Issue link: https://maltatoday.uberflip.com/i/812895
maltatoday, WEDNESDAY, 19 APRIL 2017 12 Regular market closed –18/04/2017 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change ▲ BOV 40,423 90,210.41 14 2.240 2.230 2.230 2.240 0.020 ▼ GO 9,300 32,359.01 5 3.489 3.475 3.480 3.479 -0.010 ▼ HSB 11,927 24,731.38 5 2.080 2.070 2.080 2.070 -0.017 ▲ MDI 3,000 960.00 1 0.320 0.320 0.320 0.320 0.005 ▲ MIA 1,190 4,993.00 2 4.200 4.195 4.195 4.200 0.010 ● MLT 36,500 27,010.00 3 0.740 0.740 0.740 0.740 0.000 ▼ MMS 3,800 7,996.00 2 2.120 2.100 2.120 2.100 -0.020 ▲ MPC 5,000 2,600.00 3 0.520 0.520 0.520 0.520 0.005 ▼ MTP 2,000 4,000.00 1 2.000 2.000 2.000 2.000 -0.030 ▲ PZC 72,008 75,543.60 5 1.050 1.032 1.032 1.050 0.025 ▼ RS2 3,000 4,740.00 1 1.580 1.580 1.580 1.580 -0.020 ▼ TML 6,050 6,415.00 3 1.070 1.060 1.070 1.060 -0.002 ▼ G18A 6,989 7,683.01 1 109.930 109.930 109.930 109.930 -0.200 ▼ G19A 34,941 40,583.97 1 116.150 116.150 116.150 116.150 -0.160 ▼ G24A 500,000 591,200.00 1 118.240 118.240 118.240 118.240 -0.080 ▼ G28B 4,200 5,496.04 2 130.870 130.820 130.820 130.870 -0.260 ▼ G29B 55,000 59,160.50 3 107.670 107.380 107.380 107.670 -0.050 ▼ G30A 9,000 12,735.90 2 141.510 141.510 141.510 141.510 -0.360 ▼ G32A 35,000 47,922.50 2 136.950 136.900 136.900 136.950 -0.350 ▼ G32B 200,000 268,005.00 4 134.090 133.940 134.040 134.090 -0.240 ▼ G33A 10,000 13,300.00 2 133.000 133.000 133.000 133.000 -0.300 ▼ G34A 164,000 213,876.50 5 130.520 130.370 130.470 130.520 -0.280 ▲ G35AA 3,700 3,774.00 1 102.000 102.000 102.000 102.000 0.090 ▼ G36A 59,500 61,749.80 5 103.980 103.700 103.700 103.980 -0.020 ▼ G39A 5,000 4,833.50 1 96.670 96.670 96.670 96.670 -0.360 ▼ G40A 71,600 79,981.68 6 111.730 111.680 111.730 111.730 -0.350 ▼ G41A 50,000 50,022.00 3 100.100 100.000 100.000 100.040 -0.150 ▼ AX24A 25,000 27,475.00 1 109.900 109.900 109.900 109.900 -0.100 ▼ BV18A 58,000 60,300.00 7 104.000 103.900 104.000 104.000 -0.500 ▲ BV19A 32,700 33,940.96 6 104.000 103.650 103.650 104.000 0.340 ▼ BV19B 110,000 113,270.00 4 103.000 102.000 103.000 102.000 -2.000 ▼ BV20A 77,400 79,761.00 10 103.300 103.000 103.300 103.000 -0.400 ▲ GP23A 17,100 17,506.00 2 102.640 102.000 102.000 102.640 0.640 ● HB18A 4,400 4,655.20 1 105.800 105.800 105.800 105.800 0.000 ▲ IH25A 2,900 3,081.25 1 106.250 106.250 106.250 106.250 1.230 ▲ IH26A 20,000 20,500.00 3 102.500 102.500 102.500 102.500 0.500 ▼ IH26B 134,800 134,858.00 11 101.000 100.000 101.000 100.000 -1.000 ▲ MD26A 9,500 9,716.59 3 102.500 102.000 102.000 102.500 2.400 ▲ PC26A 507,800 508,404.95 15 101.250 100.000 100.500 101.250 0.750 ● PT24A 6,600 6,798.00 1 103.000 103.000 103.000 103.000 0.000 ▼ VH24A 25,000 25,102.50 4 100.700 100.000 100.700 100.000 -0.200 Market Summary as at April 18, 2017 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 153 Volume Traded ................................................................. 2,434,328 Value of € denominated securities .................................... 2,787,252.25 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 ........................ 2.240 0.90% Medserv plc .................................. 1.515 0.00% FIMBank plc .................................. 0.810 0.00% Mapfre Middlesea plc .................... 2.100 -0.94% GlobalCapital plc ........................... 0.340 0.00% MIDI plc ........................................ 0.320 1.59% GO plc ........................................... 3.479 -0.29% Plaza Centres plc ........................... 1.050 2.44% Grand Harbour Marina plc ............. 0.897 0.00% RS2 Software plc............................ 1.580 -1.25% HSBC Bank Malta plc ..................... 2.070 -0.81% Simonds Farsons Cisk plc ............... 7.200 0.00% International Hotel Investments plc 0.642 0.00% Tigné Mall plc ................................ 1.060 -0.19% Lombard Bank Malta plc ................ 2.488 0.00% Pefaco International plc ................. 2.240 0.00% Malita Investments plc ................... 