Issue link: https://maltatoday.uberflip.com/i/638406
maltatoday, WEDNESDAY, 10 FEBRUARY 2016 12 Regular market closed – 9/2/2016 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change ▼ BOV 41,266 92,150.550 19 2.238 2.220 2.238 2.230 -0.009 ● GO 12,800 40,884.100 8 3.200 3.170 3.170 3.200 0.000 ▼ HSB 26,812 45,332.460 14 1.700 1.680 1.700 1.680 -0.020 ▼ IHI 5,000 3,650.000 1 0.730 0.730 0.730 0.730 -0.005 ▲ MIA 30,230 136,025.000 5 4.500 4.499 4.499 4.500 0.001 ▼ MPC 50 27.500 1 0.550 0.550 0.550 0.550 -0.020 ▼ MTP 1,040 1,900.830 2 1.850 1.811 1.850 1.811 -0.039 ▲ RS2 5,000 16,625.000 2 3.325 3.325 3.325 3.325 0.015 ▼ G16A 6,988 7,041.810 1 100.770 100.770 100.770 100.770 -0.290 ▼ G16B 9,318 9,668.360 1 103.760 103.760 103.760 103.760 -0.010 ▼ G21A 35,000 43,361.500 1 123.890 123.890 123.890 123.890 -0.530 ▼ G22B 19,000 23,174.300 1 121.970 121.970 121.970 121.970 -0.760 ▼ G29A 20,000 27,752.000 2 138.760 138.760 138.760 138.760 -1.350 ▼ G29B 42,000 44,264.600 3 105.400 105.390 105.390 105.400 -0.840 ▼ G30A 30,800 43,505.000 1 141.250 141.250 141.250 141.250 -1.050 ▼ G31A 10,000 14,166.000 1 141.660 141.660 141.660 141.660 -1.340 ▼ G32B 30,000 39,585.000 1 131.950 131.950 131.950 131.950 -1.020 ▼ G33A 150,000 194,895.000 1 129.930 129.930 129.930 129.930 -1.300 ▼ G34A 150,000 190,045.800 2 126.700 126.690 126.700 126.690 -1.020 ▼ G40A 20,800 22,380.800 1 107.600 107.600 107.600 107.600 -0.900 ▼ BV18A 2,500 2,612.750 1 104.510 104.510 104.510 104.510 -0.050 ▼ BV30B 16,000 15,882.000 2 99.700 99.000 99.000 99.700 -0.190 ▼ HB17A 12,005 12,126.250 1 101.010 101.010 101.010 101.010 -0.490 ▲ HP25A 41,800 44,513.730 11 106.500 106.490 106.490 106.500 0.010 ● MS23A 2,000 2,190.000 1 109.500 109.500 109.500 109.500 0.000 Market Summary as at February 9, 2016 Equity Offi cial List Session State ................................................................... Market Closed Number of trades ............................................................. 84 Volume Traded ................................................................. 720,409 Value of € denominated securities .................................... 1,073,760.340 Value of US$ denominated securities ................................ 0.000 Value of GBP£ denominated securities .............................. 0.000 Current Index ................................................................... 4,464.134 Previous Index ................................................................. 4,481.364 Change in Index (%) ......................................................... -0.384% 6pm Holdings plc ......................... 0.700 0.00% MaltaPost plc ................................ 1.811 -2.11% Bank of Valletta plc ....................... 2.230 -0.40% Medserv plc .................................. 1.600 0.00% FIMBank plc .................................. 0.610 0.00% Mapfre Middlesea plc .................... 2.255 0.00% GlobalCapital plc ........................... 0.450 0.00% MIDI plc ........................................ 0.360 0.00% GO plc .......................................... 3.200 0.00% Plaza Centres plc ........................... 1.000 0.00% Grand Harbour Marina plc ............. 1.030 0.00% RS2 Software plc ........................... 3.325 0.45% HSBC Bank Malta plc ..................... 1.680 -1.18% Simonds Farsons Cisk plc .............. 6.100 0.00% International Hotel Investments plc 0.730 -0.68% Tigné Mall plc ................................ 0.970 0.00% Island Hotels Group Holdings plc .. 1.101 0.00% Pefaco International plc ................ 2.240 0.00% Lombard Bank Malta plc ............... 2.400 0.00% Santumas Shareholdings plc ........ 1.818 0.00% Malita Investments plc .................. 0.950 0.00% Malta Properties Company plc ....... 0.550 -3.51% Malta International Airport plc ....... 