Issue link: https://maltatoday.uberflip.com/i/947253
maltatoday WEDNESDAY 28 FEBRUARY 2018 12 Business Today Market Summary as at 27/02/2018 Equity Official List Session State ................................................................... Market Closed Number of trades ........................................................... 114 Volume Traded ................................................................. 1,115,295 Value of € denominated securities .................................... 1,308,596.44 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 ........................ 1.830 0.55% Mapfre Middlesea plc .................... 1.850 0.00% FIMBank plc .................................. 0.620 0.00% MIDI plc ........................................ 0.340 0.00% GlobalCapital plc ........................... 0.380 0.00% Plaza Centres plc ........................... 1.010 0.00% GO plc ........................................... 3.540 0.00% RS2 Software plc............................ 1.290 0.00% Grand Harbour Marina plc ............. 0.730 0.00% Simonds Farsons Cisk plc ............... 7.000 -2.78% HSBC Bank Malta plc ..................... 1.900 0.00% Tigné Mall plc ................................ 1.010 0.00% International Hotel Investments plc 0.630 4.13% Pefaco International plc ................. 2.240 0.00% Lombard Bank Malta plc ................ 2.400 0.00% Santumas Shareholdings plc ......... 1.500 0.00% Malita Investments plc ................... 0.835 0.60% Malta Properties Company plc ........ 0.488 0.00% Malta International Airport plc ....... 4.940 0.41% PG plc ........................................... 1.350 0.00% MaltaPost plc ................................. 1.950 0.00% Trident Estates plc ......................... 1.910 0.00% Medserv plc .................................. 1.200 7.14% MSE Index Traders unfazed by Italy election • Investors brush off political risk as FTSE MIB outperforms • Lack of concern may cause violent reaction in negative outcome European equities breezed through uncertain outcomes of votes in Germany and the Neth- erlands last year. Now, most in- vestors are betting Italy's March 4 parliamentary vote won't be much different. Even as possible results of the vote include a hung parliament and a strong showing by the euro- skeptic Five Star Movement, investors don't seem to be panicking. They are encouraged by anti-establishment factions softening their anti-euro rhetoric and a new electoral law that steers parties toward building coalitions, threatening the Five Star's go-it-alone approach. Italy's FTSE MIB Index is up about 3.7 percent this year, despite a global market rout which has sent the Stoxx 600 down about 1.7 percent. Yet some caution that investors are getting too complacent. Natixis strategists including Sylvain Goyon wrote in a note that they have been "surprised" by the lack of concern, when "the probability of a nasty surprise is by no means zero." Natixis sees a 10 percent probability of a euro-skeptic coalition winning. This is generally viewed as the most negative possible scenario for equities, followed by a centre-right alliance led by the anti-immigration Northern League party. On the other hand, a grand coalition with former prime ministers Matteo Renzi's Democratic Party and Silvio Berlusconi's Forza Italia as the main factions is viewed as the most positive