Issue link: https://maltatoday.uberflip.com/i/619227
maltatoday, WEDNESDAY, 23 DECEMBER 2015 12 Regular market closed – 22/12/2015 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change ▲ 6PM 5,873 4,052.370 2 0.690 0.690 0.690 0.690 0.010 ▼ BOV 35,757 82,812.660 21 2.330 2.300 2.330 2.301 -0.029 ▲ FIM 14,077 9,431.590 2 0.670 0.670 0.670 0.670 0.020 ▼ GHM 500 500.000 1 1.000 1.000 1.000 1.000 -0.040 ● GO 1,273 3,805.350 2 3.000 2.950 2.950 3.000 0.000 ▼ HSB 8,459 15,113.720 5 1.795 1.750 1.779 1.750 -0.029 ▼ MDS 26,390 52,133.900 9 2.080 1.950 2.080 1.950 -0.130 ▲ MIA 37,737 150,553.000 14 4.000 3.931 3.931 4.000 0.100 ▲ MMS 5,500 12,595.480 7 2.300 2.285 2.285 2.300 0.150 ▼ MPC 45,299 21,836.520 7 0.500 0.471 0.500 0.471 -0.029 ▼ SFC 529 3,174.000 2 6.000 6.000 6.000 6.000 -0.350 ▼ TML 9,416 8,851.040 2 0.940 0.940 0.940 0.940 -0.015 ▼ G16B 48,917 51,072.380 2 104.410 104.400 104.400 104.410 -0.020 ▼ G17C 8,000 8,631.200 1 107.890 107.890 107.890 107.890 -0.110 ▼ G20B 5,000 5,899.000 1 117.980 117.980 117.980 117.980 -0.060 ▼ G20E 33,600 35,965.440 1 107.040 107.040 107.040 107.040 -0.110 ▼ G21A 23,294 28,896.210 1 124.050 124.050 124.050 124.050 -0.070 ▼ G22B 30,000 36,582.000 1 121.940 121.940 121.940 121.940 -0.070 ▲ G23A 13,977 18,536.300 1 132.620 132.620 132.620 132.620 0.090 ▼ G24A 10,000 11,675.000 1 116.750 116.750 116.750 116.750 -0.070 ▼ G28B 113,000 148,843.600 4 131.720 131.720 131.720 131.720 -0.020 ▼ G29B 33,500 35,493.250 1 105.950 105.950 105.950 105.950 -0.040 ▼ G29BA 175,000 185,487.500 2 106.000 105.950 105.950 106.000 -0.040 ▼ G30A 35,000 49,752.500 1 142.150 142.150 142.150 142.150 -0.050 ● G32A 11,500 15,627.350 1 135.890 135.890 135.890 135.890 0.000 ▲ G32B 120,000 161,340.000 2 134.450 134.450 134.450 134.450 1.640 ▲ G33A 40,000 52,208.000 1 130.520 130.520 130.520 130.520 0.010 ▲ G34A 404,500 514,760.800 4 127.290 127.240 127.240 127.290 0.090 ▼ G40A 58,600 63,651.320 3 108.620 108.620 108.620 108.620 -0.380 ▲ BV19B 1,000 1,038.500 1 103.850 103.850 103.850 103.850 0.150 ● BV20A 10,000 10,705.000 1 107.050 107.050 107.050 107.050 0.000 ● HP25A 4,900 5,267.990 3 107.510 107.510 107.510 107.510 0.000 ▲ MD18B 10,000 10,200.000 2 102.000 102.000 102.000 102.000 1.000 ▲ MO19A 1,700 1,761.540 3 103.620 103.620 103.620 103.620 0.010 Market Summary as at December 22 , 2015 Equity Offi cial List Session State ................................................................... Market Closed Number of trades ............................................................. 112 Volume Traded ................................................................. 1,382,298 Value of € denominated securities .................................... 1,794,570.550 Value of US$ denominated securities ................................ 9,431.590 Value of GBP£ denominated securities .............................. 14,252.370 Current Index ................................................................... 4,436.974 Previous Index ................................................................. 4,452.537 Change in Index (%) ......................................................... -0.350% 6pm Holdings plc .......................... 0.690 1.47% MaltaPost plc ................................. 1.908 0.00% Bank of Valletta plc ....................... 2.301 -1.24% Medserv plc .................................. 1.950 -6.25% FIMBank plc .................................. 0.670 3.08% Mapfre Middlesea plc .................... 2.300 6.98% GlobalCapital plc .......................... 0.750 0.00% MIDI plc ........................................ 0.360 0.00% GO plc .......................................... 3.000 0.00% Plaza Centres plc ........................... 1.000 0.00% Grand Harbour Marina plc ............. 1.000 -3.85% RS2 Software plc ........................... 3.170 0.00% HSBC Bank Malta plc ..................... 1.750 -1.63% Simonds Farsons Cisk plc .............. 6.000 -5.51% International Hotel Investments plc 0.780 0.00% Tigné Mall plc ............................... 0.940 -1.57% Island Hotels Group Holdings plc .. 