Issue link: https://maltatoday.uberflip.com/i/767466
maltatoday, WEDNESDAY, 28 DECEMBER 2016 12 Regular market closed –27/12/2016 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change s BOV 37,218 84,056.80 16 2.266 2.250 2.266 2.266 0.016 s GO 16,700 54,859.50 1 3.285 3.285 3.285 3.285 0.005 l HSB 24,100 46,031.00 4 1.910 1.910 1.910 1.910 0.000 t IHI 5,000 3,245.00 1 0.649 0.649 0.649 0.649 -0.001 l LOM 2,800 6,412.00 1 2.290 2.290 2.290 2.290 0.000 s MDS 6,250 10,000.00 2 1.600 1.600 1.600 1.600 0.001 l MIA 3,000 12,150.00 1 4.050 4.050 4.050 4.050 0.000 l MLT 4,000 3,436.00 1 0.859 0.859 0.859 0.859 0.000 t MTP 1,100 2,233.00 1 2.030 2.030 2.030 2.030 -0.020 s RS2 11,100 19,806.30 2 1.793 1.745 1.745 1.793 0.073 t G21A 6,523 8,008.29 1 122.770 122.770 122.770 122.770 -0.100 s G22A 9,102 11,571.21 2 127.140 127.120 127.120 127.140 0.020 t G28A 103,000 141,879.50 2 137.750 137.650 137.650 137.750 -0.380 s G28B 6,400 8,640.00 1 135.000 135.000 135.000 135.000 0.020 t G30A 100,000 146,160.00 1 146.160 146.160 146.160 146.160 -0.460 t G31A 5,000 7,378.00 1 147.560 147.560 147.560 147.560 -0.920 t G32A 7,000 9,932.30 1 141.890 141.890 141.890 141.890 -0.350 s G32B 27,000 37,665.00 1 139.500 139.500 139.500 139.500 0.100 s G39AA 67,800 69,237.36 2 102.120 102.120 102.120 102.120 0.090 t G40A 27,300 32,162.10 3 118.000 117.700 118.000 117.700 -0.430 s G41AA 87,100 92,326.00 6 106.000 106.000 106.000 106.000 0.040 s BV30A 435,500 431,054.37 13 99.000 98.900 98.900 99.000 0.500 l DF26A 3,000 3,150.00 1 105.000 105.000 105.000 105.000 0.000 l GP23A 96,200 98,485.50 7 102.500 102.000 102.390 102.000 0.000 s HM24A 64,000 66,241.40 5 103.510 103.500 103.500 103.510 1.010 l HP25A 16,800 17,640.00 3 105.000 105.000 105.000 105.000 0.000 s IH26A 25,000 25,499.10 5 102.000 101.990 101.990 102.000 1.000 s MD26A 10,000 10,498.07 5 105.000 104.950 104.950 105.000 1.000 l MI21A 14,000 14,420.00 1 103.000 103.000 103.000 103.000 0.000 s MS26A 50,000 52,600.00 1 105.200 105.200 105.200 105.200 0.190 s PC26A 39,800 40,589.80 6 102.000 101.850 101.850 102.000 0.150 s PG20A 7,500 7,875.00 1 105.000 105.000 105.000 105.000 1.500 Market Summary as at December 27, 2016 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 99 Volume Traded ................................................................. 1,319,293 Value of € denominated securities .................................... 1,575,242.60 Value of US$ denominated securities ................................ 0.00 Value of GBP£ denominated securities .............................. 0.00 Current Index ................................................................... 4,620.015 Previous Index ................................................................. 4,601.238 Change in Index (%) ......................................................... 0.408% 6pm Holdings plc .......................... 0.800 0.00% MaltaPost plc ................................. 2.030 -0.98% Bank of Valletta plc ........................ 2.266 0.71% Medserv plc .................................. 1.600 0.06% FIMBank plc .................................. 0.860 0.00% Mapfre Middlesea plc .................... 2.220 0.00% GlobalCapital plc ........................... 0.410 0.00% MIDI plc ........................................ 0.335 0.00% GO plc ........................................... 3.285 0.15% Plaza Centres plc ........................... 1.090 0.00% Grand Harbour Marina plc ............. 0.869 0.00% RS2 Software plc............................ 1.793 4.24% HSBC Bank Malta plc ..................... 1.910 0.00% Simonds Farsons Cisk plc ............... 7.000 0.00% International Hotel Investments plc 0.649 -0.15% Tigné Mall plc ................................ 1.190 0.00% Island Hotels Group Holdings plc ... 1.101 0.00% Pefaco International plc ................. 2.240 0.00% Lombard Bank Malta plc ................ 2.290 0.00% Santumas Shareholdings plc ......... 1.260 0.00% Malita Investments plc ................... 0.860 0.00% Malta Properties Company plc ........ 0.580 0.00% Malta International Airport plc ....... 