Issue link: https://maltatoday.uberflip.com/i/821961
maltatoday, WEDNESDAY, 10 MAY 2017 12 Regular market closed –9/05/2017 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change t BOV 60,705 136,593.90 9 2.260 2.240 2.250 2.260 -0.010 l GO 6,800 23,786.40 1 3.498 3.498 3.498 3.498 0.000 t HSB 26,700 53,956.70 3 2.049 2.000 2.040 2.000 -0.049 t IHI 12,500 7,665.00 2 0.630 0.610 0.630 0.610 -0.020 t MIA 5,200 21,522.80 1 4.139 4.139 4.139 4.139 -0.001 l MLT 36,045 26,673.30 3 0.740 0.740 0.740 0.740 0.000 s MPC 7,000 3,773.24 4 0.540 0.520 0.520 0.540 0.030 s PG 406,700 508,496.00 24 1.270 1.240 1.240 1.270 0.021 t PZC 4,700 4,982.00 1 1.060 1.060 1.060 1.060 0.000 t RS2 40,500 62,265.00 7 1.575 1.530 1.530 1.530 0.000 t G17C 70,000 71,540.00 2 102.200 102.200 102.200 102.200 -0.020 t G22B 16,100 19,276.53 1 119.730 119.730 119.730 119.730 -0.160 t G23A 23,294 30,249.59 2 129.860 129.860 129.860 129.860 -0.180 t G24A 10,000 11,762.00 1 117.620 117.620 117.620 117.620 -0.240 t G30A 36,000 50,880.20 3 141.370 141.320 141.370 141.320 -0.680 t G31A 2,500 3,557.00 1 142.280 142.280 142.280 142.280 -0.780 t G32A 50,000 68,240.00 2 136.480 136.480 136.480 136.480 -0.870 t G32B 70,000 93,574.00 2 133.720 133.620 133.720 133.620 -0.520 t G33A 25,000 33,120.00 1 132.480 132.480 132.480 132.480 -0.770 t G34A 1,500 1,949.40 1 129.960 129.960 129.960 129.960 -0.770 t G36A 117,000 121,390.00 3 104.000 103.500 103.770 103.500 -0.930 l G39A 13,700 13,123.14 4 96.000 95.740 96.000 95.740 -0.590 l G41A 84,500 84,832.20 5 100.400 100.360 100.400 100.360 -0.040 l AX24A 24,100 26,510.00 2 110.000 110.000 110.000 110.000 0.000 l BV18A 8,000 8,304.00 1 103.800 103.800 103.800 103.800 0.000 s BV19A 4,100 4,212.75 1 102.750 102.750 102.750 102.750 0.000 s BV19B 9,000 9,360.00 1 104.000 104.000 104.000 104.000 0.000 l BV20A 8,000 8,200.80 1 102.510 102.510 102.510 102.510 0.010 t BV30A 178,300 176,952.17 8 99.500 99.000 99.000 99.500 1.500 l EF27A 19,000 19,417.60 4 103.990 101.000 103.990 101.000 0.000 s GC21A 10,000 9,899.00 1 98.990 98.990 98.990 98.990 -0.010 l HP25A 2,100 2,154.60 1 102.600 102.600 102.600 102.600 0.000 s IH26A 67,200 68,802.95 7 102.450 101.700 102.000 102.450 0.450 l IH26B 10,800 11,016.00 2 102.000 102.000 102.000 102.000 0.000 s MB19A 5,000 5,276.00 1 105.520 105.520 105.520 105.520 0.010 l MI21A 15,700 15,700.00 2 100.000 100.000 100.000 100.000 0.000 t MS26B 90,000 94,505.50 2 105.010 105.000 105.010 105.000 -0.010 l PC26A 241,700 245,891.20 7 101.950 101.500 101.550 101.950 0.000 s PG20A 5,300 5,490.80 1 103.600 103.600 103.600 103.600 1.100 t PT24A 73,700 75,919.73 6 103.030 103.000 103.030 103.000 -0.010 s SD27A 122,000 123,119.14 8 101.000 100.600 100.990 101.000 0.010 t SF20A 16,900 17,322.50 1 102.500 102.500 102.500 102.500 -0.500 s VH24A 82,000 82,341.20 6 100.680 100.000 100.000 100.680 0.680 Market Summary as at May 9, 2017 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 146 Volume Traded ................................................................. 2,119,344 Value of € denominated securities .................................... 2,369,098.84 Value of US$ denominated securities ................................ 94,505.50 Value of GBP£ denominated securities .............................. 0.00 Current Index ................................................................... - Previous Index ................................................................. - Change in Index (%) ......................................................... - Bank of Valletta plc ........................ 2.270 1.34% Medserv plc .................................. 1.399 0.00% FIMBank plc .................................. 0.799 0.00% Mapfre Middlesea plc .................... 2.070 0.00% GlobalCapital plc ........................... 0.320 0.00% MIDI plc ........................................ 0.310 1.97% GO plc ........................................... 3.498 0.00% Plaza Centres plc ........................... 1.060 0.00% Grand Harbour Marina plc ............. 0.897 0.00% RS2 Software plc............................ 1.530 -2.55% HSBC Bank Malta plc ..................... 2.049 0.00% Simonds Farsons Cisk plc ............... 7.500 0.81% International Hotel Investments plc 0.630 -1.56% Tigné Mall plc ................................ 1.000 0.00% Lombard Bank Malta plc ................ 2.430 0.00% 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 ....... 4.140 0.00% Malta Properties Company plc ........ 0.510 0.00% MaltaPost plc ................................. 2.000 0.00% PG plc ........................................... 