Issue link: https://maltatoday.uberflip.com/i/777084
maltatoday, WEDNESDAY, 25 JANUARY 2017 12 Regular market closed –24/1/2017 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change t BOV 54,101 117,959.32 23 2.190 2.170 2.180 2.170 -0.015 l GO 10,650 35,482.50 5 3.350 3.300 3.300 3.350 0.000 l HSB 9,173 18,162.54 2 1.980 1.980 1.980 1.980 0.000 l MDI 32,013 10,579.29 4 0.331 0.330 0.331 0.330 0.000 s MIA 10,870 44,349.60 6 4.080 4.080 4.080 4.080 0.030 l MLT 3,100 2,659.80 2 0.858 0.858 0.858 0.858 0.000 t MPC 26,955 15,035.56 4 0.560 0.540 0.560 0.540 -0.010 s PZC 2,300 2,645.00 1 1.150 1.150 1.150 1.150 0.090 l RS2 35,950 64,545.00 5 1.800 1.790 1.800 1.800 0.000 l TML 8,000 8,993.00 3 1.131 1.120 1.131 1.120 0.000 t G17C 20,000 20,674.00 1 103.370 103.370 103.370 103.370 -0.070 t G18A 6,989 7,791.34 1 111.480 111.480 111.480 111.480 -0.020 t G20A 13,979 16,411.35 6 117.400 117.400 117.400 117.400 -0.140 t G20B 10,000 11,482.00 2 114.820 114.820 114.820 114.820 -0.010 s G21A 73,047 89,315.56 8 122.290 122.160 122.160 122.290 0.130 t G22A 27,372 34,579.04 5 126.330 126.330 126.330 126.330 -0.170 t G22B 25,000 30,317.50 2 121.270 121.270 121.270 121.270 -0.730 s G23A 8,619 11,327.09 1 131.420 131.420 131.420 131.420 0.220 s G24A 4,000 4,730.80 1 118.270 118.270 118.270 118.270 0.290 s G28A 65,000 88,130.00 3 135.590 135.490 135.590 135.590 0.610 s G28B 47,000 62,256.20 7 132.460 132.460 132.460 132.460 0.510 s G29B 924,700 1,003,148.03 9 108.490 108.000 108.000 108.440 0.450 s G30A 102,000 146,269.00 5 143.500 143.000 143.000 143.320 0.550 t G31A 247,000 356,669.00 4 144.430 144.000 144.000 144.430 -0.270 s G32A 19,000 26,351.10 4 138.690 138.690 138.690 138.690 0.790 t G32B 45,000 61,159.50 5 135.910 135.910 135.910 135.910 -0.210 s G33A 30,000 40,428.00 3 134.760 134.760 134.760 134.760 0.830 s G34A 85,000 112,378.50 3 132.210 132.210 132.210 132.210 0.940 s G36A 302,800 318,361.24 17 105.230 104.990 104.990 105.130 0.870 t G39AA 164,100 162,532.50 14 99.500 99.000 99.500 99.000 -0.500 s G40A 101,000 114,521.40 14 113.390 113.340 113.390 113.340 1.040 l AX24A 3,000 3,406.50 1 113.550 113.550 113.550 113.550 0.000 t BV18A 100,000 103,500.00 2 103.500 103.500 103.500 103.500 -1.000 l BV30A 57,000 56,144.99 3 98.500 98.490 98.500 98.500 0.000 s BV30B 26,000 25,606.00 2 98.500 98.480 98.480 98.500 0.500 l DF26A 25,000 26,250.00 1 105.000 105.000 105.000 105.000 0.000 s GF21A 1,200 1,260.00 1 105.000 105.000 105.000 105.000 0.250 t GP23A 27,000 27,330.00 3 101.250 101.100 101.250 101.250 -0.250 s HM24A 313,500 329,119.50 5 105.000 104.000 104.500 105.000 0.150 t HP25A 31,300 32,865.00 7 105.000 105.000 105.000 105.000 -0.250 t IB25A 200,000 210,000.00 3 105.000 105.000 105.000 105.000 -0.900 l IH23A 7,000 7,525.00 1 107.500 107.500 107.500 107.500 0.000 s IH26A 10,000 10,214.20 4 102.250 102.050 102.050 102.250 0.230 t MD26A 71,600 74,463.85 8 104.000 103.990 104.000 104.000 -1.000 t MF24A 2,000 2,120.00 1 106.000 106.000 106.000 106.000 -0.010 l MS26A 7,900 8,314.75 1 105.250 105.250 105.250 105.250 0.000 t PC26A 31,200 32,084.10 3 102.900 102.750 102.750 102.900 -0.100 s PG20A 9,500 9,867.25 3 103.900 103.850 103.850 103.900 0.050 s PT24A 58,500 61,421.80 6 105.400 104.250 104.250 105.400 0.400 t UF23A 53,100 55,524.00 4 105.000 104.000 105.000 104.000 -4.610 Market Summary as at January 24, 2017 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 229 Volume Traded ................................................................. 3,549,518 Value of € denominated securities .................................... 4,116,261.70 Value of US$ denominated securities ................................ 0.00 Value of GBP£ denominated securities .............................. 