Issue link: https://maltatoday.uberflip.com/i/780138
maltatoday, WEDNESDAY, 1 FEBRUARY 2017 12 Regular market closed –31/1/2017 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change t BOV 88,263 191,018.33 28 2.170 2.160 2.170 2.160 -0.010 l FIM 3,180 2,830.20 1 0.890 0.890 0.890 0.890 0.000 l GO 1,000 3,400.00 1 3.400 3.400 3.400 3.400 0.000 t HSB 4,000 8,000.00 3 2.000 2.000 2.000 2.000 -0.020 l IHI 8,238 5,437.08 3 0.660 0.660 0.660 0.660 0.000 l MDI 25,600 8,448.00 2 0.330 0.330 0.330 0.330 0.000 s MDS 125 206.13 1 1.649 1.649 1.649 1.649 0.049 s MIA 6,212 25,158.84 7 4.070 4.050 4.050 4.070 0.020 t MLT 3,000 2,547.00 1 0.849 0.849 0.849 0.849 -0.001 t MMS 2,416 5,363.52 1 2.220 2.220 2.220 2.220 -0.004 s MPC 3,900 2,102.40 2 0.540 0.531 0.540 0.531 0.001 l RS2 3,400 6,086.00 1 1.790 1.790 1.790 1.790 0.000 s SFC 1,300 9,475.40 3 7.300 7.280 7.280 7.300 0.020 l G17C 7,000 7,231.05 3 103.310 103.300 103.310 103.300 0.000 t G21A 2,830 3,437.32 2 121.460 121.460 121.460 121.460 -0.020 s G22A 4,659 5,847.05 1 125.500 125.500 125.500 125.500 0.050 t G22B 36,000 43,273.80 2 120.230 120.180 120.180 120.230 -0.360 t G28A 56,000 74,490.80 2 133.030 132.930 133.030 132.930 -0.210 t G28B 71,000 92,250.30 3 129.930 129.930 129.930 129.930 -0.090 t G29B 60,000 63,706.00 3 106.210 106.170 106.210 106.170 -0.040 s G30A 117,600 165,167.84 6 140.510 140.390 140.390 140.510 0.110 t G31A 16,800 23,730.00 3 141.250 141.250 141.250 141.250 -0.010 t G32A 74,000 100,321.80 5 135.570 135.570 135.570 135.570 -0.010 s G32B 128,400 170,630.76 7 132.890 132.890 132.890 132.890 0.050 t G33A 50,500 66,528.70 5 131.740 131.740 131.740 131.740 -0.010 l G34A 5,000 6,460.00 1 129.200 129.200 129.200 129.200 0.000 s G36A 794,800 817,828.79 21 103.270 102.500 102.500 103.180 0.650 t G39AA 254,200 246,484.70 22 97.500 96.100 97.000 96.100 -0.900 s G40A 365,700 407,621.61 23 111.570 111.200 111.200 111.530 0.330 s G41A 355,700 355,613.35 15 100.070 99.830 99.830 100.020 0.280 l AX24A 3,800 4,322.50 1 113.750 113.750 113.750 113.750 0.000 l BV18A 14,000 14,490.00 1 103.500 103.500 103.500 103.500 0.000 s BV19B 46,600 47,931.50 4 103.000 102.750 103.000 102.750 0.040 s BV20A 14,300 14,750.45 2 103.150 103.150 103.150 103.150 0.120 l BV30A 30,000 29,550.00 1 98.500 98.500 98.500 98.500 0.000 s BV30B 7,000 6,895.00 1 98.500 98.500 98.500 98.500 0.500 l CB25A 3,000 3,179.70 1 105.990 105.990 105.990 105.990 0.000 s DF26A 2,000 2,119.60 1 105.980 105.980 105.980 105.980 0.980 l GP23A 2,000 2,039.80 1 101.990 101.990 101.990 101.990 0.000 l HB18A 42,700 45,262.00 1 106.000 106.000 106.000 106.000 0.000 l HM24A 33,500 35,400.30 5 106.500 105.000 106.500 105.000 0.000 l HP25A 37,900 39,416.00 2 104.000 104.000 104.000 104.000 0.000 l IG24A 3,000 3,240.00 1 108.000 108.000 108.000 108.000 0.000 s IH25A 3,200 3,424.00 1 107.000 107.000 107.000 107.000 0.250 l MB19A 25,000 27,500.00 1 110.000 110.000 110.000 110.000 0.000 l MD26A 5,400 5,616.00 2 104.000 104.000 104.000 104.000 0.000 l MS23A 3,000 3,195.00 1 106.500 106.500 106.500 106.500 0.000 t MS26A 50,000 52,600.00 2 105.200 105.200 105.200 105.200 -0.050 s PC26A 30,000 30,512.95 2 101.750 101.700 101.700 101.750 0.050 t PT24A 39,000 40,950.00 3 105.000 105.000 105.000 105.000 -0.400 t SF20A 6,200 6,392.20 2 103.100 103.100 103.100 103.100 -0.900 s TI20A 5,100 5,181.60 1 101.600 101.600 101.600 101.600 0.100 l TI24A 4,000 4,340.00 1 108.500 108.500 108.500 108.500 0.000 t t t Market Summary as at January 31, 2017 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 214 Volume Traded ................................................................. 2,961,523 Value of € denominated securities .................................... 3,346,124 Value of US$ denominated securities ................................ 2,830 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 ........................ 2.160 -0.46% Medserv plc .................................. 1.649 3.06% FIMBank plc .................................. 0.890 0.00% Mapfre Middlesea plc .................... 2.220 -0.18% GlobalCapital plc ........................... 0.410 0.00% MIDI plc ........................................ 0.330 0.00% GO plc ........................................... 3.400 0.00% Plaza Centres plc ........................... 1.100 0.00% Grand Harbour Marina plc ............. 0.899 0.00% RS2 Software plc............................ 1.790 0.00% HSBC Bank Malta plc ..................... 2.000 -0.99% Simonds Farsons Cisk plc ............... 7.300 0.27% International Hotel Investments plc 0.660 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 -0.12% Malta Properties Company plc ........ 0.531 0.19% Malta International Airport plc ....... 