Issue link: https://maltatoday.uberflip.com/i/818637
maltatoday, WEDNESDAY, 3 MAY 2017 12 Regular market closed –2/05/2017 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change l BOV 14,568 32,771.46 8 2.250 2.245 2.250 2.250 0.000 s GCL 20,000 6,400.00 1 0.320 0.320 0.320 0.320 0.020 s GO 10,000 34,673.69 6 3.499 3.450 3.450 3.499 0.010 t HSB 17,000 33,930.00 3 2.000 1.980 2.000 1.980 -0.070 l IHI 6,000 3,840.00 1 0.640 0.640 0.640 0.640 0.000 s LOM 345 838.35 1 2.430 2.430 2.430 2.430 0.030 s MDI 6,000 1,860.00 1 0.310 0.310 0.310 0.310 0.010 l MIA 3,500 14,525.00 3 4.150 4.150 4.150 4.150 0.000 t RS2 16,866 25,064.12 6 1.500 1.460 1.500 1.460 -0.040 t G20B 5,000 5,697.00 1 113.940 113.940 113.940 113.940 -0.160 s G21A 8,852 10,681.71 1 120.670 120.670 120.670 120.670 0.020 s G22A 7,029 8,769.38 3 124.760 124.760 124.760 124.760 0.160 t G22B 50,000 59,800.00 1 119.600 119.600 119.600 119.600 -0.120 t G28B 12,000 15,688.80 1 130.740 130.740 130.740 130.740 -0.160 s G30A 10,000 14,130.00 1 141.300 141.300 141.300 141.300 0.070 s G32A 6,000 8,193.60 1 136.560 136.560 136.560 136.560 0.190 t G34A 110,000 142,720.00 2 130.000 129.720 130.000 129.720 -0.300 t G35AA 20,000 20,190.00 1 100.950 100.950 100.950 100.950 -1.050 s G36A 136,800 141,501.50 4 103.510 103.000 103.000 103.510 0.200 t G39A 52,900 50,461.31 4 95.390 95.390 95.390 95.390 -0.410 t G40A 15,500 17,090.30 2 110.260 110.260 110.260 110.260 -0.080 s BV19A 14,600 15,146.50 3 104.000 102.750 102.750 104.000 1.250 s BV20A 15,000 15,580.00 3 104.000 103.750 103.750 104.000 0.500 l DF26A 15,000 15,825.00 1 105.500 105.500 105.500 105.500 0.000 t HM24A 32,900 33,959.50 4 105.000 103.000 105.000 103.000 -0.500 t HP25A 6,700 6,901.00 1 103.000 103.000 103.000 103.000 -1.000 l IH25A 700 738.50 1 105.500 105.500 105.500 105.500 0.000 s IH26A 17,600 17,997.00 3 102.450 102.000 102.000 102.450 0.450 l IH26B 10,000 10,200.00 2 102.000 102.000 102.000 102.000 0.000 t MD26A 6,000 6,195.68 2 103.490 103.000 103.000 103.490 -0.010 t MS26A 3,900 4,017.00 1 103.000 103.000 103.000 103.000 -0.500 l PC26A 10,000 10,150.00 1 101.500 101.500 101.500 101.500 0.000 t PT24A 22,000 22,662.20 4 103.010 103.010 103.010 103.010 -0.240 l VH24A 10,000 10,000.00 2 100.000 100.000 100.000 100.000 0.000 Market Summary as at May 2, 2017 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 80 Volume Traded ................................................................. 692,760 Value of € denominated securities .................................... 818,198.60 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 ........................ 2.250 0.00% Medserv plc .................................. 1.450 0.00% FIMBank plc .................................. 0.799 0.00% Mapfre Middlesea plc .................... 2.100 0.00% GlobalCapital plc ........................... 0.320 6.67% MIDI plc ........................................ 0.310 3.33% GO plc ........................................... 3.499 0.29% Plaza Centres plc ........................... 1.060 0.00% Grand Harbour Marina plc ............. 0.897 0.00% RS2 Software plc............................ 1.460 -2.67% HSBC Bank Malta plc ..................... 1.980 -3.41% Simonds Farsons Cisk plc ............... 7.440 0.00% International Hotel Investments plc 0.640 0.00% Tigné Mall plc ................................ 1.100 0.00% Lombard Bank Malta plc ................ 2.430 1.25% Pefaco International plc ................. 2.240 0.00% Malita Investments plc ................... 0.740 0.00% Santumas Shareholdings plc ......... 1.750 0.00% Malta International Airport plc ....... 4.150 0.00% Malta Properties Company plc ........ 0.517 0.00% MaltaPost plc ................................. 2.050 0.00% PG plc ........................................... 1.000 0.00% MSE Index Business Today Greece reaches preliminary deal with creditors to pave way for bailout talks Greece has reached a preliminary deal with its creditors that should pave the way for long-awaited debt relief talks, the Greek fi- nance minister Euclid Tsakalotos said Tuesday. "There was white smoke," Tsakalotos told reporters, using a term associated with papal elections. "The negotiations for a technical deal were concluded on all issues... the way has now been paved for debt relief talks." Talks on the deal had dragged on for half a year mainly due to a rift between the European Union and the International Monetary Fund over fiscal targets. Greece and its creditors agreed a third, €86 billion bailout deal in July 2015, but the IMF has so far refused to take part after two prior programmes on the grounds that the targets were unrealistic and Athens' debt mountain unsustainable. After overnight talks, Tsakalotos said, a "preliminary technical agreement" had been achieved. Greece now needs to legislate the new measures before Eurozone finance ministers approve the disbursement of loans, money Athens needs to repay €7.5 billion in debt maturing in July. The next scheduled Eurogroup meeting is on 22 May, where reducing Greece's debt will also be discussed. Tsakalotos added he was "certain" that the agreement would enable Greece to secure debt relief measures from its creditors, which he has said is vital to spearhead recovery in the country's struggling economy. "There is no excuse of lack of agreement" in the talks, he said. Under pressure from its creditors, namely the European Union, European Central Bank and the International Monetary Fund, the Greek government agreed earlier this month to adopt another €3.6 billion in cuts in 2019 and 2020. Athens conceded fresh pension and tax break cuts in return for permission to spend an equivalent sum on poverty relief measures. A government source on Tuesday said pensions are to be cut by 9% on average, ANA said. The measures are to be approved by parliament by mid-May. If Athens outperforms its targets it will be allowed to activate a set of measures offsetting the impact of the additional austerity, which includes mainly lowering taxes. However, Prime Minister Alexis Tsipras has said he will not apply these cuts without a clear pledge later this month on debt-easing measures for Greece. Athens also hopes to be finally allowed access to the European Central Bank's asset purchase programme, known as quantitative easing, or QE, to help its return to bond markets. Over 10,000 people demonstrated against the cuts on Monday, and a general strike is to be held on 17 May. Announcement in respect of the offer of 27,000,000 Ordinary Shares in PG p.l.c The board of directors of PG plc said that the Initial Public Offer (IPO) of 27 million ordinary shares issued on 4 April, has been fully subscribed. In total, applications for 120 million shares were received for the 27 million shares on offer. As a result, 881 shareholders were added to the register of members of the company held with the Central Securities Depository of the Malta Stock Exchange. The shares will be admitted to listing on the official list of the Malta Stock Exchange today and trading will commence tomorrow. The company board of directors thanked the financial intermediaries, the investing public and the group's employees for the remarkable support shown towards this IPO sale of shares and for the confidence expressed in the PG Group. Greece and its international creditors reached a preliminary deal allowing the country to receive crucial bailout payments in exchange for promises to raise taxes and to further cut pensions and social spending