0.00 Current Index ................................................................... - Previous Index ................................................................. - Change in Index (%) ......................................................... - 6pm Holdings plc .......................... 0.800 0.00% MaltaPost plc ................................. 2.050 0.00% Bank of Valletta plc ........................ 2.170 -0.69% Medserv plc .................................. 1.600 0.00% FIMBank plc .................................. 0.900 0.00% Mapfre Middlesea plc .................... 2.230 0.00% GlobalCapital plc ........................... 0.410 0.00% MIDI plc ........................................ 0.330 0.00% GO plc ........................................... 3.350 0.00% Plaza Centres plc ........................... 1.150 8.49% Grand Harbour Marina plc ............. 0.899 0.00% RS2 Software plc............................ 1.800 0.00% HSBC Bank Malta plc ..................... 1.980 0.00% Simonds Farsons Cisk plc ............... 7.295 0.00% International Hotel Investments plc 0.620 0.00% Tigné Mall plc ................................ 1.120 0.00% Island Hotels Group Holdings plc ... 1.101 0.00% Pefaco International plc ................. 2.240 0.00% Lombard Bank Malta plc ................ 2.275 0.00% Santumas Shareholdings plc ......... 1.400 0.00% Malita Investments plc ................... 0.860 0.00% Malta Properties Company plc ........ 0.540 -1.82% Malta International Airport plc ....... 4.080 0.74% MSE Index Business Today Peter Calleya re-elected to EBTN board IFS-Malta member re-elected to European Banking and Financial Services Training Association IFS-Malta Committee member, Mr Peter Calleya, has been re-elected to the Board of Directors and Executive Committee of the Brussels-based Eu- ropean Banking and Financial Servic- es Training Association (EBTN) for the period 2017-2019. This was con- firmed at the EBTN Annual General Meeting which took place in Athens, Greece. First elected in 2010, this is the third consecutive 3-year term Mr Calleya will be serving on the Board and Executive Committee of EBTN. Over the years, Mr Calleya has been responsible for EBTN's finances and has also coordinated the development of the Association's strategic plan. During the same AGM, Mr Colin Morrison, from the UK Chartered Banker Institute, was elected EBTN President. Mr Calleya has been a financial services professional for over 30 years. He is a Chartered Banker, Chartered Marketer and Fellow of the IFS School of Finance (UK). He has been an elected member of IFS-Malta since 2003, currently serving as Vice President, where he has been highly involved in the Institute's international, educational and academic activities. He is also an examiner and Senior Visiting Lecturer at the University of Malta. Mr Calleya was instrumental in achieving EBTN membership for IFS-Malta some 10 years ago. Since then, the Institute has been an active member and has participated in various activities and EU projects. EBTN is an international not- for-profit association located in Brussels. Its stated mission is to create professional education standards within the European financial services sector and enhance international relations and alliances. EBTN has a vision to become the standard- setting body for the accreditation, certification and qualification of knowledge, skills and competences in the European financial services sector. EBTN presently consists of 26 full members hailing from all over Europe together with a number of affiliate and associate members. All member organisations are involved in banking and financial services education and training. Newly elected Executive Committee of EBTN (from left): Alexandra Maniati (Hellenic Banking Institute, Greece); Colin Morrison-EBTN President (Char- tered Banker Institute, UK); Mariola Szyma ska-Koszczyc (Warsaw Institute of Banking, Poland); and