Issue link: https://maltatoday.uberflip.com/i/905944
maltatoday WEDNESDAY 22 NOVEMBER 2017 12 Business Today Regular market closed –21/11/2017 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change s BOV 78,326 141,673.85 25 1.845 1.800 1.806 1.811 0.001 l GO 67,000 241,210.44 7 3.620 3.600 3.600 3.600 0.000 s HSB 35,889 67,029.43 4 1.873 1.861 1.861 1.873 0.012 l IHI 1,018 631.16 1 0.620 0.620 0.620 0.620 0.000 l LOM 551 1,212.20 1 2.200 2.200 2.200 2.200 0.000 l MDI 120,000 39,600.00 5 0.330 0.330 0.330 0.330 0.000 t MIA 2,190 10,030.20 2 4.580 4.580 4.580 4.580 -0.040 l MLT 12,100 9,087.10 2 0.751 0.751 0.751 0.751 0.000 t PG 2,200 3,190.00 3 1.450 1.450 1.450 1.450 -0.030 l PZC 5,000 5,055.00 1 1.011 1.011 1.011 1.011 0.009 t SFC 1,506 13,192.56 3 8.760 8.760 8.760 8.760 -0.140 s G21A 19,045 22,549.28 1 118.400 118.400 118.400 118.400 -0.030 t G28A 21,000 28,389.00 2 135.390 135.000 135.000 135.390 0.450 t G28B 64,000 85,079.00 5 133.000 132.590 132.590 133.000 0.600 s G30A 10,000 14,319.50 2 143.340 143.050 143.050 143.340 0.630 s G31A 12,000 17,272.80 1 143.940 143.940 143.940 143.940 0.760 s G32A 9,000 12,397.50 1 137.750 137.750 137.750 137.750 0.020 s G32B 10,000 13,534.00 1 135.340 135.340 135.340 135.340 -0.120 s G34A 16,000 21,240.00 2 132.750 132.750 132.750 132.750 0.490 t G36A 151,300 164,955.90 5 109.200 108.470 108.470 109.200 0.730 s G39A 194,900 197,650.37 15 101.500 100.700 100.750 101.390 0.690 s G40A 70,600 82,353.40 6 116.860 116.220 116.220 116.860 0.640 s G41A 128,500 136,197.60 10 106.000 105.690 105.690 106.000 1.030 l BV19A 10,000 10,175.00 1 101.750 101.750 101.750 101.750 0.000 s BV19B 24,800 24,869.44 1 100.280 100.280 100.280 100.280 0.020 s EF27A 8,000 8,239.60 3 103.000 102.990 102.990 103.000 0.010 s HB18A 5,000 5,051.00 1 101.020 101.020 101.020 101.020 0.020 l HP25A 3,600 3,760.20 1 104.450 104.450 104.450 104.450 0.000 l IH23A 11,000 11,552.20 1 105.020 105.020 105.020 105.020 0.000 l IH26A 12,400 12,712.48 2 102.520 102.520 102.520 102.520 0.000 s MB27A 34,000 34,966.00 2 103.000 102.400 102.400 103.000 0.600 l MD26A 4,500 4,612.50 1 102.500 102.500 102.500 102.500 0.000 l MF24A 10,000 10,651.00 1 106.510 106.510 106.510 106.510 0.000 s MI20A 5,000 5,225.00 1 104.500 104.500 104.500 104.500 1.000 l MI22A 15,000 15,525.00 1 103.500 103.500 103.500 103.500 0.000 l MS26A 16,000 16,563.20 3 103.520 103.520 103.520 103.520 0.000 t PC26A 29,400 30,254.88 3 102.920 102.900 102.920 102.900 -0.020 t PT24A 22,000 22,657.80 1 102.990 102.990 102.990 102.990 -0.010 t SD27A 10,000 10,350.00 1 103.500 103.500 103.500 103.500 -0.210 s ST27A 75,000 76,816.25 10 102.750 102.000 102.000 102.500 0.500 l TI27A 9,200 9,614.00 2 104.500 104.500 104.500 104.500 0.000 s VH24A 24,000 23,878.20 4 99.500 99.490 99.490 99.500 0.010 Market Summary as at 21/11/2017 Equity Official List Session State ................................................................... Market Closed Number of trades ............................................................. 145 Volume Traded ................................................................. 1,361,025 Value of € denominated securities .................................... 1,665,324.04 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 ........................ 1.810 0.56% Medserv plc .................................. 1.265 0.00% FIMBank plc .................................. 0.600 0.00% Mapfre Middlesea plc .................... 1.816 -4.42% GlobalCapital plc ........................... 0.340 -4.76% MIDI plc ........................................ 0.330 1.54% GO plc ........................................... 3.600 0.00% Plaza Centres plc ........................... 1.002 0.00% Grand Harbour Marina plc ............. 0.726 0.00% RS2 Software plc............................ 1.550 0.00% HSBC Bank Malta plc ..................... 1.861 0.05% Simonds Farsons Cisk plc ............... 8.900 1.60% International Hotel Investments plc 0.620 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 0.00% Santumas Shareholdings plc ......... 2.250 0.00% Malta International Airport plc ....... 4.620 0.00% Malta Properties Company plc ........ 0.507 0.00% MaltaPost plc ................................. 2.079 0.00% PG plc ........................................... 