1.101 0.00% Pefaco International plc ................ 2.240 0.00% Lombard Bank Malta plc ................ 2.485 0.00% Santumas Shareholdings plc ......... 2.000 0.00% Malita Investments plc ................... 0.984 0.00% Malta Properties Company plc ....... 0.471 -5.80% Malta International Airport plc ....... 4.000 2.56% MSE Index 12 Business Today Martin Shkreli fi red from drug fi rm KaloBios following arrest Martin Shkreli has been fired as chief executive from the drug company KaloBios Pharmaceuti- cals. It comes just days after his arrest by the FBI for securities fraud. In a short statement, the company said he had also stepped down voluntarily from the board. Shkreli, who came to prominence after his company raised the price of a lifesaving HIV drug by 5,000%, has pleaded not guilty to the fraud charges. He has already resigned as head of the company that made the drug, Turing Pharmaceuticals. The FBI has accused Shkreli of using assets from his former company, Retrophin, to illegally pay off debts at MSMB, the hedge fund he managed. He was released on $5 million bail. Shkreli has said his arrest was due to his decision to raise the price of Daraprim- a drug used to treat autoimmune diseases such as HIV. In September, Turing increased the price of a Damaprim pill from $13.50 to $750. Shkreli has defended his actions and been outspoken about his decision to raise the price on social media. He told the Wall Street Journal that he felt the government was out to get him for "teasing people on the internet" and that his arrest was part of a "social experiment". Crisis-hit Toshiba plunges again after record loss Shares in electronics giant Toshiba plunged to their low- est level in nearly seven years after it warned of a $4.5 bil- lion annual loss, announced layoffs and saw its credit rat- ing downgraded to junk sta- tus, following an embarrass- ing profit-padding scandal. Crisis-hit Toshiba said after markets closed on Monday it would book the record loss and cut thousands of jobs, sending the shares down 12pc on Tuesday to finish at 223.5 yen. That came on top of a 10pc decline on Monday, following weekend reports of the profit shortfall. Toshiba's shares have lost more than half their value since revelations earlier this year that executives pressured underlings to falsely inflate profits to hide poor results. The $1.2 billion accounting scandal has been blamed on management's overzealous pursuit of profit. Hisao Tanaka and vice chairman Norio Sasaki - also a former president - stepped down after an independent report found senior management complicit in a years-long scheme to pad profits. The scandal prompted the company to consider third-party alliances for some units and a restructure of the business that makes TVs and PCs. But the company's woes deepened today after Moody's cut its credit rating to junk, casting doubt on the turnaround plan. Moody's said its two notch- downgrade to Ba2 was in response to Toshiba's overhaul and its weak prospects - and warned of more possible cuts. "The announcement indicated that earnings and cash flow generation will be significantly below our previous expectations," said Moody's analyst Masako Kuwahara. She added that, "our expectation of improvement in earnings, if any, for each business segment will be very gradual even after the restructuring". Moody's added that it was "uncertain as to whether or not Toshiba can generate strong positive free cash flows in the future — which can in turn be used to repay debt — given the large scale of capital expenditures the company will need". President Masashi Muromachi is considering options such as listing the memory chip division or selling a majority stake in a medical equipment unit after restating earnings across seven years. "Considering how bad things have gotten, this level of restructuring is the least they can do," said Mitsushige Akino, Tokyo-based executive at Ichiyoshi Asset Management. "They need to do more, but it's not as simple as cutting people and closing unprofitable businesses. The questions is what will the results be two years after the restructuring."