Issue link: https://maltatoday.uberflip.com/i/751614
maltatoday, WEDNESDAY, 16 NOVEMBER 2016 12 Regular market closed – 15/11/2016 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change ▼ BOV 17,330 39,296.60 11 2.293 2.250 2.293 2.250 -0.050 ● HSB 21,340 39,459.00 5 1.850 1.840 1.850 1.850 0.000 ▼ IHI 33,418 20,509.87 3 0.620 0.612 0.620 0.612 -0.038 ▲ MIA 2,700 10,932.00 3 4.080 4.040 4.040 4.080 0.040 ▼ RS2 10,000 15,500.00 2 1.550 1.550 1.550 1.550 -0.040 ▼ G17C 7,000 7,284.90 1 104.070 104.070 104.070 104.070 -0.040 ▼ G20E 22,000 23,557.60 1 107.080 107.080 107.080 107.080 -0.100 ▲ G21A 43,977 53,756.07 4 122.570 122.140 122.140 122.570 0.450 ▼ G22A 7,455 9,435.80 2 126.570 126.570 126.570 126.570 -0.550 ▲ G28A 36,500 49,862.65 3 136.610 136.610 136.610 136.610 0.520 ▲ G28B 88,800 118,322.40 4 133.550 132.650 132.650 133.550 1.000 ▼ G29A 47,000 66,330.20 2 141.860 141.000 141.000 141.860 -0.340 ▲ G29B 744,500 815,894.90 15 109.760 109.000 109.000 109.660 0.060 ▲ G30A 121,400 175,717.70 7 145.540 143.900 143.900 145.540 1.290 ▲ G31A 81,300 118,143.50 3 146.320 145.250 145.250 146.320 0.740 ▲ G32A 276,000 389,405.30 10 141.420 139.500 139.500 141.370 2.360 ▲ G32B 56,000 77,174.80 6 138.760 137.000 137.000 138.760 2.300 ▲ G33A 165,000 225,318.20 8 137.420 134.940 134.940 137.420 2.480 ▲ G34A 246,000 327,902.30 11 135.170 133.000 133.000 133.270 0.750 ▲ G36A 2,069,400 2,223,443.93 61 108.890 106.000 106.280 108.790 2.510 ▲ G39AA 1,574,100 1,615,585.55 60 103.000 101.250 101.500 103.000 2.000 ▲ G40A 572,300 668,012.01 35 118.080 115.130 115.130 118.080 3.080 ▲ G41AA 1,191,000 1,248,506.09 47 106.000 102.990 102.990 106.000 2.630 ● AX24A 9,300 10,509.00 2 113.000 113.000 113.000 113.000 0.000 ● BV30A 25,000 24,500.00 1 98.000 98.000 98.000 98.000 0.000 ▲ DF26A 18,000 18,360.00 1 102.000 102.000 102.000 102.000 0.250 ▼ GP23A 25,900 26,265.40 3 101.500 101.300 101.500 101.300 -0.200 ▲ HP25A 19,400 19,980.29 2 103.000 102.990 103.000 102.990 0.990 ▼ IB25A 5,000 5,263.00 1 105.260 105.260 105.260 105.260 -1.190 ● IH20A 2,600 2,652.00 1 102.000 102.000 102.000 102.000 0.000 ▲ IH25A 3,400 3,572.20 2 105.100 104.500 104.500 105.100 1.100 ▲ MI17A 3,200 3,182.78 3 99.990 99.280 99.280 99.990 0.710 ● MS23A 4,300 4,620.60 3 107.980 107.000 107.000 107.980 0.000 ▲ PG20A 4,200 4,383.00 2 105.000 104.250 104.250 105.000 0.750 Market Summary as at November 15, 2016 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 325 Volume Traded ................................................................. 7,554,820 Value of € denominated securities .................................... 8,462,639.64 Value of US$ denominated securities ................................ 0.00 Value of GBP£ denominated securities .............................. 0.00 Current Index ................................................................... 4,495.921 Previous Index ................................................................. 4,545.964 Change in Index (%) ......................................................... -1.101% 6pm Holdings plc ......................... 0.800 0.00% MaltaPost plc ................................. 1.880 0.00% Bank of Valletta plc ........................ 2.300 -1.46% Medserv plc .................................. 1.480 0.00% FIMBank plc .................................. 0.890 0.00% Mapfre Middlesea plc .................... 2.250 0.00% GlobalCapital plc .......................... 0.450 0.00% MIDI plc ........................................ 0.340 0.00% GO plc .......................................... 3.250 0.00% Plaza Centres plc ........................... 1.120 0.00% Grand Harbour Marina plc ............. 0.869 0.00% RS2 Software plc ........................... 1.590 2.58% HSBC Bank Malta plc ..................... 1.850 0.00% Simonds Farsons Cisk plc .............. 6.600 0.00% International Hotel Investments plc 0.650 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 ............... 2.101 0.00% Santumas Shareholdings plc ......... 2.350 0.00% Malita Investments plc .................. 0.865 0.00% Malta Properties Company plc ....... 0.600 0.00% Malta International Airport plc ....... 