Issue link: https://maltatoday.uberflip.com/i/756492
maltatoday, WEDNESDAY, 30 NOVEMBER 2016 12 Regular market closed – 29/11/2016 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change ▼ BOV 6,779 15,163.67 4 2.245 2.230 2.245 2.230 -0.010 ● HSB 16,299 30,029.40 3 1.844 1.830 1.830 1.844 0.000 ▼ LOM 49 101.92 1 2.080 2.080 2.080 2.080 -0.020 ● MIA 2,000 8,100.00 2 4.050 4.050 4.050 4.050 0.000 ▼ MMS 50 106.00 1 2.120 2.120 2.120 2.120 -0.080 ▲ RS2 6,742 10,473.47 6 1.595 1.537 1.594 1.537 0.001 ▼ STS 2,652 3,315.00 1 1.250 1.250 1.250 1.250 -1.152 ▼ G17C 20,000 20,782.00 2 103.910 103.910 103.910 103.910 -0.010 ▲ G21A 19,801 24,210.68 1 122.270 122.270 122.270 122.270 0.010 ▲ G22B 180,000 218,430.00 4 121.350 121.350 121.350 121.350 0.010 ▲ G28A 100,000 136,470.00 2 136.470 136.470 136.470 136.470 0.280 ▲ G28B 63,100 84,188.02 4 133.420 133.420 133.420 133.420 0.380 ▲ G29A 40,000 56,600.00 2 141.500 141.500 141.500 141.500 0.240 ▲ G30A 75,700 109,477.34 4 144.620 144.620 144.620 144.620 0.250 ▲ G31A 146,900 214,429.93 3 145.970 145.970 145.970 145.970 0.310 ▲ G32A 30,000 42,081.00 3 140.270 140.270 140.270 140.270 0.270 ▲ G32B 30,000 41,253.00 3 137.510 137.510 137.510 137.510 0.300 ▲ G33A 80,000 109,112.00 4 136.390 136.390 136.390 136.390 0.310 ▲ G34A 89,200 119,653.28 4 134.190 134.000 134.000 134.150 0.250 ▲ G36A 305,000 327,756.35 12 107.540 107.290 107.290 107.440 0.250 ● G39AA 276,300 281,209.70 17 102.000 101.500 101.900 101.900 0.000 ▲ G40A 133,600 155,469.76 13 116.410 116.210 116.210 116.410 0.250 ▲ G41AA 71,000 74,148.40 4 104.490 104.260 104.260 104.490 0.230 ▲ BV18A 1,100 1,141.25 1 103.750 103.750 103.750 103.750 0.850 ● BV19B 10,000 10,200.00 1 102.000 102.000 102.000 102.000 0.000 ● BV20A 8,600 9,030.00 3 105.000 105.000 105.000 105.000 0.000 ● BV30B 20,000 19,600.00 1 98.000 98.000 98.000 98.000 0.000 ● CF26A 111,200 115,648.00 5 104.000 104.000 104.000 104.000 0.000 ▲ DF26A 16,000 16,560.00 2 103.500 103.500 103.500 103.500 0.500 ▲ GF21A 7,000 7,350.70 1 105.010 105.010 105.010 105.010 0.250 ▼ GP23A 183,500 185,257.75 16 101.350 100.500 101.000 100.500 -0.500 ▲ HB18A 5,000 5,305.50 1 106.110 106.110 106.110 106.110 0.010 ● HM24A 29,000 30,450.00 5 105.000 105.000 105.000 105.000 0.000 ▲ IH25A 9,100 9,646.00 1 106.000 106.000 106.000 106.000 0.900 ▲ IH26A 34,000 34,734.21 7 102.240 102.050 102.050 102.240 0.190 ▲ MB19A 10,000 11,300.00 1 113.000 113.000 113.000 113.000 0.000 ● MB24A 50,000 51,520.00 2 103.040 103.040 103.040 103.040 -0.060 ▲ MI20A 22,000 23,210.00 1 105.500 105.500 105.500 105.500 2.000 ● MS23A 1,200 1,295.76 1 107.980 107.980 107.980 107.980 0.000 ▲ PT24A 16,400 17,201.50 6 104.990 104.740 104.740 104.990 0.990 Market Summary as at November 29, 2016 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 155 Volume Traded ................................................................. 2,229,272 Value of € denominated securities .................................... 2,632,011.59 Value of US$ denominated securities ................................ 0.00 Value of GBP£ denominated securities .............................. 0.00 Current Index ................................................................... 4,459.126 Previous Index ................................................................. 4,472.126 Change in Index (%) ......................................................... -0.291% 6pm Holdings plc .......................... 0.800 0.00% MaltaPost plc ................................ 1.880 0.00% Bank of Valletta plc ....................... 2.240 1.77% Medserv plc .................................. 1.678 0.00% FIMBank plc .................................. 0.835 0.00% Mapfre Middlesea plc .................... 2.200 0.00% GlobalCapital plc .......................... 0.440 0.00% MIDI plc ........................................ 0.330 -2.94% GO plc ........................................... 3.240 0.00% Plaza Centres plc ........................... 1.120 0.00% Grand Harbour Marina plc ............. 0.869 0.00% RS2 Software plc ........................... 1.536 0.00% HSBC Bank Malta plc ..................... 1.844 2.44% Simonds Farsons Cisk plc .............. 