Issue link: https://maltatoday.uberflip.com/i/685992
maltatoday, WEDNESDAY, 1 JUNE 2016 12 Regular market closed – 31/5/2016 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change ● 6PM 731 694.45 1 0.950 0.950 0.950 0.950 0.000 ● BOV 3,859 8,633.62 2 2.240 2.235 2.235 2.240 0.000 ▲ FIM 31,500 25,962.68 8 0.845 0.800 0.830 0.845 0.005 ▲ GO 150 435.00 2 2.900 2.900 2.900 2.900 0.010 ▲ HSB 15,019 24,180.59 2 1.610 1.610 1.610 1.610 0.010 ▼ IHI 9,800 6,324.20 2 0.649 0.640 0.649 0.640 -0.009 ▲ MDS 3,000 5,333.31 2 1.790 1.760 1.760 1.790 0.030 ● MLT 15,100 13,590.00 3 0.900 0.900 0.900 0.900 0.000 ▲ MMS 1,500 3,315.00 2 2.210 2.210 2.210 2.210 0.010 ▼ PZC 29,828 31,915.96 3 1.070 1.070 1.070 1.070 -0.010 ▼ RS2 13,666 47,557.68 2 3.480 3.480 3.480 3.480 -0.007 ▲ SFC 7,454 48,403.40 3 6.500 6.400 6.400 6.500 0.100 ▼ G16B 2,330 2,383.59 1 102.300 102.300 102.300 102.300 -0.030 ▼ G17C 12,000 12,724.80 3 106.040 106.040 106.040 106.040 -0.010 ● G21A 4,659 5,777.16 1 124.000 124.000 124.000 124.000 0.000 ▼ G22A 23,294 29,795.36 2 127.910 127.910 127.910 127.910 -0.240 ▼ G23A 2,796 3,727.07 1 133.300 133.300 133.300 133.300 -0.160 ▼ G28A 55,000 75,537.00 3 137.340 137.340 137.340 137.340 -0.270 ▼ G28B 5,000 6,706.50 1 134.130 134.130 134.130 134.130 -0.100 ▼ G30A 53,800 78,079.94 4 145.130 145.130 145.130 145.130 -0.120 ▼ G31A 41,000 59,868.20 2 146.020 146.020 146.020 146.020 -0.360 ▼ G32A 3,000 4,178.70 1 139.290 139.290 139.290 139.290 -0.390 ▼ G34A 5,000 6,590.50 1 131.810 131.810 131.810 131.810 -0.120 ▼ G36A 119,300 125,980.80 3 105.600 105.600 105.600 105.600 -0.150 ▼ G40A 44,300 49,044.53 5 110.710 110.710 110.710 110.710 -0.120 ▲ 6PM25 110,000 122,100.00 2 111.000 111.000 111.000 111.000 1.410 ▼ AX24A 10,400 11,700.00 1 112.500 112.500 112.500 112.500 -0.010 ● BV18A 2,500 2,600.25 1 104.010 104.010 104.010 104.010 0.000 ● BV19A 21,000 22,365.00 1 106.500 106.500 106.500 106.500 0.000 ▼ CF26A 5,000 5,175.00 1 103.500 103.500 103.500 103.500 -0.500 ● HP25A 24,900 26,803.25 5 108.500 106.900 106.900 108.500 0.000 ▲ IG24A 24,800 27,995.00 3 114.000 111.000 111.000 114.000 3.000 ▼ IH25A 800 876.40 1 109.550 109.550 109.550 109.550 -2.200 ● MF24A 28,300 31,305.46 2 110.620 110.620 110.620 110.620 0.000 ▼ MI17A 3,300 3,250.50 1 98.500 98.500 98.500 98.500 -0.500 ▲ MS23A 32,600 35,537.26 2 109.010 109.010 109.010 109.010 0.010 ● PG22A 27,200 31,280.00 2 115.000 115.000 115.000 115.000 0.000 ● SF20A 3,000 3,180.00 1 106.000 106.000 106.000 106.000 0.000 Market Summary as at May 31, 2016 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 83 Volume Traded ................................................................. 796,886 Value of € denominated securities .................................... 974,251.03 Value of US$ denominated securities ................................ 25,962.68 Value of GBP£ denominated securities .............................. 694.45 Current Index ................................................................... 4,470.295 Previous Index ................................................................. 4,464.315 Change in Index (%) ......................................................... 0.134% 6pm Holdings plc .......................... 0.950 0.00% MaltaPost plc ................................ 1.801 -6.20% Bank of Valletta plc ....................... 2.240 0.04% Medserv plc .................................. 1.760 0.00% FIMBank plc ................................. 0.840 -0.83% Mapfre Middlesea plc .................... 2.200 0.00% GlobalCapital plc ........................... 0.451 0.00% MIDI plc ........................................ 0.384 -1.03% GO plc .......................................... 2.890 0.17% Plaza Centres plc ........................... 1.080 0.00% Grand Harbour Marina plc ............. 0.900 0.00% RS2 Software plc ........................... 3.487 -0.34% HSBC Bank Malta plc ..................... 1.600 -0.12% Simonds Farsons Cisk plc .............. 6.327 0.00% International Hotel Investments plc 0.649 0.00% Tigné Mall plc ................................ 1.060 0.00% Island Hotels Group Holdings plc .. 1.101 0.00% Pefaco International plc ................ 2.240 0.00% Lombard Bank Malta plc ............... 