1.480 0.00% MSE Index 92% of European businesses unprepared for EU's General Data Protection Regulation Businesses across Europe are unprepared for the EU's Gen- eral Data Protection Regula- tion (GDPR), which comes into law in May 2018, accord- ing to new research conducted for RSM, the 6th largest audit, tax and consulting network, by the European Business Awards. The survey, com- pleted by 400 of Europe's suc- cessful business leaders, asked about their preparedness for GDPR and how the new regu- lation will impact their opera- tions. Less than eight months before the new regulation comes into effect, only 8% of businesses are ready for GDPR, and have made the necessary changes to be compliant with the regulation. Meanwhile, one in four business leaders (28%) are completely unaware of the regulation they will have to adhere to. Worryingly, 26% of business leaders familiar with their GDPR strategy, admit their organisation will not be compliant by the May 2018 deadline. Businesses that fail to comply before the deadline could face fines of up to 4% of global turnover or 20 million euros, whichever is higher. The process of preparing for GDPR is already impacting business operations. The survey highlights that a concerning number of businesses are cutting back in other areas, including plans to create innovative new products (23%) or to fuel growth through international expansion (22%). Jean Stephens, CEO, RSM, said that the firm had noted an increase in clients asking about GDPR consulting services, but noted it was clear from the research that many businesses did not fully comprehend the hurdles they would have to overcome ahead of the fast- approaching deadline. "Business leaders need to understand that this is not a simple tick-box exercise," he said. "They will likely need to implement significant changes that could impact their organisation as a whole and so the sooner they begin to prepare, the better." Commenting about this new regulation RSM Malta's managing partner, Maria Micallef said that local firms needed to inform themselves on how the GDPR will impact their businesses in order to have sufficient time to address the necessary compliance gaps and issues that such a complex regulation would bring about. "Furthermore, business leaders need to look into the possibility of updating and introducing new processes and raising awareness across employees handling personal data," she said. The complexity of the GDPR regulation is starting to weigh on European businesses. Of those that are looking at the regulation, 51% believe it is too complicated for SMEs and middle market businesses. Two out of five companies (41% of those involved in or aware of their organisation's strategy) believe the requirements of the GDPR regulation will significantly increase their business expenditure, including spending on consulting services. The use of external expertise is increasingly prevalent, with 60% of businesses looking for external support in order to deliver their compliance project before the May 2018 deadline. Despite the complexity of the regulation, businesses do appreciate the necessity of GDPR. Business leaders across Europe support the changes with the majority (52%) agreeing that regulation to monitor the use of personal data is necessary. Adrian Tripp, CEO, European Business Awards said that while most European businesses supported the need for change around personal data, it was clear that many firms were either finding the GDPR regulations challenging, or were unaware of the requirements to them. "As the clock is ticking it is important these businesses review the legislation, seek help if needed, or risk facing large scale fines next year," he said. The European Business Awards is the largest cross sector business competition in Europe. Its primary purpose is to support the development of a stronger and more successful business community. RSM is currently advising companies on GDPR planning and compliance. Information can be found on its GDPR webpage www. rsm.global/gdpr or firms can hear from its experts direct and register for RSM's GDPR webinar on 30 November 2017 at 12.30GMT. • 28% of business leaders unfamiliar with the new regulation they will need to adhere to, in less than a year • Over half (51%) believe regulation is too complex for SMEs and middle market businesses, but agree that increased regulation around the use of personal data is necessary Businesses that fail to comply before deadline could face fines of up to 4% of global turnover or 20 million euros, whichever is higher