Issue link: https://maltatoday.uberflip.com/i/898252
maltatoday WEDNESDAY 8 NOVEMBER 2017 12 Business Today Regular market closed – 7/11/2017 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change s BOV 120,169 214,021.95 40 1.880 1.750 1.798 1.880 0.100 l GO 3,092 10,976.60 3 3.550 3.550 3.550 3.550 0.000 t HSB 10,000 18,623.37 3 1.870 1.860 1.870 1.860 -0.010 l LOM 2,187 4,811.40 1 2.200 2.200 2.200 2.200 0.000 l MIA 2,480 11,606.40 2 4.680 4.680 4.680 4.680 0.000 t MLT 2,400 1,804.70 2 0.752 0.751 0.752 0.751 -0.001 t MMS 140 267.40 1 1.910 1.910 1.910 1.910 -0.010 l MPC 427 217.77 1 0.510 0.510 0.510 0.510 0.000 l PG 54,548 80,603.14 7 1.480 1.450 1.460 1.480 0.000 s RS2 800 1,247.20 1 1.559 1.559 1.559 1.559 0.004 l SFC 360 3,488.40 1 9.690 9.690 9.690 9.690 0.000 t G20B 5,000 5,574.50 1 111.490 111.490 111.490 111.490 -0.070 s G21A 86,319 102,460.65 4 118.700 118.700 118.700 118.700 0.010 t G28B 5,200 6,822.40 1 131.200 131.200 131.200 131.200 -1.600 l G29B 15,000 16,464.00 2 109.760 109.760 109.760 109.760 0.000 t G32B 12,000 16,254.00 1 135.450 135.450 135.450 135.450 -0.570 t G33A 23,000 31,017.80 2 134.860 134.860 134.860 134.860 -0.640 s G35A 45,000 47,252.00 3 105.020 105.000 105.000 105.020 0.020 s G36A 60,000 65,424.00 1 109.040 109.040 109.040 109.040 0.170 s G39A 639,300 649,612.49 46 101.800 101.530 101.550 101.800 0.100 t G40A 86,200 100,904.00 8 117.200 117.000 117.000 117.100 -0.150 t G41A 182,500 193,450.00 7 106.000 106.000 106.000 106.000 -0.100 s BV20A 6,000 6,153.00 1 102.550 102.550 102.550 102.550 0.030 t BV30A 25,000 25,000.00 1 100.000 100.000 100.000 100.000 -0.500 s BV30B 25,000 24,496.90 3 98.000 97.980 97.980 98.000 0.010 s GP23A 31,700 32,334.00 4 102.000 102.000 102.000 102.000 0.150 t HM24A 3,400 3,536.34 2 104.010 104.010 104.010 104.010 -0.090 l IH26A 10,000 10,278.00 1 102.780 102.780 102.780 102.780 0.000 s MB27A 47,000 48,155.90 2 102.470 102.450 102.450 102.470 1.470 l MD26A 5,900 6,047.50 1 102.500 102.500 102.500 102.500 0.000 t PT24A 20,000 20,600.00 1 103.000 103.000 103.000 103.000 -0.500 s ST27A 55,000 56,227.50 5 102.250 102.200 102.200 102.250 0.010 l VH24A 5,000 4,975.00 1 99.500 99.500 99.500 99.500 0.000 Market Summary as at 7/11/2017 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 160 Volume Traded ................................................................. 1,590,122 Value of € denominated securities .................................... 1,820,708.31 Value of US$ denominated securities ................................ 0.00 Value of GBP£ denomi nated securities .............................. 0.00 Current Index ................................................................... - Previous Index ................................................................. - Change in Index (%) ......................................................... - Bank of Valletta plc ........................ 1.880 5.62% Medserv pl .................................... 1.260 0.00% FIMBank plc .................................. 0.700 0.00% Mapfre Middlesea plc .................... 1.910 -0.52% GlobalCapital plc ........................... 0.357 0.00% MIDI plc ........................................ 0.320 0.00% GO plc ........................................... 3.550 0.00% Plaza Centres plc ........................... 1.109 0.00% Grand Harbour Marina plc ............. 0.726 0.00% RS2 Software plc............................ 1.559 0.26% HSBC Bank Malta plc ..................... 1.860 -0.53% Simonds Farsons Cisk plc ............... 9.690 0.00% International Hotel Investments plc 0.631 0.00% Tigné Mall plc ................................ 0.960 0.00% Lombard Bank Malta plc ................ 2.200 0.00% Pefaco International plc ................. 2.240 0.00% Malita Investments plc ................... 0.751 -0.13% Santumas Shareholdings plc ......... 2.250 0.00% Malta International Airport plc ....... 4.680 0.00% Malta Properties Company pl.......... 0.510 0.00% MaltaPost plc ................................. 2.079 0.00% PG plc ........................................... 1.480 0.00% MSE Index EU firms expected to abandon British suppliers post Brexit, survey shows A CIPS survey has found near- ly two thirds of EU businesses expect to move some of their supply chains out of the UK be- cause of Brexit. The survey of 1,118 supply chain managers in the UK and mainland Europe found that the number of EU firms planning to shift part of their supply chain out of Britain had risen from 44% in May to 63%. It also found that 40% of UK businesses were taking similar steps and looking to replace EU suppliers with British ones, up from 31% in May. The survey said the shift comes as Brexit negotiations appear to be deadlocked, with half of UK businesses saying they are becoming less confident that the UK and EU will secure a deal that offers "free and frictionless trade". Britain and the EU said last week that they were ready to speed up talks, but Gerry Walsh, CIPS group CEO, said it was already too late for the scores of UK businesses that look likely to be dropped by European customers. "British businesses simply cannot put their suppliers and customers on hold while negotiators get their act together," he said, adding, "While the TV cameras are fixed on Brussels, the deals which will determine the future prosperity of Britain and Europe are being struck behind closed doors in businesses large and small. "The lack of clarity coming from both sides is already shaping the British economy of the future— and it does not fill businesses with confidence." The uncertainty has meant that 20% of UK businesses with EU suppliers surveyed found it difficult to secure contracts that run after March 2019. Even with formal separation some time away, nearly one in 10 UK businesses said their organisations have already lost contracts as result of the Brexit decision. Walsh added that the success of the negotiations in Brussels should not be only measured on the final deal but on how quickly both sides could provide certainty. "The clock is ticking," he said. David Lowe, partner at law firm Gowling WLG, said with limited progress on Brexit negotiations businesses were assuming the UK would exit the single market and customs union. He stressed that for anyone trading across the UK border, it would mean incurring costs— in the form of tariffs and non-tariff barriers— and hassle. "That is good news for UK suppliers with UK customers but even with the devalued pound, this makes exporting to the EU challenging," he said. "Unless a UK supplier can show a compelling price advantage, EU customers will trend away from cost and disruption to non-UK suppliers." The survey, conducted in September and October, also found that a quarter of UK businesses with more than 250 employees had already spent at least £100,000 preparing their supply chain for the split. It said the costs came in addition to daily impact of currency fluctuation, with 64% of businesses stating that it had made their supply chains more expensive to manage.