 2.240 0.00% Lombard Bank Malta plc ................ 2.350 0.00% Santumas Shareholdings plc ......... 2.000 0.00% Malita Investments plc ................... 0.950 0.00% Malta Properties Company plc ........ 0.500 -23.08% Malta International Airport plc ....... 4.010 0.25% MSE Index 12 Business Today Brazil's recession deepens amid falling investment Brazil's economy shrank by 1.7% in the third quarter of the year compared with the second quarter, deepening the country's worst recession in 25 years. Compared with a year ago, the economy is 4.5% smaller. The country's unpopular President, Dilma Rousseff, has been trying to cut spending and raise taxes and this new fall in economic activity will make the latter harder. Her government is also entangled in a massive corruption scandal. The drop in economic activity was largely due to a drop in investment, which fell by 15% compared with a year ago. That has been falling for nine quarters in a row. Unemployment is at a six-year high and inflation is running at 10%, meaning household spending is being squeezed. The country's credit rating was cut to junk in September because of mounting political turmoil and the difficulties faced by President Rousseff's government in tackling growing debt. The rating means most of the world's major investors cannot lend to the country. Also in September, the Brazilian government announced a $7billion package of spending cuts aimed at plugging the huge black hole in the country's 2016 budget. Dilma Rousseff's public approval rating has hit record lows. Brazil's economy has been depressed by the end of the global commodities boom, while a corruption scandal centred on state oil giant Petrobras has damaged investor confidence. Samsung appoints new head for mobile business Samsung Electronics has appointed D.J. Koh, head of mobile research and development, as the new chief of the company's mobile communications business. The move follows setbacks in Sam- sung's mobile business during the ten- ure of the former head J.K. Shin, in- cluding an underestimation this year of demand for the Galaxy S6 Edge, while overestimating demand for the Galaxy S6 with a non-curved screen. Samsung said Tuesday that Shin and another co-chief executive officer would step back from day-to-day op- erations, according to the Wall Street Journal. The South Korean company is the largest player in the smartphone mar- ket, but this did not get reflected in the third quarter, when profits in the mobile phone business fell slightly from the previous quarter, because the company cut the price of the Galaxy S6 and S6 edge to help boost sales, and also sold a higher percentage of cheaper, low- and mid-range phones. The company shipped 84.5 million smartphones in the third quarter, up by 6 percent from the same period last year, for a 23.8 percent market share, according to IDC. Samsung faces competition from cheaper phones by Chinese brands at the low end and from Apple at the high end. Sub-$200 devices drove a major- ity of shipments in many key emerg- ing markets, according to IDC. The company has tried to make up for low margins on cheaper phones by focusing on premium handsets, with the launch of its Galaxy S6 edge+ and Note5. In its annual management reshuffle last year, Samsung retained Shin as one of three co-CEOs, despite specu- lation that he could lose his job after underwhelming smartphone sales. Asian stocks rally as China factory data boosts stimulus outlook Asian stocks rose following Monday's selloff as investors focused on the positives from Chinese data that showed manufacturing contracting to the lowest in three years. The MSCI Asia Pacific Index jumped 1.8 percent to 134.10 as of 4:54 p.m. Hong Kong time after dropping 1 percent on Monday to cap a 2 percent November decline. Material companies and utilities led gains on Tuesday as all of the meas- ure's 10 industry groups rose. Chi- na's official purchasing managers in- dex for November was 49.6, slightly below economists estimates for 49.8 and the lowest since August 2012. "The PMI was worse than expect- ed, so this may prompt more stimu- lus," said Mikio Kumada, a Hong Kong-based global strategist at LGT Capital Partners Ltd. "The seasonal pattern always favors equities toward the end of the year." Six interest-rate cuts over the past year haven't been enough to spur a recovery in Chinese manufactur- ing, which has continued to weaken, while activity in the services sector has shown more strength. The non- manufacturing PMI rose to 53.6 from 53.1 a month earlier. Numbers below 50 indicate deterioration. The Shanghai Composite Index was stable on Tuesday, closing 0.3 percent higher, fol- lowing two days of volatility triggered by regulatory probes of brokerages. Property com- panies rallied the most in three months on speculation the gov- ernment will boost stimulus, with Poly Real Estate Group Co. surging by the daily limit of 10 percent. Japan's Nikkei 225 Stock Aver- age rose 1.3 percent to close above 20,000 for the first time since August as government data showed capital spending jumped more than expect- ed and company profits increased in the third quarter. Sosei Group Corp. soared 17 percent after Pfizer Inc. agreed to buy a 3 percent stake in the Tokyo-based drug maker.