outcome, as they are seen widely continuing with the current pace of economic reforms. Still, many investors point to recent proof that the region's stocks are proving immune to volatile politics in the medium- to-long term. Germany's DAX Index climbed in the five weeks after votes for a right-wing party surged in the country's federal elections – and stocks were unfazed on the day of a sudden collapse in coalition talks the following month. Similarly, an inconclusive vote in the Netherlands didn't prevent Dutch stocks from soaring while the country was left without a government for the longest period since World War II. Regular market closed –27/02/2018 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change ● BOV 9,686 17,722.88 7 1.830 1.820 1.830 1.830 0.000 ▼ GO 9,395 32,882.50 4 3.500 3.500 3.500 3.500 -0.040 ▲ HSB 13,191 25,512.45 6 1.950 1.920 1.920 1.950 0.050 ▲ MDS 17,000 20,505.00 2 1.210 1.200 1.200 1.210 0.010 ● MIA 1,600 7,892.00 3 4.940 4.920 4.920 4.940 0.000 ▼ MLT 35,300 29,299.00 6 0.830 0.830 0.830 0.830 -0.005 ● PG 1,050 1,417.50 2 1.350 1.350 1.350 1.350 0.000 ● PZC 6,150 6,211.50 2 1.010 1.010 1.010 1.010 0.000 ▲ G21A 82,564 96,096.24 4 116.390 116.390 116.390 116.390 0.080 ▲ G22A 4,659 5,660.69 1 121.500 121.500 121.500 121.500 0.160 ▲ G28B 9,300 12,090.00 1 130.000 130.000 130.000 130.000 0.400 ▲ G30A 40,000 55,960.00 1 139.900 139.900 139.900 139.900 0.140 ▲ G31A 28,300 40,020.20 3 141.500 141.400 141.400 141.500 0.670 ▲ G32A 18,000 24,390.00 2 135.500 135.500 135.500 135.500 0.260 ▲ G33A 10,000 13,145.00 1 131.450 131.450 131.450 131.450 0.120 ▲ G34A 154,000 200,145.64 6 130.200 129.770 130.140 129.770 0.530 ▲ G35A 10,000 10,335.00 1 103.350 103.350 103.350 103.350 0.240 ▲ G36A 72,200 77,811.62 5 107.800 107.710 107.800 107.710 0.440 ▲ G39A 37,300 37,859.50 2 101.500 101.500 101.500 101.500 0.740 ▲ G40A 136,600 159,288.76 3 116.730 115.910 115.910 116.730 1.020 ▲ G41A 36,000 37,866.00 4 106.000 104.860 104.860 106.000 1.160 ▼ 1923A 10,000 10,499.00 1 104.990 104.990 104.990 104.990 -0.010 ▼ 6PM25 4,500 4,466.25 1 99.250 99.250 99.250 99.250 -0.250 ▲ BV19A 9,900 10,276.20 2 103.800 103.800 103.800 103.800 1.790 ▲ BV20A 2,400 2,468.40 1 102.850 102.850 102.850 102.850 0.090 ● BV30A 50,000 49,995.00 1 99.990 99.990 99.990 99.990 0.000 ● CF26A 10,000 10,399.70 3 104.000 103.990 103.990 104.000 0.000 ▼ EF27A 30,000 31,266.50 3 104.500 104.000 104.500 104.000 -0.800 ▲ GC21A 9,000 8,819.10 1 97.990 97.990 97.990 97.990 1.970 ● GF21A 7,000 7,262.50 1 103.750 103.750 103.750 103.750 0.000 ▲ GP23A 16,000 16,496.00 3 103.100 103.100 103.100 103.100 0.090 ● HP25A 2,200 2,310.00 1 105.000 105.000 105.000 105.000 0.000 ▲ IH23A 7,000 7,385.70 1 105.510 105.510 105.510 105.510 1.490 ▼ IH24 47,800 51,246.70 6 107.250 107.050 107.250 107.050 -0.010 ● IH26A 12,700 13,208.00 2 104.000 104.000 104.000 104.000 0.000 ▲ MB24A 10,000 10,475.00 2 104.750 104.750 104.750 104.750 0.700 ▲ MI22A 1,300 1,342.25 1 103.250 103.250 103.250 103.250 0.040 ● MS23A 13,000 13,975.00 2 107.500 107.500 107.500 107.500 0.000 ▼ PC26A 35,200 36,489.73 4 103.670 103.650 103.670 103.650 -0.010 ● ST27A 20,000 20,800.00 3 104.000 104.000 104.000 104.000 0.000 ▲ TI27A 6,300 6,558.93 2 104.110 104.110 104.110 104.110 0.040 ● VH24A 10,000 9,984.00 1 99.840 99.840 99.840 99.840 0.000 ● VR27A 68,700 70,761.00 6 103.000 103.000 103.000 103.000 0.000