Issue link: https://maltatoday.uberflip.com/i/665749
maltatoday, WEDNESDAY, 13 APRIL 2016 12 Regular market closed – 12/4/2016 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change ● 6PM 14,200 11,360.00 1 0.800 0.800 0.800 0.800 0.000 ▼ BOV 33,407 75,616.40 17 2.274 2.250 2.274 2.250 -0.020 ▼ FIM 164,000 115,090.00 4 0.730 0.700 0.700 0.730 -0.010 ▲ GO 29,987 103,945.80 9 3.480 3.439 3.439 3.480 0.030 ▼ HSB 22,567 36,663.19 6 1.671 1.600 1.671 1.600 -0.071 ▼ LOM 14,587 31,842.66 5 2.220 2.180 2.220 2.180 -0.050 ● MIA 2,300 10,062.50 1 4.375 4.375 4.375 4.375 0.000 ▲ MMS 20,147 48,531.12 4 2.420 2.400 2.400 2.420 0.169 ▲ MPC 87,005 52,653.00 7 0.610 0.600 0.600 0.600 0.010 ▼ G17C 33,300 35,501.13 1 106.610 106.610 106.610 106.610 -0.010 ▼ G18A 6,989 8,211.38 2 117.490 117.490 117.490 117.490 -0.060 ▼ G21A 13,977 17,363.63 2 124.230 124.230 124.230 124.230 -0.040 ▲ G28A 3,500 4,826.85 1 137.910 137.910 137.910 137.910 0.100 ▼ G28B 10,000 13,468.00 2 134.680 134.680 134.680 134.680 -0.460 ▼ G29B 38,000 41,496.00 2 109.200 109.200 109.200 109.200 -0.560 ▼ G30A 38,000 55,388.80 4 145.760 145.760 145.760 145.760 -0.500 ▲ G32A 15,000 20,977.50 2 139.850 139.850 139.850 139.850 0.520 ▼ G32B 270,000 370,295.00 3 137.150 137.100 137.100 137.150 -0.370 ▲ G33A 60,000 81,180.00 2 135.300 135.300 135.300 135.300 0.100 ▼ G34A 6,000 7,944.00 1 132.400 132.400 132.400 132.400 -0.220 ▼ G36AA 1,407,400 1,490,840.05 34 106.100 105.500 105.500 105.860 -0.110 ▼ G40A 204,200 226,217.50 8 110.950 110.710 110.900 110.710 -0.100 ▲ 6PM25 46,000 50,600.00 2 110.000 110.000 110.000 110.000 0.410 ● BV18A 15,000 15,675.00 1 104.500 104.500 104.500 104.500 0.000 ▼ BV19A 5,000 5,302.50 1 106.050 106.050 106.050 106.050 -0.010 ▲ BV20A 23,000 24,279.00 5 108.000 105.000 105.000 108.000 3.480 ▲ BV30A 100,000 99,564.10 4 99.900 99.500 99.500 99.900 0.400 ▲ GC16A 2,300 2,208.00 1 96.000 96.000 96.000 96.000 1.000 ▼ IG19A 14,900 15,354.50 4 104.000 101.000 104.000 101.000 -3.000 ▼ MD18A 232,000 235,237.20 3 101.400 101.310 101.310 101.400 -2.550 ▲ PG22A 100,000 114,000.00 5 114.000 114.000 114.000 114.000 3.500 ● SF20A 700 728.00 1 104.000 104.000 104.000 104.000 0.000 Market Summary as at April 12, 2016 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 145 Volume Traded ................................................................. 3,033,466 Value of € denominated securities .................................... 3,295,972.81 Value of US$ denominated securities ................................ 115,090.00 Value of GBP£ denominated securities .............................. 11,360.00 Current Index ................................................................... 4,525.746 Previous Index ................................................................. 4,537.697 Change in Index (%) ......................................................... -0.263% 6pm Holdings plc ......................... 0.800 -9.09% MaltaPost plc ................................. 1.980 0.00% Bank of Valletta plc ....................... 2.270 -0.61% Medserv plc .................................. 1.800 0.00% FIMBank plc .................................. 0.712 0.00% Mapfre Middlesea plc .................... 2.251 -9.60% GlobalCapital plc ........................... 0.339 0.00% MIDI plc ........................................ 0.359 0.00% GO plc .......................................... 3.450 3.63% Plaza Centres plc ........................... 1.020 0.00% Grand Harbour Marina plc ............. 0.900 0.00% RS2 Software plc ........................... 3.800 0.00% HSBC Bank Malta plc ..................... 1.671 0.66% Simonds Farsons Cisk plc .............. 6.100 0.00% International Hotel Investments plc 0.621 -4.46% Tigné Mall plc ............................... 1.070 1.90% Island Hotels Group Holdings plc ... 1.101 0.00% Pefaco International plc ................ 2.240 0.00% Lombard Bank Malta plc ............... 2.230 0.00% Santumas Shareholdings plc ......... 2.360 0.00% Malita Investments plc .................. 0.935 -0.53% Malta Properties Company plc ........ 0.590 0.00% Malta International Airport plc ....... 4.375 -0.11% MSE Index Business Today Market commentary: Alcoa kicks off earnings season Stocks were on the rise on Monday following a rally in oil prices and weak Chinese inflation figures, which increased the hope of further market- boosting stimulus. European shares opened higher after reversing early losses, helped by gains in banks and mining stocks. US stocks also surged ahead of the start of the first quarter earnings season. Italy's FTSE MIB was the best performing major index, enjoying a rise of 1.2%. Shares in Italian banks soared on Monday as the government prepared to meet banks and Bank of Italy executives to agree and formulate details of an investment fund. The aim of this fund is to help local lenders shed bad loans and recapitalise. Banca Monte dei Paschi di Siena was up 9.35%, and Banco Popolare Società Cooperativa enjoyed a rise of 10.61%. In the mining industry, most mining shares were higher thanks to soft inflation data from China, making investors speculate that the Chinese