4.040 -0.98% MSE Index Business Today Weak exports sees German economy slump in third quarter The growth of Europe's largest economy, Germany, has slowed more than expected in the last quarter as foreign trade waned, the Federal Statistics Office said on Tuesday. The German economy grew by 0.2% between July and September, half the 0.4% rate seen in the previous three months. This was slower than economists had expected and well below the 0.7% rate recorded in the first quarter. "The development of foreign trade had a downward effect on growth," Germany's Federal Statistics Office said. "Exports were slightly down while imports were slightly up compared with the second quarter of 2016. "Positive impulses on the quarter came mainly from domestic demand," the statistics body added. "Both household and state spending managed to increase further." The Economy Ministry said exporters were struggling as the global economic environment was dragged down by uncertainty following the Brexit vote and Donald Trump's victory in the US presidential election. Bundesbank President Jens Weidmann said after Trump's election that "pronounced political uncertainty" was weighing on growth prospects, raising the "question of how much protectionism and isolationism will determine the future political agenda." Both the European Commission and German economists expect the German economy to grow by 1.9% on an annualized basis as Britain's pro-Brexit vote is not seen to have any immediate negative impact on Europe's powerhouse. Some analysts said that the uncertainty caused by Britain's vote to leave the European Union may have counteracted solid domestic activity. "Brexit meets solid domestic economy. This is probably the best description of the German economic performance during the third quarter," ING Bank economist Carsten Brzeski told Reuters. He added that there was a threat to the economy from Donald Trump's US election victory if he followed through with campaign pledges to limit foreign imports. "If Germany's single most important trading partner, the US, really moves towards more protectionism, this would definitely leave its mark on German growth." Last week, the European Commission cut its 2017 growth forecasts for the euro area to 1.5% from the 1.8% predicted in May. Germany's economic growth slowed in the third quarter of the year, dented by weaker exports Google, Facebook move to restrict ads on fake news sites Google and Facebook announced measures aimed at halting the spread of "fake news" on the internet by tar- geting advertising. Google said it is working on a policy change to prevent websites that misrepresent content from using its AdSense advertising network, while Facebook updated its advertising policies to spell out that its ban on deceptive and misleading content applies to fake news. Google's AdSense network is a major source of revenue for many sites, while mobile apps and third-party sites use the Facebook Audience Network to show ads with Facebook. The Facebook and Google shift could curb the financial incentive for fake news sites. The shifts come as Google, Facebook and Twitter Inc face backlash over the role they played in the US presidential election by allowing the spread of false and often malicious information that might have swayed voters toward Republican candidate Donald Trump. The issue has provoked a fierce debate within Facebook especially, with Chief Executive Mark Zuckerberg insisting twice in recent days that the site had no role in influencing the election. Facebook's steps are limited to its ad policies, and do not target fake news sites shared by users on their news feeds. "We do not integrate or display ads in apps or sites containing content that is illegal, misleading or deceptive, which includes fake news," Facebook said in a statement, adding that it will continue to vet publishers to ensure compliance. Google's move similarly does not address the issue of fake news or hoaxes appearing in Google search results. Google's change is aimed at assuring that publishers on the network are legitimate and eliminating financial incentives that appear to have driven the production of much fake news. "Moving forward, we will restrict ad serving on pages that misrepresent, misstate, or conceal information about the publisher, the publisher's content, or the primary purpose of the web property," Google said in a statement. The company did not detail how it would implement or enforce the new policy.