Issue link: https://maltatoday.uberflip.com/i/783519
maltatoday, WEDNESDAY, 8 FEBRUARY 2017 12 Regular market closed –08/02/2017 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change s BOV 48,503 105,428.55 16 2.180 2.160 2.160 2.170 0.020 l FIM 36,000 31,540.00 2 0.890 0.870 0.870 0.890 0.000 l GO 11,200 38,440.00 3 3.450 3.430 3.430 3.450 0.000 l HSB 2,470 4,989.40 2 2.020 2.020 2.020 2.020 0.000 l MIA 600 2,430.00 1 4.050 4.050 4.050 4.050 0.000 t MTP 3,100 6,320.90 2 2.039 2.039 2.039 2.039 -0.011 s PZCâ 3,000 3,450.00 1 1.150 1.150 1.150 1.150 0.050 t SFC 410 2,952.00 1 7.200 7.200 7.200 7.200 -0.100 s TML 400 448.40 1 1.121 1.121 1.121 1.121 0.001 t G21A 135,698 164,895.93 4 121.530 121.480 121.530 121.480 -0.120 t G28A 76,000 100,853.20 2 132.770 132.570 132.770 132.570 -0.460 t G28B 31,900 41,329.64 2 129.560 129.560 129.560 129.560 -0.310 t G29A 69,000 94,640.40 3 137.160 137.160 137.160 137.160 -0.340 t G29B 117,000 123,762.60 5 105.780 105.780 105.780 105.780 -0.450 t G30A 70,500 98,623.75 4 139.950 139.750 139.950 139.750 -0.360 t G31A 138,000 193,890.00 4 140.500 140.500 140.500 140.500 -0.500 t G32A 45,000 60,660.00 2 134.800 134.800 134.800 134.800 -0.370 t G34A 47,000 60,301.00 2 128.300 128.300 128.300 128.300 -0.410 t G36A 99,000 101,207.70 4 102.230 102.230 102.230 102.230 -0.240 s G39AA 48,000 46,359.34 7 97.000 96.280 96.280 96.300 0.030 t G40A 108,600 119,709.78 4 110.230 110.230 110.230 110.230 -0.550 s G41A 101,100 101,180.00 8 100.200 100.000 100.000 100.200 0.200 s BV30A 50,000 49,482.50 2 98.980 98.950 98.950 98.980 0.470 l CF26A 3,400 3,604.00 1 106.000 106.000 106.000 106.000 0.000 l GP23A 9,700 9,845.50 3 101.500 101.500 101.500 101.500 0.000 l HM24A 6,900 7,245.00 2 105.000 105.000 105.000 105.000 0.000 l IH26A 51,800 53,080.30 13 102.500 102.010 102.500 102.500 0.000 l MD26A 16,700 17,527.50 5 105.000 104.500 104.500 105.000 0.000 t MI17B 16,900 16,063.45 2 95.050 95.050 95.050 95.050 -4.950 t PC26A 44,900 45,944.15 5 102.490 101.800 102.490 102.490 -0.010 s PG22A 14,000 16,030.00 1 114.500 114.500 114.500 114.500 3.250 l PT24A 7,000 7,378.00 1 105.400 105.400 105.400 105.400 0.000 Market Summary as at February 7, 2017 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 115 Volume Traded ................................................................. 1,413,781 Value of € denominated securities .................................... 1,681,873 Value of US$ denominated securities ................................ 32,040 Value of GBP£ denominated securities .............................. 16,063 Current Index ................................................................... 4711.97 Previous Index ................................................................. - Change in Index (%) ......................................................... 0.15% 6pm Holdings plc .......................... 0.800 0.00% MaltaPost plc ................................. 2.039 -0.54% Bank of Valletta plc ........................ 2.170 0.93% Medserv plc .................................. 1.600 0.00% FIMBank plc .................................. 0.890 0.00% Mapfre Middlesea plc .................... 2.220 0.00% GlobalCapital plc ........................... 0.410 0.00% MIDI plc ........................................ 0.330 0.00% GO plc ........................................... 3.450 0.00% Plaza Centres plc ........................... 1.150 4.55% Grand Harbour Marina plc ............. 0.899 0.00% RS2 Software plc............................ 1.765 0.00% HSBC Bank Malta plc ..................... 2.020 0.00% Simonds Farsons Cisk plc ............... 7.200 -1.37% International Hotel Investments plc 0.640 0.00% Tigné Mall plc ................................ 1.121 0.09% Island Hotels Group Holdings plc ... 1.101 0.00% Pefaco International plc ................. 2.240 0.00% Lombard Bank Malta plc ................ 2.280 0.00% Santumas Shareholdings plc ......... 1.400 0.00% Malita Investments plc ................... 0.843 0.00% Malta Properties Company plc ........ 0.552 0.00% Malta International Airport plc ....... 