2.100 0.00% Santumas Shareholdings plc ........ 2.380 0.00% Malita Investments plc .................. 0.900 0.00% Malta Properties Company plc ....... 0.512 0.39% Malta International Airport plc ....... 4.300 0.00% MSE Index Business Today UK business confi dence dips as EU referendum approaches With the EU referendum fast ap- proaching, UK companies have become gloomier about their trad- ing prospects and the economic outlook. Lloyds Bank's latest barometer of business mood found confidence in trading prospects fell to its lowest level in three years in May. Moreover, overall confidence and hiring plans were also down, according to the survey of about 200 companies with a turnover of more than £1m. The poll comes alongside a separate figures showing a dip in job vacancies and advertised salaries in May. Together the reports will add further fuel to the debate over whether the EU referendum is hurting business confidence or whether other factors are at play that will persist beyond the vote in June. Lloyds said a net balance of 32% of firms polled were feeling more confident, down from 38% in March and 45% at the start of the year. The drop in confidence was most marked in medium-sized companies with a turnover of between £5m and £20m. For all sizes of company, the net balance reporting an improvement in trading prospects fell 11 points on the month to a three-year low of 38%. There was also a drop in the net balance of firms expecting to increase staff levels. Hann-Ju Ho, a senior economist for Lloyds Bank commercial banking, said: "Our May survey shows a second consecutive monthly fall in overall sentiment, suggesting that economic growth may slow further in the second quarter due to near-term economic risks. "Despite this, overall confidence remains above the level in February of this year with increased resilience across our industrial sector and among larger firms." Lloyds' finding echo other recent polls which indicate that some businesses have deferred hiring and investment decisions until after the 23 June referendum, and the Bank of England has said those jitters will knock economic growth this quarter. Lloyds said 32% of the firms it polled were feeling more confident, down from 45% at the start of the year Money Market Report for the week ending May 27, 2016 ECB Monetary Operations On Monday, May 23, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The operation was conducted on Tuesday, May 24, and attracted bids from euro area eligible counterparties of €60.20 billion, €10.26 billion higher 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 0.00%, in accordance with current ECB policy. On Wednesday, May 25, the ECB conducted a three-month, longer-term refinancing operation to be settled as a fixed rate tender procedure with full allotment, with the rate fixed at the average rate of the MROs over the life of the operation. The auction attracted bids of €6.27 billion from euro area eligible counterparties. The amount was allotted in full in accordance with current ECB policy Also on Wednesday, May 25, 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 $0.80 billion, which was allotted in full at a fixed rate of 0.85%. Domestic Treasury Bill Market In the domestic primary market for Treasury bills, the Treasury invited tenders for 91-day and 182- day bills, maturing on August 25 and November 24, 2016. Bids of €53.00 million were submitted for the 91-day bills, with the Treasury accepting €12.40 million, while bids of €45.00 million were submitted for the 182-day bills, with the Treasury accepting €2.00 million. Since €28.80 million worth of bills matured during the week, the outstanding balance of Treasury bills decreased by €14.40 million, to stand at €338.00 million. The yield from the 91-day bill auction was -0.215%, down by 0.8 basis point from bids with a similar tenor issued on May 19, 2016, representing a bid price of 100.0544 per 100 nominal. The yield from the 182-day bill auction was -0.210%, down by 2.0 basis points from bids with a similar tenor also issued on May 19, 2016, representing a bid price of 100.1063 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 September 1 and December 1, 2016, respectively.