Issue link: https://maltatoday.uberflip.com/i/695268
maltatoday, WEDNESDAY, 22 JUNE 2016 12 Regular market closed – 21/6/2016 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change ▲ BOV 6,823 15,240.75 5 2.240 2.230 2.230 2.240 0.005 ▲ FIM 283,181 257,233.89 7 0.920 0.900 0.910 0.920 0.010 ▲ GO 28,150 81,384.12 7 2.900 2.850 2.860 2.900 0.010 ▼ HSB 11,457 18,548.70 6 1.620 1.600 1.619 1.600 -0.005 ● LOM 2,000 4,000.00 1 2.000 2.000 2.000 2.000 0.000 ● MDI 800 304.00 1 0.380 0.380 0.380 0.380 0.000 ▲ MDS 43,400 75,974.00 3 1.790 1.750 1.750 1.790 0.040 ● MIA 2,350 9,987.50 1 4.250 4.250 4.250 4.250 0.000 ▼ MLT 7,000 6,230.00 1 0.890 0.890 0.890 0.890 -0.010 ● MMS 620 1,364.00 2 2.200 2.200 2.200 2.200 0.000 ● MPC 15,150 7,665.90 2 0.506 0.506 0.506 0.506 0.000 ● MTP 12,476 22,456.80 2 1.800 1.800 1.800 1.800 0.000 ▲ RS2 2,300 7,975.70 2 3.499 3.451 3.451 3.499 0.048 ● SFC 12,000 76,000.00 2 6.340 6.300 6.340 6.300 0.000 ▼ G16B 4,659 4,753.58 1 102.030 102.030 102.030 102.030 -0.040 ▼ G17C 54,500 57,661.00 2 105.800 105.800 105.800 105.800 -0.030 ▲ G20B 9,000 10,531.80 1 117.020 117.020 117.020 117.020 0.010 ▲ G21A 8,500 10,527.25 2 123.850 123.850 123.850 123.850 0.020 ▼ G22B 40,700 49,833.08 2 122.440 122.440 122.440 122.440 -0.100 ▼ G24A 6,000 7,128.90 2 118.860 118.770 118.770 118.860 -0.080 ▲ G28A 6,500 8,959.60 2 137.840 137.840 137.840 137.840 0.300 ▲ G28B 70,500 94,928.25 8 134.650 134.650 134.650 134.650 0.300 ▲ G29B 48,000 52,593.60 2 109.570 109.570 109.570 109.570 0.150 ▲ G30A 130,100 190,001.14 6 146.050 146.040 146.040 146.050 0.170 ▲ G31A 5,500 8,091.05 1 147.110 147.110 147.110 147.110 0.180 ▲ G32A 39,000 54,752.10 4 140.390 140.390 140.390 140.390 0.170 ▲ G32B 18,000 24,740.00 2 137.500 137.400 137.400 137.500 0.100 ▲ G34A 225,100 299,553.94 5 133.140 132.940 132.940 132.940 0.140 ▲ G36A 781,800 830,325.21 36 106.450 106.000 106.000 106.010 0.010 ▲ G40A 119,500 133,034.71 11 111.370 111.140 111.140 111.370 0.230 ● BV20A 16,000 16,800.00 2 105.000 105.000 105.000 105.000 0.000 ▲ CF26A 50,000 52,500.00 2 105.000 105.000 105.000 105.000 0.250 ▲ HB17A 64,359 65,388.74 1 101.600 101.600 101.600 101.600 0.050 ▼ HB18A 8,100 8,607.06 1 106.260 106.260 106.260 106.260 -0.010 ▼ HP25A 27,900 30,136.50 2 108.250 106.000 106.000 108.250 -0.250 ▼ IG24A 3,000 3,285.00 1 109.500 109.500 109.500 109.500 -5.250 ▼ MB19A 25,000 27,562.50 1 110.250 110.250 110.250 110.250 -0.250 ▲ TI20A 8,000 8,264.00 2 103.300 103.300 103.300 103.300 0.060 ● TI24A 2,200 2,376.22 2 108.010 108.010 108.010 108.010 0.000 Market Summary as at June 21, 2016 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 143 Volume Traded ................................................................. 2,199,625 Value of € denominated securities .................................... 2,379,466.70 Value of US$ denominated securities ................................ 257,233.89 Value of GBP£ denominated securities .............................. 0.00 Current Index ................................................................... 4,479.940 Previous Index ................................................................. 4,468.534 Change in Index (%) ......................................................... 0.255% 6pm Holdings plc .......................... 0.950 0.00% MaltaPost plc ................................ 1.800 0.00% Bank of Valletta plc ....................... 2.235 0.90% Medserv plc .................................. 1.750 0.00% FIMBank plc ................................. 0.910 0.00% Mapfre Middlesea plc .................... 2.200 0.00% GlobalCapital plc .......................... 0.499 0.00% MIDI plc ........................................ 0.380 0.00% GO plc .......................................... 2.890 1.40% Plaza Centres plc ........................... 1.070 0.00% Grand Harbour Marina plc ............. 0.900 0.00% RS2 Software plc............................ 3.451 -1.40% HSBC Bank Malta plc ..................... 