Issue link: https://maltatoday.uberflip.com/i/870005
maltatoday, WEDNESDAY, 6 SEPTEMBER 2017 12 Business Today Regular market closed – 05/09/2017 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change s BOV 17,355 36,291.94 9 2.098 2.080 2.098 2.097 0.007 l GO 1,400 4,998.00 1 3.570 3.570 3.570 3.570 0.000 l HSB 15,045 28,886.40 5 1.920 1.920 1.920 1.920 0.000 l LOM 1,500 3,300.00 1 2.200 2.200 2.200 2.200 0.000 t MLT 2,674 2,000.15 1 0.748 0.748 0.748 0.748 -0.002 l PG 300 420.00 1 1.400 1.400 1.400 1.400 0.000 t RS2 8,300 14,765.70 2 1.779 1.779 1.779 1.779 -0.001 s SFC 111 915.64 1 8.249 8.249 8.249 8.249 0.249 s G28A 50,000 67,480.00 1 134.960 134.960 134.960 134.960 0.080 s G29B 48,000 52,320.00 1 109.000 109.000 109.000 109.000 0.170 t G30A 50,000 71,500.00 1 143.000 143.000 143.000 143.000 -0.590 s G34A 50,000 66,350.00 1 132.700 132.700 132.700 132.700 0.240 t G36A 27,500 29,216.00 2 106.240 106.240 106.240 106.240 -0.020 t G39A 52,200 51,968.22 6 99.990 99.510 99.510 99.990 -0.010 s G40A 25,000 28,736.00 2 114.950 114.940 114.940 114.950 0.100 l BV19A 6,100 6,281.80 2 103.000 102.800 103.000 102.800 0.000 s BV19B 19,000 19,800.00 2 104.250 104.100 104.100 104.250 0.240 t BV30A 25,000 24,747.50 1 98.990 98.990 98.990 98.990 -0.010 t BV30B 5,000 4,825.00 1 96.500 96.500 96.500 96.500 -0.490 s CB21A 46,000 48,760.00 1 106.000 106.000 106.000 106.000 2.490 s CB27A 15,000 15,298.50 2 101.990 101.990 101.990 101.990 0.990 l DF26A 26,000 27,547.00 2 105.950 105.950 105.950 105.950 0.000 l EF27A 18,000 18,540.00 1 103.000 103.000 103.000 103.000 0.000 s GC21A 53,000 52,600.00 5 99.400 99.000 99.000 99.300 0.300 t MI22A 21,000 21,704.65 2 104.500 103.350 104.500 103.350 -1.150 s MM26A 47,000 49,264.40 3 105.000 104.490 104.490 105.000 2.490 s PC26A 22,900 23,615.50 2 103.190 103.000 103.000 103.190 0.190 t PT24A 4,700 4,887.53 1 103.990 103.990 103.990 103.990 -0.010 l SD27A 50,000 51,500.00 5 103.000 103.000 103.000 103.000 0.000 l VH24A 1,000 999.70 1 99.970 99.970 99.970 99.970 0.000 Market Summary as at 05/09/2017 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 66 Volume Traded ................................................................. 709,085 Value of € denominated securities .................................... 829,519.63 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 ........................ 2.090 -0.33% Medserv plc .................................. 1.335 0.00% FIMBank plc .................................. 0.760 0.00% Mapfre Middlesea plc .................... 1.880 0.00% GlobalCapital plc ........................... 0.400 0.00% MIDI plc ........................................ 0.310 0.00% GO plc ........................................... 3.570 0.00% Plaza Centres plc ........................... 1.040 0.00% Grand Harbour Marina plc ............. 0.894 0.00% RS2 Software plc............................ 1.780 0.00% HSBC Bank Malta plc ..................... 1.920 0.00% Simonds Farsons Cisk plc ............... 8.000 0.00% International Hotel Investments plc 0.610 0.00% Tigné Mall plc ................................ 0.975 0.00% Lombard Bank Malta plc ................ 2.200 -6.78% Pefaco International plc ................. 2.240 0.00% Malita Investments plc ................... 0.750 0.00% Santumas Shareholdings plc ......... 2.141 0.00% Malta International Airport plc ....... 4.210 0.24% Malta Properties Company plc ........ 0.510 0.00% MaltaPost plc ................................. 1.980 0.00% PG plc ........................................... 1.400 0.00% MSE Index Understanding the basics In exchange for cash, an investor can buy a proportion of a company – called a stock or share. If the company does well the share price will go up, and the shareholder can crystallise this gain by selling the share. If the company does badly the share price will fall, this is the risk of being a shareholder and having what is known as equity invest- ments. Companies with spare cash will often choose to reward loyal shareholders with a pay-out known as a dividend. Large cash-generative companies pay a regular dividend either once, twice or four times a year. If one company buys another, or sells off some assets it may pay a one-off special dividend. Investors can buy shares in companies that are listed on stock exchanges. These range from the largest companies in the world, known as mega caps, such as global technology stock Apple (AAPL) which has a market capitalisation of more than £850 billion, listed on the NASDAQ market, to grocery delivery company Ocado (OCDO) with a market cap of £1.9 billion which is listed on the growth stock market AIM. Generally speaking the larger the company the more stable the investment. These megacaps have survived several market cycles, have strong balance sheets and globally diversified revenue streams. They often pay out a share of their profits to investors in the form of dividends. However they do not offer the same potential for growth as smaller companies and so you should not expect much share price inflation. Not all companies are publicly available for investors. A sole proprietorship is a business owned by just one individual who has full liability. Private investors will not be able to buy shares in these companies and they are not listed on the stock market. These companies raise capital by other means. In general over the long term investing in equities offers better growth opportunities than investing in bonds. However, equity markets can be volatile and unlike bond yields, dividends are not a fixed income. There are also unforeseen variables investing in bonds; the departure of a key member of the board, commodity price fluctuations, even government initiatives, can all influence share prices. In fixed income investment your initial outlay is guaranteed to be repaid unless the issuer defaults, whereas shares can drop in value and investors can lose money. That is why it is important to conduct thorough research before making an equity investment. Exchanges Public companies are traded on exchanges around the world. In Malta, public companies are traded on the Malta Stock Exchange. In the US, major public companies are traded on the New York Stock Exchange and the NASDAQ. The FTSE 100 is an index that tracks the 100 largest companies that are traded on the London Stock Exchange. These are all considered to be large- cap companies because they have large market capitalisations. As the name would imply, the FTSE 350 index tracks the largest 350 companies that are traded on the London Stock Exchange. This includes the companies on the FTSE 100. Investing in Stocks Equity investors own a part of a listed company. In return for your cash, you gain voting rights to have a say in the way it is run, and a share of its profits