authorities may act again to stimulate the world's second largest economy. Copper and platinum producer Anglo American enjoyed a rise of 6.8% and iron ore heavyweight Rio Tinto was up 2.4%, with Glencore PLC adding 3.4%. In other news, the owner of Britain's Daily Mail newspaper and media group is one of several bidders for the ailing Internet company, Yahoo Inc. Yahoo shares were up 1.2% at $36.49 on news that it has extended the deadline for offers by a week. Telecom giant Verizon Communications is among the big group of companies also interested in Yahoo, as the April 18 deadline for preliminary offers looms. Chesapeake Energy Corp. also enjoyed a great start to the week, as its shares surged 12% on Monday. This was after the company reached an amended agreement with its lenders that allows it to borrow as much as $2.5 billion, and offers relief on some terms of its debt covenants. Shares in Direct Line and Next were among the losers on the FTSE, thanks to a broker downgrade. Food giant Nestlé also fell as its shares went ex- dividend. Meanwhile, gold remains underpinned by global growth concerns. The precious metal headed for a third straight session gain on Monday, as investors' risk aversion propped up market havens, such as gold and the Japanese Yen. June gold was up 1.27% to $1,259 an ounce. A weaker US dollar is proving a bullish factor for gold as the precious metal has continued its inverse relationship with the American currency. Elsewhere in the metals market, May silver jumped 3.65% to trade at $15.86 an ounce. May copper also traded in the green, as did platinum and palladium. Alcoa was among the first companies to kick-off the first quarter earnings reporting season after the bell on Monday. While shares were up 3.42% in Monday trading, Wall Street analysts anticipated a third straight quarter of declines in both earnings and revenue, thanks to weakness is aluminium prices. And that is infact what happened. In the report, Alcoa said its first quarter earnings fell an impressive 92%, as continued weak prices in its raw aluminium segment affected company growth. Revenue decreased 15% to $4.9 billion, causing shares in Alcoa to shed 3.6% in after hours trading. Throughout the week, various other companies are due to release their first-quarter earnings. On Wednesday, eyes will turn to J.P. Morgan Chase, and Thursday will see companies such as Bank of America, BlackRock and Wells and Fargo deliver earnings. Citigroup and Regions Financial Corporation are then due on Friday. Visa showcases contactless payments at Eurovision The Eurovision Song Contest 2016 is just around the corner, and with many Maltese Eurovision fans ea- gerly awaiting the exciting night on May 14th, Visa Europe is also joining in the festivities, as an Of- ficial Partner of the event. Visa will be the preferred payment partner for the event which will take place in Stockholm. Visa will create a contactless payments experience for the audience attending the Final and Semi-Finals of the contest as well as for visitors to the Eurovision Village at Kungsträdgården in Stockholm. Though yet to reach Maltese shores, contactless payments are becoming increasingly common across Europe, as a quick, easy and secure way to shop. A contactless device contains an antenna that when touched against a contactless terminal, securely transmits purchase information to and from the terminal. Efraim Preisler, Senior Relationship Manager for Israel and Malta at Visa Europe, remarked: "The Eurovision Song Contest is a very popular event across Europe and particularly in Malta, with global television viewing figures in the hundreds of millions and a major draw for visitors to the host city. Visa Europe is delighted to be sponsoring this year's contest as well as enabling those attending in Stockholm to experience the speed and convenience of contactless payments. "Yet to be launched in Malta, contactless is becoming increasingly prevalent across Europe, providing consumers with the benefits of faster checkout experiences, expanded acceptance as well as curtailing their need to carry cash for low value payments. Together with key stakeholders, Visa Europe will enable contactless acceptance across the Eurovision venues as well as facilitate contactless experiences." This year's Eurovision Song Contest marks the 61st anniversary of the first ever contest held back in 1956 and is set out to be the largest event thus far, reaching 200 million television viewers across the world. This year will mark the 29th time that Malta has participated in the contest. The 2016 event will open with Semi- Finals on 10 and 12 May with the Final being held on 14 May at the Globe Arena in Stockholm. Malta will be represented this year by Ira Losco with the song 'Walk on Water'. Jon Ola Sand, Executive Supervisor of the Eurovision Song Contest, added: "We are pleased to welcome the world's number one payment provider, Visa, as a sponsor of the 2016 Eurovision Song Contest. Visa Europe has an established track record sponsoring some of the biggest events in the world, which makes us even more proud to have them on board."