1.605 0.31% Simonds Farsons Cisk plc .............. 6.300 0.00% International Hotel Investments plc 0.650 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 ................ 2.000 0.00% Santumas Shareholdings plc ......... 2.350 0.00% Malita Investments plc .................. 0.900 0.00% Malta Properties Company plc ....... 0.506 -0.78% Malta International Airport plc ....... 4.250 -0.23% MSE Index Business Today Money Market Report for the week ending June 17, 2016 The weekly main refinancing op- eration (MRO) conducted by the European Central Bank (ECB) on Tuesday last week, attracted bids from euro area eligible counter- parties of €49.14 billion, €1.71 billion less 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, June 15, the ECB conducted a seven-day US dollar funding operation through collateralised lending in conjunction with the US Federal Reserve. This operation was carried out at a fixed rate of 0.87% and did not attract bids from euro area eligible counterparties. In the domestic primary market for Treasury bills, the Treasury invited tenders for 91-day and 182- day bills, maturing on September 15 and December 15, 2016. Bids of €44.50 million were submitted for the 91-day bills, with the Treasury accepting €12.00 million, while bids of €29.50 million were submitted for the 182-day bills, with the Treasury accepting €3.00 million. Since €18.05 million worth of bills matured during the week, the outstanding balance of Treasury bills decreased by €3.05 million, to stand at €316.95 million. The yield from the 91-day bill auction was -0.267%, down by 2.7 basis points from bids with a similar tenor issued on June 9, 2016, representing a bid price of 100.0675 per 100 nominal. The yield from the 182-day bill auction was -0.251%, down by 1.1 basis points from bids with a similar tenor also issued on June 9, 2016, representing a bid price of 100.1271 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 22 and December 22, 2016, respectively. Soros warns Brexit would lead to 'serious consequences' George Soros warned against Britain leaving the EU, saying that powerful speculative forces could cause the pound to crash by more than 20%. "Too many believe that a vote to leave the EU will have no effect on their personal financial position," Soros wrote in The Guardian. "That is wishful thinking." The legendary investor said his warning was based on "six decades of experience in financial markets," including a massive speculative bet against the pound in 1992 that earned him a reputation as "The man who broke the Bank of England." Soros made a fortune betting against the pound on Black Wednesday in 1992, when Britain left the European Exchange Rate Mechanism (ERM). He said Brexit would cause even bigger disruption, as former retail bosses of the UK's biggest chains warned the price of essentials such as food and clothing would rise in the event of a Brexit. But Vote Leave said the UK would be more prosperous outside the EU. "The EU is costly, bureaucratic and blind to the impact it has had on people's wages and soaring energy bills," said campaign chief executive Matthew Elliott, who accused Soros of wanting to give more power to Brussels. Last week, the pound fell sharply after polls suggested the Leave camp was gaining ground; on Monday the sterling saw its biggest daily gain since 2009 on fresh polls suggesting Remain had renewed momentum. In 1992, Soros used his Quantum Fund investment vehicle to bet successfully that the sterling was overvalued against the Deutsche Mark, forcing then-Prime Minister John Major to pull the pound out of the European Exchange Rate Mechanism. As the UK votes on Thursday in a referendum on whether to leave the EU, some of the world's biggest banks are expected to have senior traders working during what some people think could be the most volatile trading for the sterling since Black Wednesday. George Soros – 'The man who broke the Bank of England'