6.450 0.00% International Hotel Investments plc 0.620 0.00% Tigné Mall plc ............................... 1.100 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 ........ 1.201 0.00% Malita Investments plc .................. 0.869 0.00% Malta Properties Company plc ........ 0.600 0.00% Malta International Airport plc ....... 4.050 -0.74% MSE Index Business Today Bailout review main risk for Greek economy If Greece does not reach an agree- ment with the EU over concluding the latest bailout review, the country risks defaulting. While noting that Greece can meet its fiscal targets next year, the head of the country's central bank yesterday warned that the biggest risk the economy faced would be a failure to conclude the latest bailout review. Athens and its official creditors are at odds over the country's fiscal targets as well as labour and energy reforms that are part of Greece's second bailout review. Meanwhile, a rift between the European Union and the International Monetary Fund over Greece's medium-term primary surplus targets has also clouded Greek hopes for a swift conclusion of the review. "Despite the positive projections... serious risks remain," Yannis Stournaras told a conference in Athens. "The main risk would be the eventuality of failing to reach agreement on the second bailout review and any delays in implementing the programme or backtracking." Greece's budget aims for a 2017 primary surplus – which excludes debt servicing costs – of 2% of economic output, slightly higher than the 1.75% bailout target. In 2018, the bailout terms demand the surplus increase to 3.5% of output. Athens says it cannot maintain a surplus at such levels beyond 2018. Athens hopes to reach an initial deal with its lenders on reforms this week and conclude the review by the end of the year. A Eurogroup meeting of euro zone finance ministers on December 5 will discuss Greece's progress and debt relief measures. A second Eurogroup meeting may take place later next month, Greek and EU officials have said. Greece's medium-term fiscal targets and how long it can sustain them will also be on the agenda. Greece's economy expanded for the second quarter in a row in July- September, statistics service data showed on Tuesday, boding well for a stronger recovery next year after a protracted recession. 4-star and 2-star hotels keep momentum up In September, total guests in col- lective accommodation establish- ments numbered 157,416, while total nights spent amounted to 889,457, the National Statistics Of- fice said. Collective accommodation categories registered decreases in total nights spent, with the exception of 4-star and 2-star hotels. The largest share of guest nights was reported in 4-star hotels, accounting for 424,914 nights, or 47.8 per cent of the total. The average length of stay in collective accommodation establishments went down to 5.7 nights in September 2016 from 5.8 nights in the same month of 2015. The net use of bed-places stood at 72.4 per cent, down by 0.4 percentage points when compared to the corresponding month last year. On a national level, there were 180 active collective accommodation establishments during September, with a net capacity of 18,318 bedrooms and 40,982 bed-places. Regional breakdown Total guests in Malta numbered 147,916, up by 0.2 per cent over September 2015. Additionally, a decrease of 2.5 per cent was recorded in the number of nights spent. The average length of stay edged down by 0.1 of a night to 5.8, when compared to last year, while the net occupancy rate stood at 72.9 per cent, at par with last year. Total guests in Gozo and Comino increased by 4.2 per cent to 9,500, while total nights spent went down by 7.2 per cent to 38,576 when compared to the comparative month last year. January-September Total guests during the first nine months of 2016 amounted to 1,231,468, a slight increase over the same period in 2015. Total nights spent went down by 0.9 per cent, reaching nearly 7.0 million. The net use of bed-places declined by 1.0 percentage points to 66.0 per cent. Total guests in collective accommodation establishments during September 2016 advanced by 0.4 per cent