Issue link: https://maltatoday.uberflip.com/i/737583
maltatoday, WEDNESDAY, 12 OCTOBER 2016 12 Regular market closed – 11/10/2016 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change ▼ BOV 5,112 11,701.96 4 2.290 2.265 2.290 2.265 -0.025 ▼ FIM 15,000 13,200.00 2 0.880 0.880 0.880 0.880 -0.020 ▼ GHM 3,000 2,607.00 1 0.869 0.869 0.869 0.869 -0.001 ▲ HSB 22,500 36,905.00 4 1.650 1.640 1.640 1.650 0.010 ● MPC 9,116 5,378.44 2 0.590 0.590 0.590 0.590 0.000 ▼ PZC 51,500 58,458.15 4 1.140 1.130 1.140 1.130 -0.010 ▼ G16B 776 779.88 1 100.500 100.500 100.500 100.500 -0.090 ▼ G17C 75,000 78,382.50 2 104.510 104.510 104.510 104.510 -0.010 ▼ G18A 466 529.61 1 113.650 113.650 113.650 113.650 -0.030 ▼ G19A 5,824 6,919.49 1 118.810 118.810 118.810 118.810 -0.110 ▼ G19C 20,000 21,710.00 1 108.550 108.550 108.550 108.550 -0.290 ▼ G20B 50,000 57,892.80 4 115.840 115.500 115.500 115.840 -0.210 ▼ G20E 4,800 5,153.76 1 107.370 107.370 107.370 107.370 -0.170 ▼ G21A 247,431 304,167.60 8 122.980 122.850 122.850 122.980 -0.080 ▼ G22A 22,801 29,096.35 3 127.610 127.610 127.610 127.610 -0.070 ▼ G22B 139,000 169,785.00 7 122.170 122.120 122.150 122.120 -0.120 ▼ G24A 20,000 24,340.00 1 121.700 121.700 121.700 121.700 -0.010 ▼ G28A 4,000 5,639.20 1 140.980 140.980 140.980 140.980 -0.160 ▼ G28B 119,000 164,090.50 7 137.900 137.850 137.890 137.850 -0.200 ▼ G29A 122,000 179,212.20 5 146.910 146.860 146.900 146.860 -0.240 ▼ G29B 140,300 158,585.27 13 113.280 112.990 112.990 113.280 -0.200 ▼ G30A 108,700 163,524.78 6 150.440 150.390 150.440 150.390 -0.310 ▼ G31A 76,000 115,765.40 10 152.350 152.200 152.200 152.350 -0.220 ▼ G32A 63,000 91,532.70 3 145.290 145.290 145.290 145.290 -0.260 ▼ G32B 161,300 229,785.24 8 142.480 142.430 142.480 142.430 -0.310 ▼ G33A 147,000 205,963.00 7 140.290 139.990 139.990 140.240 -0.300 ▼ G34A 224,800 307,287.90 8 136.850 136.300 136.300 136.700 -0.290 ▼ G36A 1,229,600 1,329,394.63 66 108.380 107.970 107.970 108.100 -0.430 ▼ G40A 508,400 599,603.72 43 118.080 117.400 117.500 117.940 -0.100 ▲ G41AA 2,806,500 2,993,834.55 95 107.000 106.400 106.400 106.600 0.090 ▲ BV19B 7,000 7,175.00 1 102.500 102.500 102.500 102.500 0.100 ▼ BV30A 25,000 24,622.50 1 98.490 98.490 98.490 98.490 -0.010 ● GF21A 4,300 4,472.43 2 104.010 104.010 104.010 104.010 0.000 ▲ HB18A 22,000 23,366.20 3 106.210 106.210 106.210 106.210 0.160 ● HP25A 7,000 7,342.50 3 105.000 104.500 104.750 105.000 0.000 ▼ IG24A 3,500 3,787.00 1 108.200 108.200 108.200 108.200 -1.800 ▼ IH23A 4,000 4,300.00 1 107.500 107.500 107.500 107.500 -0.010 ● IH26A 20,000 20,520.00 3 102.600 102.600 102.600 102.600 0.000 ▼ MD26A 61,300 63,671.60 10 103.900 103.500 103.700 103.500 -0.500 ● MI21A 7,000 7,100.00 2 102.000 100.000 102.000 100.000 0.000 ▲ PT24A 27,900 28,626.50 10 103.000 102.000 102.000 103.000 0.500 Market Summary as at October 11, 2016 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 356 Volume Traded ................................................................. 6,591,926 Value of € denominated securities .................................... 7,553,010.36 Value of US$ denominated securities ................................ 13,200.00 Value of GBP£ denominated securities .............................. 0.00 Current Index ................................................................... 4,424.728 Previous Index ................................................................. 4,437.983 Change in Index (%) ......................................................... -0.299% 6pm Holdings plc .......................... 0.800 0.00% MaltaPost plc ................................ 1.850 0.00% Bank of Valletta plc ....................... 2.265 -1.09% Medserv plc .................................. 1.530 0.00% FIMBank plc ................................. 0.880 -2.22% Mapfre Middlesea plc .................... 2.100 0.00% GlobalCapital plc .......................... 0.490 0.00% MIDI plc ........................................ 0.325 0.00% GO plc ........................................... 3.250 0.00% Plaza Centres plc ........................... 1.130 -0.88% Grand Harbour Marina plc ............. 0.869 -1.14% RS2 Software plc............................ 1.570 0.00% HSBC Bank Malta plc ..................... 1.650 0.61% Simonds Farsons Cisk plc .............. 7.000 0.00% International Hotel Investments plc 0.615 0.00% Tigné Mall plc ............................... 1.080 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 ......... 2.350 0.00% Malita Investments plc .................. 0.880 0.00% Malta Properties Company plc ....... 0.590 0.00% Malta International Airport plc ....... 