Issue link: https://maltatoday.uberflip.com/i/853507
maltatoday, WEDNESDAY, 26 JULY 2017 12 Regular market closed – 25/07/2017 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change t BOV 20,971 45,423.06 8 2.170 2.160 2.170 2.160 -0.010 t FIM 39,027 28,489.71 1 0.730 0.730 0.730 0.730 -0.005 t GHM 10,600 8,692.00 2 0.820 0.820 0.820 0.820 -0.075 l GO 27,135 97,655.82 6 3.599 3.595 3.595 3.599 0.000 s HSB 700 1,442.00 1 2.060 2.060 2.060 2.060 0.010 s LOM 6,000 14,226.12 4 2.390 2.350 2.350 2.390 0.050 s MDI 16,000 5,040.00 1 0.315 0.315 0.315 0.315 0.001 s MIA 23,759 99,065.84 12 4.200 4.150 4.150 4.200 0.050 s MLT 47,083 34,243.92 4 0.730 0.720 0.720 0.730 0.010 l MMS 32,280 60,359.00 5 1.870 1.860 1.860 1.870 0.000 t MPC 402 203.01 2 0.505 0.505 0.505 0.505 -0.023 t MTP 2,066 4,090.68 1 1.980 1.980 1.980 1.980 -0.050 l RS2 4,200 7,766.21 2 1.850 1.849 1.849 1.850 0.000 s SFC 4,743 36,805.68 4 7.760 7.760 7.760 7.760 0.010 s TML 14,500 13,922.00 3 0.970 0.960 0.960 0.970 0.010 t G18A 5,400 5,813.64 1 107.660 107.660 107.660 107.660 -0.260 t G19A 6,235 7,112.89 1 114.080 114.080 114.080 114.080 -0.090 s G28B 21,000 27,780.90 1 132.290 132.290 132.290 132.290 0.210 s G29A 2,000 2,792.20 1 139.610 139.610 139.610 139.610 1.010 s G33A 13,000 17,457.70 1 134.290 134.290 134.290 134.290 0.610 s G39A 366,300 362,469.08 18 99.010 98.750 98.750 98.960 0.260 l G40A 23,400 26,638.56 2 113.840 113.840 113.840 113.840 0.000 s G41A 140,200 142,998.09 6 102.090 101.920 101.920 102.090 0.270 l BV18A 20,000 20,400.00 3 102.000 102.000 102.000 102.000 0.000 s BV19A 1,600 1,643.20 1 102.700 102.700 102.700 102.700 0.050 l BV19B 10,000 10,401.00 1 104.010 104.010 104.010 104.010 0.000 l CB25A 4,800 4,989.60 2 103.950 103.950 103.950 103.950 0.000 t CF26A 48,900 50,367.00 4 103.000 103.000 103.000 103.000 -1.010 l GC21A 5,000 4,972.50 1 99.450 99.450 99.450 99.450 0.000 l HP25A 2,500 2,600.00 1 104.000 104.000 104.000 104.000 0.000 l IH23A 10,400 10,842.00 1 104.250 104.250 104.250 104.250 0.000 l IH26A 6,600 6,666.00 3 101.000 101.000 101.000 101.000 0.000 l IH26B 4,800 4,884.00 1 101.750 101.750 101.750 101.750 0.000 t MD26A 4,100 4,198.16 3 103.010 102.000 103.010 102.000 -1.010 t PC26A 36,400 36,918.30 5 102.000 101.100 101.700 101.100 -0.900 t PT24A 2,100 2,131.50 1 101.500 101.500 101.500 101.500 -0.490 t SD27A 16,000 16,476.80 2 102.980 102.980 102.980 102.980 -0.020 t TI27A 2,800 2,860.20 1 102.150 102.150 102.150 102.150 -0.850 Market Summary as at 25/07/2017 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 117 Volume Traded ................................................................. 1,003,001 Value of € denominated securities .................................... 1,202,348.66 Value of US$ denominated securities ................................ 28,489.71 Value of GBP£ denominated securities .............................. 0.00 Current Index ................................................................... - Previous Index ................................................................. - Change in Index (%) ......................................................... - Bank of Valletta plc ........................ 2.170 0.46% Medserv plc .................................. 1.250 -1.96% FIMBank plc .................................. 0.735 -3.29% Mapfre Middlesea plc .................... 1.870 0.00% GlobalCapital plc ........................... 0.340 0.00% MIDI plc ........................................ 0.314 0.00% GO plc ........................................... 3.599 0.00% Plaza Centres plc ........................... 1.149 0.00% Grand Harbour Marina plc ............. 0.895 0.00% RS2 Software plc............................ 1.850 0.00% HSBC Bank Malta plc ..................... 2.050 0.00% Simonds Farsons Cisk plc ............... 