4.050 0.00% MSE Index Business Today HSBC unveils restored facade of its iconic Valletta headquarters HSBC Malta has completed the restoration of its headquarters in Valletta, an early 17th century historical landmark located in the epicentre of the UNESCO World Heritage-listed capital city. The building's new-look façade revives the original elements of the iconic building and adds to the splendour of the monuments on Pjazza San Ġorġ. The restoration was completed just in time for the Maltese Presidency of the EU Council during which about 20,000 delegates from around Europe are expected to visit the administrative and commercial nerve centre of Malta. While the upper floors of the building were reconstructed after World War II, the restoration work showed that the façade at ground floor level pertained to the original structure. During the restoration, remains of an arched opening were discovered beneath the renders of the façade. Other highlights from the project scope included comprehensive façade cleaning, 100% re- pointing of all bricks and internal masonry, and restoration of the windows. HSBC Malta worked with preservation experts so that the highest priority was given to maintaining the heritage of the structure but also to safeguard the principles of restoration interventions. As a result, the exterior closely resembles the colour of the original stones. HSBC Malta CEO Andrew Beane (left) and chairman Sonny Portelli in front of the new-look façade of the HSBC Malta headquarters in Valletta Market Commentary: Cautious markets amid uncertainty in the US European markets closed in a dull tone on Monday amid concerns over Donald Trump's policies in the United States, including the travel ban. Markets also digested corporate earnings and news that French Republican Francois Fil- lon announced he would still run for the country's presidency de- spite the scandal concerning his wife's employment. During the day, the president of the European Central Bank (ECB), Mario Draghi said that the bank is ready to increase its quantitative easing programme if it deems the measure necessary to get inflation to the desired level, although the economic conditions in the Eurozone have been "steadily improving" and "economic prospects are firming up". Inflation recorded for the month of January was 1.8%, which was a big jump from the 1.1% recorded in December. This uptick in annual inflation was mainly due to higher oil prices. In fact, when excluding volatile items like food and fuel, inflation is still at 0.9%. The ECB president also commented on the moves made by the United States government to reform the Dodd-Frank Act (significant changes to the US financial regulation). Relaxing financial regulations is the last thing the ECB wants. Draghi also stated that it is too early to tell how Europe will react to less banking regulation in the US, monetary policy expansion and less regulation do not go hand in hand. On Wall Street, US markets were slightly down with focus on the battle of US President Donald Trump's administration to restore his travel ban after a judge suspended it nationwide last week. During the day, tech giants including Microsoft, Alphabet and Apple filed a legal brief against Trump's executive order to prevent nationals of seven predominantly Muslim countries from entering the US. Meanwhile, within the transportation sectors, airline and shippers scored moderate gains. On a positive note, gold, silver and platinum all tested the highest levels in more than two and a half months. Gold touched its strongest point since November. On the same lines, Silver and platinum added to their price too. Corporates corner In Milan, Unicredit Spa shares fell drastically as the Italian lender's €13 billion shares sale got underway. The share price in the rights issue was priced at a 38% discount. The move is aimed at bolstering capital at Unicredit, which had to write down bad loans. Ryanair Holdings traded lower yesterday as the airline announced a lower third-quarter net profit by 8% to €94.7 million from €102.7 million a year earlier. The Dublin-based airline saw a slight rise in the quarterly sales despite it carrying 16% more passengers. The number of seats for sale continued to hurt ticket prices. Meanwhile, Randgold Resources shares spiked as the gold producer posted a 76% leap in fourth- quarter net profit to $78.5 million and raised its final dividend by 52% to $1 a share. This article was issued by Rodrick Duca, 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.