4.070 0.49% MSE Index Business Today Beane: Malta's economy to stand out during unpredictable 2017 Malta's economy has the potential to emerge even stronger in 2017 despite a high level of uncertainty in the global and European econo- mies, according to HSBC Malta CEO Andrew Beane, while speak- ing at The Economist Gala Dinner Malta 'The World in 2017'. "There's something quite fantastic about the smallest country in the EU holding the Presidency – perhaps the most important moment in the EU's development itself – and doing so at a time when being small, adaptable and entrepreneurial is an opportunity," he said during an on-stage discussion with Daniel Franklin, executive editor of The Economist. Those opportunities, according to Beane, lay in Malta's strengths, which he signalled out as its heritage, a highly-educated and bilingual workforce, having one of the top 10 ports in the Mediterranean, its location just six miles from Europe's main shipping lane to China, and thriving sectors of high-tech and financial services. "In particular, if we look to the emerging markets which continue to grow twice as fast as the developed world, and we focus on those key trade flows, we focus on relationships, we use the talents in the room this evening, we will be back next year, proud of what's taken place here in Malta," he added. He also remarked that continued diversification within the economy is important for growth to remain sustainable, avoiding the risks associated with overdependence on a small number of sectors. HSBC Bank Malta was the lead sponsor of what has become the season opener for Malta's increasingly busy conference and meeting calendar, bringing luminaries to share their candid, sometimes bold – and always entertaining – predictions for the year ahead. The headline appearances this time were made by Pierluigi Collina, the world's most famous football referee, and Prime Minister Joseph Muscat. Malta is well placed to capitalise on opportunities in an uncertain world: HSBC CEO Andrew Beane Market Commentary: You shall not pass European markets were in the red on Monday, with traders unimpressed by the latest policy decisions by Presi- dent Donald Trump regarding a travel ban on refugees coming from seven Muslim-majority countries. Wall Street was also posting hefty losses. The Dow and S&P 500 were on track to register their worst daily loss since mid October, with investors grappling with this weekend's policy decisions. The Dow fell around 200 points, dropping below the 20,000 mark, with Boeing and Goldman Sachs contributing most to the losses. Energy and financials led the declines on Wall Street. There are also plenty on economic data to look forward to in the coming week, including a meeting by the Federal Reserve beginning on Tuesday. Trump rally on pause Although stocks reacted favourably to Trump's election back in November, with many indexes posting a series of record highs, the first week of his administration was marked by confusion and controversy. Tensions have been high between the US and Mexico, while a public outcry that occurred over a travel ban this past weekend sowed further doubts among some analysts that for lack of equality volatility could continue. Over the weekend, Trump signed an executive order banning citizens of Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen from entering the US. Alphabet's Google, Microsoft and Apple were among technology companies whose leaders criticised Trump's immigration ban. Their shares all traded lower on Monday. A number of travel and leisure shares were lower in European trade. Shares of Air France and Consolidated Airlines Group lost ground, and InterContinental Hotels Group was also in the red. Vodafone up, oil down Vodafone Group was trading in positive territory as the mobile services company said it is in talks to merge its Indian unit with India's Idea Cellular Ltd to create the largest mobile operator on the sub-continent. Shares in Idea Cellular also rallied on the news. Volkswagen Group soared past Toyota Motors as the world's largest automaker in 2016 despite its emissions scandal, capturing the crown for the first time in a bitter- sweet accomplishment. Banks were also posting losses on Monday. Lloyds Bank was in the spotlight after the UK government cut its stake in the UK's largest retail bank to 3.57 billion shares – or about 4.998% of its issued share capital. Lloyds shares fell 1.50% on Monday. In oil markets, prices were dragged lower as investors grew increasingly concerned that rising production in the US would offset output cuts pledged by OPEC and other producers. Crude oil was trading at $52.51 a barrel, having sunk 1.25% during Monday's session. This article was issued by Rebecca Naudi, Trader at Calamatta Cuschieri. For more information visit, www.cc.com.mt. The information, views and opinions provided in this article are being provided solely for educational and informational purposes and should not be construed as investment advice, advice concerning particular investments or investment decisions, or tax or legal advice. Calamatta Cuschieri Investment Services Ltd has not verified and consequently neither warrants the accuracy nor the veracity of any information, views or opinions appearing on this website.