7.750 0.00% International Hotel Investments plc 0.620 0.00% Tigné Mall plc ................................ 0.960 0.00% Lombard Bank Malta plc ................ 2.340 0.00% Pefaco International plc ................. 2.240 0.00% Malita Investments plc ................... 0.720 0.00% Santumas Shareholdings plc ......... 2.149 0.00% Malta International Airport plc ....... 4.150 1.22% Malta Properties Company plc ........ 0.528 0.00% MaltaPost plc ................................. 2.030 0.00% PG plc ........................................... 1.340 0.00% MSE Index Business Today Argus Group reports earnings of $12 million • Shareholders' Equity increased to $130.2 million • Interim dividend 9 cents per share Argus Group Holdings Limited, the parent company of Malta based Argus Insurance Agencies Limited, has announced net earn- ings to shareholders of $12 mil- lion for the year ended March 31, 2017, compared with $7.3 million in the prior year. Alison Hill, chief executive officer of the Argus Group, says: "This is a solid result which is underpinned by disciplined, long- term underwriting strategies and strong investment performance against a backdrop of geopolitical turmoil and market disruption. We believe our role is one of careful stewardship of our shareholders' assets and long-term custodianship of our business for future generations. We are making continued progress in our commitment to diversify the group's sources of earnings across products and geographies, including the acquisition of Island Insurance Brokers Limited in Malta." Shareholders' equity now stands at $130.2 million and remains well in excess of the capital level required by regulators to support the insurance and investment activities of the group. The result for the year represents a return on average shareholders' equity of 9.5 percent, compared with 6 percent in the prior year. Earnings per share for the year were $0.57, compared with $0.34 in the previous year. As of March 31, 2017, total assets including segregated fund assets stood at $2.2 billion. Investment income increased by $16.9 million compared to the prior year. The robust results reflected stronger performance from our selected investment managers, with all managers meeting or outperforming their target returns. Alison Hill comments: "Despite competitive markets and environmental changes, we remain optimistic about the future. The group's three strategic priorities are positioning the group to thrive in uncertain times and to be resilient to whatever global forces push our way. Our advocacy and innovation strategies are creating the value our clients are looking for, which helps support long-term margin squeeze. Our growth strategy will diversify the group's sources of revenue and bring economies of scale. Underpinning these strategies are our highly engaged team and our culture of doing the right thing, for everyone, always." The strong financial position and underlying earnings strength of the group has allowed the board to declare an interim dividend of 9 cents per share payable on August 23, 2017. From left: Alison Hill, chief executive officer of the Argus Group, and Argus Insurance Agencies Limited (AIAL) chief executive, Dr Vanessa Borg Klikk Finance p.l.c. bond offer fully subscribed Klikk Finance p.l.c. of The Factory, Mosta Road, Lija, has announced that the offer of €2,000,000, 5.25 per cent un- secured bonds 2027, issued in terms of a company admission document dated July 3, 2017 and offered via subscription through Financial Planning Ser- vices Limited in its capacity as placement agent, manager, and registrar, has been fully sub- scribed. Subscriptions closed on July 21. The company board of directors thanked its advisors Grant Thornton, Financial Planning Services Limited and the investing public, for their strong support in the bond issue.