4.050 0.00% MSE Index Business Today Brent oil edges further above $55 ahead of supply cut deal Oil edged further above $55 a barrel yesterday, drawing support from expectations of tighter sup- ply once the first output cut deal between OPEC and non-OPEC producers in 15 years takes effect on Sunday. 1 January brings the official start of the deal agreed by the Organization of Petroleum Exporting Countries and several non-OPEC producers to lower production by almost 1.8 million barrels per day (bpd). Brent crude LCOc1 was up 5 cents at $55.21 a barrel by 0941 GMT (4:41 a.m. ET). The global benchmark reached $57.89 on Dec. 12, the highest since July 2015. U.S. crude CLc1 gained 20 cents to $53.22. "OPEC's output cuts are nearing, but because there's hardly any news on producers, the market is stuck in the doldrums," said Tomomichi Akuta, senior economist at Mitsubishi UFJ Research and Consulting in Tokyo. Trading was shut on Monday for the Christmas holiday and volume was expected to be light on Tuesday. Major OPEC members such as Saudi Arabia and Iraq have informed customers of lower supplies. But Libya and Nigeria - which are exempt from reductions because conflict has curbed their output - have been increasing production. Libyan output was 622,000 bpd on Monday, up slightly from levels recorded before an armed faction agreed to lift a two-year blockade on major western pipelines on 14 December the National Oil Corporation (NOC) said. While the outright price of crude is being supported by the prospect of lower supplies, the impact in the physical market will probably differ according to the type of crude. Price differentials for lighter crudes could weaken once the supply cut comes into force as producers are expected to trim back output of their heavier grades, analysts at JBC Energy said in a report. "Going into 2017, we expect that the premiums for light, sweet grades may be increasingly pressured as a result of the joint OPEC and non-OPEC output cut agreement which is supposed to reduce primarily the availability of medium-sour crudes," JBC said. Iran says it will only pay $8 billion for Boeing planes Iran's deputy transport minister has said that his county will only pay half of the announced price for 80 new Boeing planes, given the re- ductions in its purchasing options. Asghar Fakhrieh Kashan said that despite an initial $16.8 billion deal with Boeing to purchase 80 passenger planes, the contract "is worth about 50 percent of the amount." The deal covers 50 single- aisle 737 Max 8s, a soon-to-be- introduced version of Boeing's existing narrow-body 737 line. It also includes 30 777s, a wide- body, twin-engine plane typically used on long-haul routes that is popular with other Persian Gulf carriers such as Dubai-based Emirates. Half of the order will cover the 777-300ER version, while the rest will be of the 777-9 model still under development. Iran's state-run IRNA news agency said the planes would be delivered over the next decade. The first will start to arrive in 2018, Boeing said. "Given the type of orders and the specifications we have chosen, the value of the deal to buy 80 planes from Boeing is about 50% of that value," Asghar Fakhreeyeh Kashan said, according to official news agency IRNA. Boeing spokesman Doug Adler said the company would not "comment on or share details of agreements with any customer." Boeing's deal is part of Iran's effort to modernise its fleet of airliners and is by far the biggest between US and Iranian businesses since the 1979 revolution. Iran's fleet is among the oldest and most dangerous in the world. Years of sanctions left its carriers with outdated and unsafe aircraft. Those sanctions were lifted after Iran agreed to curtail its nuclear program as part of an agreement with major global powers, including the US. Iran announced earlier this month that it had finalised the deal, which was made possible by last year's landmark nuclear agreement. President-elect Donald Trump and several Republican lawmakers have criticized the nuclear deal, but it's unclear whether they would scrap the agreement, which was reached with Britain, France, Germany, Russia and China.