1.249 0.32% MSE Index Business Today Local councils register significant improvements with GreenPak Well-designed recycling pro- grammes generate significant re- sults: recently released figures for local councils that have adopted GreenPak's innovative approach for rewarding recycling perfor- mances are showing substantially improved recycling rates across all localities. After transferring their waste collection and recycling services to GreenPak, Sliema reported a staggering 28.5% improvement in its recycling efforts. St Julian's improved its recycling percentage by more than 24%, reporting a 65.7% recovery rate. Likewise, Qormi delivered a 68.7% recovery rate, an increase of more than 20%. Birkirkara registered a recovery rate of 64.1% from 44.9% while Mosta's recovery rate registered an increase of 18%, resulting in a figure of 64.9%. Referring to some of the high performing localities, GreenPak Coop CEO Ing. Mario Schembri, said: "The Maltese community is responding well to GreenPak's drive towards recycling more. Finding the right balance between providing free services and rewarding for performance is working well in many localities. "Large localities present great challenges but also great opportunities. Increasingly, Malta's society is becoming diverse and reaching a higher number of residents and keeping on increasing recycling levels demands constant attention. These challenges and opportunities have strengthened our resolve to provide communities with better recycling programmes and solutions. "We make it a point to engage every local council in order to address their specific needs and provide tailor-made solutions," added Ing. Schembri. "The migration of eight local councils to GreenPak that we have witnessed in the last three years, making our scheme the largest collection and waste recycling one in Malta by far, is testimony to our superior service, and the quality with which we deliver." The separated materials collected from these localities are sent for recycling in a renewed push towards increasing the recovery of packaging materials in a more sustainable way. Moreover, GreenPak have always endeavoured to instil awareness within communities to recycle more plastic, metal, glass and paper through the wide range of services it offers, from recycling bags, kerbside collections, bring-in sites and specific material collections such as for glass being held every first Friday of each month, irrespective of whether it happens to be a public holiday or not. The collections frequency run throughout the week and, in localities with high commercial activity, GreenPak provides collections from shops and small businesses even on Saturdays. GreenPak runs a 'free recycling bag' programme which is distributed to each household in an effort to encourage 'Recycling on Tuesdays'. Established in 2004, GreenPak runs waste recovery compliance schemes, authorised by the Environment and Resources Authority (ERA), in accordance with EU legislation. GreenPak also operates the WEEE Recycle Scheme, while in recent weeks it has launched Malta's national battery collection scheme called Batree. Organised as a cooperative society, GreenPak is entirely funded by companies whose trade contributes towards the generation of waste. During its forthcoming AGM, GreenPak will report to its members the results of its operations and present the audited accounts for 2016. Locality Previous GreenPak Improved Results Scheme Results Sliema 52.0% 80.5% +28.5% St Julian's 41.5% 65.7% +24.2% Qormi 48.6% 68.7% +20.1% B'Kara 44.9% 64.1% +19.2% Mosta 46.9% 64.9% +18.0% Money Market Report for the week ending May 5, 2017 ECB Monetary Operations On April 28, 2017, the European Central Bank (ECB) announced its weekly main refinancing op- eration (MRO). The operation was conducted on May 2, 2017, and attracted bids from euro area eli- gible counterparties of €14.43 bil- lion, €0.02 billion higher than the bid amount of the previous week. The amount was allotted in full at a fixed rate equivalent to the pre- vailing MRO rate of 0.00%, in ac- cordance with current ECB policy. On May 3, 2017, the ECB con- ducted a seven-day US dollar funding operation through col- lateralised lending in conjunction with the US Federal Reserve. This operation attracted bids of $0.04 billion, which was allotted in full at a fixed rate of 1.41%. Domestic Treasury Bill Market In the domestic primary market for Treasury bills, the Treasury invited tenders for 91-day bills for settlement value May 4, 2017, maturing on August 3, 2017. Bids of €15.00 million were submit- ted, with the Treasury accepting €10.00 million. Since €8.00 mil- lion worth of bills matured during the week, the outstanding balance of Treasury bills increased by €2.00 million, to stand at €221.00 million. The yield from the 91-day bill auction was -0.320%, down by 1.1 basis points from bids with a similar tenor issued on April 27, 2017, representing a bid price of €100.0810 per €100 nominal. During the week under review, there was no trading on the Malta Stock Exchange. On Tuesday the Treasury invited tenders for 28-day and 182-day bills maturing on June 8, and No- vember 9, 2017, respectively.