4.500 0.02% MSE Index Business Today Money Market Report for the week ending February 5, 2016 ECB Monetary Operations On Monday, February 1, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The operation was conducted on Tuesday, February 2, and attracted bids from euro area eligible counterparties of €61.23 billion, €7.74 billion lower than the bid amount of the previous week. The amount was allotted in full at a fixed rate equivalent to the prevailing MRO rate of 0.05%, in accordance with current ECB policy. On Wednesday, February 3, the ECB conducted a seven- day US dollar funding operation through collateralised lending in conjunction with the US Federal Reserve. This operation attracted bids of $0.09 billion, which was allotted in full at a fixed rate of 0.88%. Domestic Treasury Bill Market In the domestic primary market for Treasury bills, the Treasury invited tenders for 91-day and 273- day bills maturing on May 5 and November 3, 2016, respectively. Bids of €19.00 million were submitted for the 91-day bills, with the Treasury accepting €17.00 million, while bids of €7.00 million were submitted for the 273-day bills, with the Treasury accepting €6.00 million. Since no bills matured during the week, the outstanding balance of Treasury bills increased by €23.00 million, to stand at €349.05 million. The yield from the 91-day bill auction was -0.142%, up by 0.9 basis point from bids with a similar tenor issued on January 28, 2016, representing a bid price of 100.0359 per 100 nominal. The yield from the 273-day bill auction was -0.096%, up by 0.4 basis point from bids with a similar tenor issued on December 31, 2015, representing a bid price of 100.0729 per 100 nominal. During the week under review, there was no trading on the Malta Stock Exchange. On Tuesday the Treasury invited tenders for 91-day and 182-day bills maturing on May 12 and August 11, 2016, respectively. Fiat Chrysler shares fall as safety investigation widens Shares of Fiat Chrysler fell more than 7% on Monday as an investi- gation into its vehicles widened. The US National Highway Traffic Safety Administration (NHTSA) doubled its investigation to cover 856,000 Jeeps, but has not requested a recall. The investigation focuses on the cars' electronic gear shift, which lights up when moved from one gear to another, rather than making a physical click. Some say this means drivers cannot tell whether or not it is in drive mode. A Fiat Chrysler spokesman said the company "is cooperating fully". The investigation covers 2014 and 2015 Jeep Grand Cherokees and 2012 through 2014 Dodge Charger and Chrysler 300 sedans. According to the NHTSA, drivers' inability to tell whether the car is in drive mode or not has allegedly led to 117 crashes. The NHTSA is assessing "the scope, frequency, and safety- related consequences of the alleged defect". Other concerns In July, Fiat Chrysler was forced to recall 1.4 million Jeeps after it was revealed that the car's computer systems could be hacked. The company faced a record $105million fine for failing to recall those cars from the road sooner. The current investigation is not related to those issues, but has rattled investors. Fiat Chrylser is also facing a lawsuit from US dealers alleging it inflated sales. Banks lead slump on Tokyo's stock market Tokyo shares fell sharply in Tuesday trading, following tumbling markets across Europe and the US. The Nikkei 225 closed down 5.4% or 918.86 points at 16,085.44. It was its worst one-day fall since mid-2013. Earlier, US and European shares were pulled down by big falls among banking and technology stocks. Deutsche Bank led the fallers, dropping 9.5%. The Dow Jones dropped 1.1%, London's FTSE 100 fell 2.7% and the Athens stock exchange dropped to a 25-year low. Investors have been spooked by weak oil prices, with Brent crude hovering around $33 a barrel, concerns over slowing economic growth, particularly in China, the world's second largest economy, and the threat of a further interest rate rise in the US. In Tokyo, the banks were the biggest fallers, with Mitsubishi UFJ dropping 8.3%, Sumitomo Mitsui down 8.7% and Mizuho Financial Group losing 5.8%. The strengthening yen also hit big exporters, with the currency up 0.8% against the dollar. Toyota dropped 5.9%, Honda lost 6.4% and Nissan fell 6.8%. The Nikkei 225 is down more than 20% from its peak levels, reached last June. "When the strong yen is a concern, you would buy domestic-demand sensitive stocks like banks, but we can't buy them now so we are really struggling what to buy on a day like this," said Masashi Oda, senior investment officer at Sumitomo Mitsui Trust Bank. Meanwhile, in Australia the ASX index closed down 2.8% at 4,832, led by the country's banking sector. There was little trading elsewhere in Asia, with China's mainland markets shut all week for Lunar New Year celebrations. Hong Kong and South Korea are both closed for three days.