Issue link: https://maltatoday.uberflip.com/i/804561
maltatoday, WEDNESDAY, 29 MARCH 2017 12 Regular market closed –28/03/2017 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change s BOV 6,469 14,224.11 6 2.200 2.190 2.200 2.200 0.020 s GO 5,000 17,705.00 2 3.550 3.535 3.535 3.550 0.030 s HSB 10,000 20,685.17 4 2.080 2.060 2.060 2.080 0.020 l MIA 5,000 20,750.00 2 4.150 4.150 4.150 4.150 0.000 l MLT 13,165 9,939.58 2 0.755 0.755 0.755 0.755 0.000 s MMS 3,000 6,481.08 4 2.190 2.160 2.160 2.190 0.040 l MPC 1,800 936.00 1 0.520 0.520 0.520 0.520 0.000 s RS2 5,430 8,940.30 3 1.649 1.640 1.640 1.649 0.009 s G20A 3,600 4,197.60 1 116.600 116.600 116.600 116.600 0.100 s G20B 4,500 5,138.10 1 114.180 114.180 114.180 114.180 0.010 s G21A 37,395 45,176.90 2 120.810 120.810 120.810 120.810 0.010 t G22A 9,687 12,075.17 2 124.820 124.610 124.610 124.820 -0.050 t G23A 116,470 151,329.47 3 129.930 129.930 129.930 129.930 -0.130 s G24A 18,000 21,121.20 1 117.340 117.340 117.340 117.340 0.210 t G28B 44,500 57,912.30 1 130.140 130.140 130.140 130.140 -0.320 t G29B 976,400 1,043,323.00 2 106.970 106.850 106.850 106.970 -0.030 t G30A 59,000 83,077.90 5 140.810 140.810 140.810 140.810 -0.020 s G31A 31,500 44,685.50 4 142.170 141.800 141.800 142.170 0.760 t G32B 1,800 2,402.82 1 133.490 133.490 133.490 133.490 -0.010 s G34A 5,500 7,133.50 1 129.700 129.700 129.700 129.700 0.290 s G35AA 28,000 28,145.60 2 100.520 100.520 100.520 100.520 0.190 t G36A 79,400 81,337.36 3 102.500 102.380 102.500 102.380 -0.050 s G39A 156,400 149,006.72 10 95.500 95.140 95.450 95.420 0.140 t G40A 663,200 731,051.89 6 110.380 110.230 110.240 110.230 -0.110 l BV19 22,000 22,880.00 2 104.000 104.000 104.000 104.000 0.000 l BV20A 1,000 1,034.00 1 103.400 103.400 103.400 103.400 0.000 l BV30B 25,000 24,250.00 1 97.000 97.000 97.000 97.000 0.000 l CF26A 6,900 7,072.50 1 102.500 102.500 102.500 102.500 0.000 s HP25A 4,400 4,533.20 2 103.150 102.550 102.550 103.150 0.600 s IH26A 12,400 12,625.10 3 101.950 101.500 101.500 101.940 0.440 s MD26A 3,800 3,932.50 3 103.750 101.750 101.750 103.750 2.000 t MF24A 10,000 10,636.95 2 106.800 105.750 106.800 105.750 -1.250 s MI20A 5,000 5,150.00 1 103.000 103.000 103.000 103.000 1.000 l MM26A 32,000 33,280.00 2 104.000 104.000 104.000 104.000 0.000 t PG22A 25,000 27,062.50 3 108.250 108.250 108.250 108.250 -0.010 t PT24A 24,000 24,844.00 2 103.600 103.500 103.500 103.600 -0.200 Market Summary as at March 28, 2017 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 92 Volume Traded ................................................................. 2,456,716 Value of € denominated securities .................................... 2,744,077.02 Value of US$ denominated securities ................................ 0.00 Value of GBP£ denominated securities .............................. 0.00 Current Index ................................................................... - Previous Index ................................................................. - Change in Index (%) ......................................................... - Bank of Valletta plc ........................ 2.200 0.92% Medserv plc .................................. 1.600 0.00% FIMBank plc .................................. 0.850 0.00% Mapfre Middlesea plc .................... 2.190 1.86% GlobalCapital plc ........................... 0.340 0.00% MIDI plc ........................................ 0.330 0.00% GO plc ........................................... 3.550 0.85% Plaza Centres plc ........................... 1.050 0.00% Grand Harbour Marina plc ............. 0.899 0.00% RS2 Software plc............................ 1.649 0.55% HSBC Bank Malta plc ..................... 2.080 0.97% Simonds Farsons Cisk plc ............... 7.200 0.00% International Hotel Investments plc 0.640 0.00% Tigné Mall plc ................................ 1.062 0.00% Lombard Bank Malta plc ................ 2.460 0.00% Pefaco International plc ................. 2.240 0.00% Malita Investments plc ................... 0.755 0.00% Santumas Shareholdings plc ......... 1.700 0.00% Malta International Airport plc ....... 4.150 0.00% Malta Properties Company plc ........ 0.520 0.00% MaltaPost plc ................................. 