4.100 0.00% MSE Index Business Today Samsung tells Galaxy Note 7 owners to switch off phone Oil record output underlines struggle to raise prices Oil fell back from one-year highs yesterday, knocked by concerns that a production cut by the world's larg- est exporters might not be enough to erode a two-year old global surplus of unwanted crude oil. Oil prices jumped as much as 3% on Monday, after Russia and Saudi Arabia both said a deal between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC members like Russia in curbing crude output was possible. The data came 24 hours after Russian President Vladimir Putin told a conference in Istanbul that his country was prepared to freeze or cut production to help stabilize oil markets. His comments sent Brent to a 2016 high of $53.73 during Monday's trading. December Brent crude oil futures LCOc1 were down 42 cents at $52.72 a barrel by 1100 GMT, below Monday's one-year high at $53.73, but off an intraday low at $52.51, while U.S. futures CLc1 were down 43 cents at $50.92 a barrel. Global oil supply could fall into line more quickly with demand if OPEC and Russia agree to a steep enough cut in production, but it is unclear how rapidly this might happen, the International Energy Agency said on Tuesday. [IEA/M] "The word I look at is 'if'," Saxo Bank senior manager Ole Hansen said. "OPEC's compliance (track record) with its own limits is not good. "What it all adds up to is an increased belief that a firm bottom has been established, but as the market moves higher the risk of self-defeat rises as it opens the door right open for the return of production growth among high-cost producers," he said. Igor Sechin, Russia's most influential oil executive and the head of the Kremlin's industry champion Rosneft said his company will not cut or freeze oil production as part of a possible agreement with OPEC. "Underlying scepticism that global oil producers will succeed in taking coordinated action to support prices is therefore alive and well," PVM Oil Associates analyst Stephen Brennock said in a note. "Meanwhile, of those that do see a chance of a genuine output deal, they still need convincing that the proposed cuts will go far enough to address the supply imbalance." Goldman Sachs said in a note to clients on Tuesday that despite a production cut becoming a "greater possibility", markets were unlikely to rebalance in 2017. "Higher production from Libya, Nigeria and Iraq are reducing the odds of such a deal rebalancing the oil market in 2017," the U.S. bank said, and added that even if OPEC producers and Russia implemented strict cuts, higher prices would allow U.S. shale drillers to raise output. Samsung yesterday permanently ceased production and sales of its Galaxy Note 7 smartphone, pulling the plug on a premium product whose botched recall has brought headaches to consumers and inflicted damage on the South Korean brand. Samsung recalled 2.5 million phones in September after complaints of exploding batteries, and later insisted that all replaced devices were safe. But there are now reports that even those phones are catching fire. A man in Kentucky said he woke up to a bedroom full of smoke from a replaced Note 7, days after a domestic flight in the US was evacuated after a new device started emitting smoke in the cabin. "Because consumers' safety remains our top priority, Samsung will ask all carrier and retail partners globally to stop sales and exchanges of the Galaxy Note 7 while the investigation is taking place," the company said. "Consumers with either an original Galaxy Note 7 or replacement Galaxy Note 7 device should power down and stop using the device and take advantage of the remedies available," it added. As late as Monday evening a spokeswoman insisted the phones were safe to use. But on Tuesday the company said it would stop Galaxy Note 7 production. "We recently re-adjusted the production volume for thorough investigation and quality control, but putting consumer safety as top priority, we have reached a final decision to halt production of Galaxy Note 7s," it said. The announcement follows several new incidents of overheating last week and deals a further blow to the world's largest smartphone company. Leading wireless carriers have already said they would stop distributing new Note 7 phones as replacements for the earlier recall. The new reports also raise questions about the cause of the problem. Samsung has blamed batteries provided by a particular supplier while assuring consumers that the phone was otherwise safe. It said it solved the problem by switching to batteries from another supplier. Analysts say the new problems pose a crisis for the South Korean tech giant, which is locked in fierce competition with Apple and other leading smartphone makers. Samsung shares tumbled 8%, its biggest one-day decline in eight years, far outpacing the broader South Korean market's 1.2% pullback, after Samsung told Galaxy Note 7 users worldwide to immediately switch off their devices Tuesday. Samsung suspended production and global sales of both the faulty smartphones and their replacements after devices caught fi re