0.740 0.00% Santumas Shareholdings plc ......... 1.700 0.00% Malta International Airport plc ....... 4.200 0.24% Malta Properties Company plc ........ 0.520 0.97% MaltaPost plc ................................. 2.000 -1.48% MSE Index Business Today Market Commentary: Positive earnings reports pleases Wall Street European markets were closed dur- ing Monday's trading session due to the Easter and bank holidays, but markets were kept busy with news coming out of Ankara that the referendum was marginally won by the Yes campaign. This now means that the Turkish president will now be granted executive powers and the Turkish political system will now change from a parliamentary system to a presidential system. Due to European markets being closed, focus shifted on to the American side of the Atlantic on Monday as earnings season is currently underway with many firms reporting their financial results. US Vice President, Mike Pence, visited the Demilitarised Zone between North and South Korea as part of his Asian tour. Pence's visit comes as the North Korean regime has increased its rhetoric and continued with the advancement of its nuclear program. Despite this concern, Wall Street commenced trading on a positive note as the opening bell was rung and ended the day twenty points higher from the previous close. JC Penney shares rise higher JC Penney's share price took a hit during Monday's trading as the American department store reported that it was postponing the planned liquidation of 138 of its stores. The company had previously reported that it was closing the stores in February as it was undergoing a cost cutting programme. Following this statement, sales had initially increased which then prompted the company to postpone its decision to close down the stores until at least 31 July. Wells Fargo's profits fall as scandal takes its toll Shares in the American retail bank Wells Fargo, rose even though the bank is still trying to repair the damage done by the bogus accounts scandal. Well Fargo's net income fell by 1% when compared to the same period last year with revenues also decreasing by 1% as they came in at $22bn. Ongoing investigations into the scandal have revealed that the bank's top executives knew about the scandal a year before the news broke out. Investigations have revealed that the scandal was brought about by the aggressive targets placed on the bank's employees. JP Morgan Chase posts solid results The American investment bank JP Morgan Chase, posted a 17% rise in net income during the first quarter of 2017 despite the fact that their retail banking unit showed signs of slowing down. The major contributor to the bank's bottom line was the investment banking unit which also reported a 17% rise in revenues to $9.5bn. The bank might have to thank the Trump administration for the increase in revenues as the President himself has mentioned that interest rates should be increased, taxes should be lowered and lighter regulation should be implemented, as these are all factors that play well into the hands of JP Morgan Chase. Disclaimer: This article was issued by Simon Gauci Borda, 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. JC Penney's share price took a hit as the American department store reported that it was postponing the planned liquidation of 138 of its stores 10% increase in crossings to Gozo over Easter Gozo Channel registered a 10.6% increase in passengers travelling to Gozo during Easter week when compared to the same period last year, the Gozo Ministry said yes- terday, setting a new record. The number of cars also in- creased by 10.6%. According to the ministry, this Easter period saw 12 more trips than last year. "This led to decreased waiting time, despite a ferry experiencing technical problems," the ministry added. The Gozo Channel registered a 10.6% increase in passengers travelling to Gozo during Easter week when compared to the same period last year