2.030 0.00% MSE Index Business Today Market commentary | Monday Blues Monday blues The week began in a dull tone, with European markets in the red by the most in almost two months, alongside a slide in global equities. The main worrying factor would be the United States Trump administration not being able to get its reforms up and running. On Friday, after the European markets closed, Republican leaders pulled their healthcare Bill from a House of Representative vote, aiming to replace Obamacare. The failure of the healthcare Bill raises doubts on whether the administration is strong enough and on whether the equity markets can continue the performance seen in the recent months. On Wall Street, US markets bounced back from the morning's heavy losses. In Mid-session, the NASDAQ pared much of its 1% loss, and made a run for positive territory and was trading practically flat. The tech-heavy composite index was then in the green later on. The S&P 500 and Dow Jones industrial average both lagged with losses but way off their initial lows. Financials were amongst the biggest losers in early trading, with Goldman Sachs heavily weighing down on the Dow Jones 30. Stabilising the relationship between UK nations UK's Prime Minister Theresa May was in Glasgow on Monday, to meet with Scotland's First Minister Nicola Sturgeon to discuss Brexit. The aim of the meeting was to consolidate the relationship between the countries aiming to strengthen and stabilise UK nations in view of triggering Article 50 in the coming days. The meeting was a result of an announcement made by Scotland's Minister, seeking a second independence referendum in Scotland since the UK government was "not willing to meet Scotland half–way" on terms of leaving the bloc. On the other hand, May insisted in planning to negotiate a Brexit deal that will work for the whole country including Scotland. Qatar topping up investment in the UK Qatar will invest £5 billion in the UK over the next three to five years, the Middle Eastern country's finance minister Ali Shareef al Emadi said on Monday. He noted the investments would focus on infrastructure, technology, energy and real estate. The finance minister stated that Qatar views investment for the long term, especially in the UK and do not consider the current up and down cycles. "We will do what we think is good for us, it is commercially viable, it has a good vision and a good impact," the minister added. Qatar has already put £40 billion into the UK, as it owns Harrods, the Olympic Village, a 95% stake in the Shard and a stake in Canary Wharf. This article was issued by Rodrick Duca, Trader at Calamatta Cuschieri. For more information visit, www. cc.com.mt. The information, view and opinions provided in this article is 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. 87,000 guests turn to collective accommodation in January Total guests and nights spent in collective accommodation estab- lishments during January 2017 advanced by 17.1 and 9 per cent respectively when compared to the corresponding month in 2016. In January, total guests in collective accommodation establishments numbered 86,854, while total nights spent amounted to 452,373. 5-star and 2-star hotels were the only collective accommodation categories registering decreases in total nights spent. The largest share of guest nights was reported in 4-star hotels, accounting for 218,360 nights, or 48.3 per cent of the total. The average length of stay in collective accommodation establishments went down to 5.2 nights in January 2017 from 5.6 nights in the same month of 2016. The net use of bed-places stood at 40.9 per cent, up by 2.4 percentage points when compared to the corresponding month last year. On a national level, there were 156 active collective accommodation establishments during January 2017, with a net capacity of 16,303 bedrooms and 36,546 bed-places. Regional breakdown Total guests in Malta numbered 83,621, up by 17.9 per cent over January 2016. Additionally, an increase of 9.1 per cent was recorded in the number of nights spent. In Gozo and Comino total guests decreased slightly to 3,233, while total nights spent went up by 2.6 per cent to 8,727 when compared to the comparative month last year. In Malta, the average length of stay edged down by 0.4 of a night to 5.3, while that in Gozo and Comino edged up by 0.1 of a night to 2.7, when compared with the same month last year. The net occupancy rate in Malta advanced by 2.5 percentage points, reaching 41.8 per cent, and that in Gozo and Comino rose by 0.4 percentage points to 19.4 per cent over the same month of 2016