Peter Calleya (IFS-Malta). Money Market Report for the week ending January 20, 2017 ECB Decisions On January 19, 2017, the Governing Council of the European Central Bank (ECB) decided that the interest rate on the main refinancing operations (MRO) and the interest rates on the marginal lending facility and the deposit facility (DFR) will remain unchanged at 0.00%, 0.25% and -0.40%, respectively. The Governing Council continues to expect the key ECB interest rates to remain at present or lower levels for an extended period of time, and well past the horizon of the net asset purchases. Regarding non-standard monetary policy measures, the Governing Council confirmed that it will continue to make purchases under the asset purchase programme (APP) at the current monthly pace of €80 billion until the end of March 2017. From April 2017, the net asset purchases are intended to continue at a monthly pace of €60 billion until the end of December 2017, or beyond, if necessary, and in any case until the Governing Council sees a sustained adjustment in the path of inflation consistent with its inflation aim. The net purchases will be made alongside reinvestments of the principal payments from maturing securities purchased under the APP. If the outlook becomes less favourable, or if financial conditions become inconsistent with further progress towards a sustained adjustment in the path of inflation, the Governing Council stands ready to increase the programme in terms of size and/or duration. Furthermore, the Governing Council decided that no purchases below the DFR will be conducted under the third covered bond purchase programme (CBPP3), the asset-backed securities purchase programme (ABSPP), or the corporate sector purchase programme (CSPP). With regard to the public sector purchase programme (PSPP), for each jurisdiction, priority will be given to purchases of assets with yields above the DFR. The amount of purchases that have to be made at yields below the DFR will vary among jurisdictions. This amount may also change over time, reflecting changes in market interest rates relative to the DFR. ECB Monetary Operations On January 16, 2017, the ECB announced its weekly MRO. The operation was conducted on January 17, 2017, and attracted bids from euro area eligible counterparties of €32.33 billion, €0.01 billion higher 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 January 18, 2017, the ECB conducted a seven-day US dollar funding operation through collateralised lending in conjunction with the US Federal Reserve. This operation attracted bids of $0.27 billion, which was allotted in full at a fixed rate of 1.16%. Domestic Treasury Bill Market In the domestic primary market for Treasury bills, the Treasury invited tenders for 91-day and 182-day bills for settlement value January 19, 2017, maturing on April 20 and July 20, 2017, respectively. Bids of €55.20 million were submitted for the 91-day bills, with the Treasury accepting €13.20 million, while bids of €50.00 million were submitted for the 182-day bills, with the Treasury accepting €2.00 million. Since €24.00 million worth of bills matured during the week, the outstanding balance of Treasury bills decreased by €8.80 million, to stand at €268.20 million. The yield from the 91-day bill auction was -0.396%, unchanged from bids with a similar tenor issued on January 12, 2017, representing a bid price of €100.1002 per €100 nominal. The yield from the 182- day bill auction was -0.391%, down by 0.1 basis point from bids with a similar tenor also issued on January 12, 2017, representing a bid price of €100.1981 per €100 nominal. During the week under review, there was no trading on the Malta Stock Exchange. On Tuesday the Treasury invited tenders for 28-day and 182-day bills maturing on February 23, 2017 and July 27, 2017, respectively.