Issue link: https://maltatoday.uberflip.com/i/987872
maltatoday | WEDNESDAY • 30 MAY 2018 12 BUSINESS Market Summary as at 29/05/2018 Equity Official List Session State ................................................................... Market Closed Trading Date .................................................................... 29-May-2018 Number of Trades ............................................................. 83 Turnover ......................................................................... €3,700,215.63 MSE TRX Index ................................................................. 8,463.110 (Change: -0.193%) Bank of Valletta plc ....................... 1.745 0.00% Mapfre Middlesea plc .................... 2.040 0.00% FIMBank plc .................................. 0.520 0.00% MIDI plc ........................................ 0.440 0.00% GlobalCapital plc ........................... 0.320 0.00% Plaza Centres plc ........................... 1.040 0.00% GO plc ........................................... 3.400 0.00% RS2 Software plc ........................... 1.140 -2.56% Grand Harbour Marina plc ............. 0.750 0.00% Simonds Farsons Cisk plc .............. 6.550 0.00% HSBC Bank Malta plc ..................... 1.700 -1.16% Tigné Mall plc................................ 0.960 0.00% International Hotel Investments plc 0.630 0.00% Pefaco International plc ................ 2.240 0.00% Lombard Bank Malta plc ................ 2.300 0.00% Santumas Shareholdings plc ......... 1.500 0.00% Malita Investments plc................... 0.840 0.00% Malta Properties Company plc ....... 0.550 0.00% Malta International Airport plc ....... 4.940 -0.40% PG plc ........................................... 1.310 2.34% MaltaPost plc ................................ 1.800 0.00% Trident Estates plc ......................... 1.390 0.00% Medserv plc .................................. 1.050 5.00% MSE Index Regular market closed –29/05/2018 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change l BOV 2,620 4,571.90 2 1.745 1.745 1.745 1.745 0.000 t HSB 36,652 62,559.33 10 1.720 1.700 1.720 1.700 -0.020 l IHI 11,000 6,930.00 3 0.630 0.630 0.630 0.630 0.000 s MDS 11,000 11,550.00 2 1.050 1.050 1.050 1.050 0.050 t MIA 8,260 40,804.40 3 4.940 4.940 4.940 4.940 -0.020 s PG 35,625 46,200.00 3 1.310 1.280 1.280 1.310 0.030 t RS2 5,271 6,098.65 4 1.160 1.140 1.160 1.140 -0.030 l SFC 925 6,058.75 2 6.550 6.550 6.550 6.550 0.000 l TRI 26,912 35,494.72 5 1.390 1.310 1.310 1.390 0.000 s G20A 1,500 1,657.65 1 110.510 110.510 110.510 110.510 0.010 t G21A 18,636 21,512.12 3 115.510 115.360 115.500 115.360 -0.120 t G22A 26,789 32,235.43 5 120.620 119.890 120.600 119.890 -0.210 t G28B 1,700 2,208.13 1 129.890 129.890 129.890 129.890 -0.490 t G32A 7,000 9,552.20 2 136.460 136.460 136.460 136.460 -0.400 t G32B 32,000 42,700.80 1 133.440 133.440 133.440 133.440 -1.050 s G34A 38,000 49,764.80 3 130.960 130.960 130.960 130.960 0.540 t G36A 10,000 10,776.00 1 107.760 107.760 107.760 107.760 -0.810 t G39A 4,000 4,020.00 1 100.500 100.500 100.500 100.500 -0.200 s G40A 11,700 13,677.30 1 116.900 116.900 116.900 116.900 0.560 t G41A 2,884,500 3,046,563.90 3 105.620 105.170 105.620 105.170 -0.980 l BV19A 4,000 4,100.00 1 102.500 102.500 102.500 102.500 0.000 s BV19B 31,400 31,918.00 6 102.500 101.500 101.510 102.500 1.000 l BV30B 34,500 34,500.00 4 100.000 100.000 100.000 100.000 0.000 s BX27A 6,000 6,093.00 1 101.550 101.550 101.550 101.550 0.550 s EF27A 62,000 64,498.60 2 104.040 104.020 104.020 104.040 0.240 s GC21A 2,100 2,095.17 1 99.770 99.770 99.770 99.770 0.020 s HM24A 1,300 1,391.78 1 107.060 107.060 107.060 107.060 0.060 l IH26A 3,100 3,224.00 2 104.000 104.000 104.000 104.000 0.000 s MD26A 1,700 1,785.68 1 105.040 105.040 105.040 105.040 0.140 t PC26A 3,200 3,344.32 1 104.510 104.510 104.510 104.510 -0.440 l PG22A 4,000 4,424.00 1 110.600 110.600 110.600 110.600 0.000 s VH24A 87,000 87,905.00 6 101.500 100.500 101.000 101.500 0.490 European shares slide as Italian crisis reignites euro break-up fears European shares tumbled for a second day yesterday as investors took fright over a renewed risk of the eurozone breaking up with Italy heading toward a repeat election which could become a proxy referendum on its euro membership ITALY'S main stock index ex- tended early losses to sink to a 10-month low, down 3 percent, by 8.40am GMT yesterday. Bank shares slumped another 4.8 percent to a fresh 13-month low, bruised by a sell-off in Ital- ian government bonds, a core part of the banks' portfolios. The index was set for its worst daily loss in 21 months as trade in some banks was halted due to excessive losses. The head of Italy's central bank said any move to weaken the country's public finances could undermine confidence and years of valuable reforms. Italy's President set the coun- try on a path to fresh elections on Monday, appointing a for- mer International Monetary Fund official as interim prime minister with the task of plan- ning for snap polls and passing the next budget. After inconclusive elections in March, two anti-establishment parties dropped a coalition plan at the weekend after the Presi- dent vetoed their choice of a eurosceptic to become econo- my minister. Investors feared a polarising election campaign which could deliver a deeply eurosceptic government, threatening the bloc's cohesion. "Italian politi- cal risk is delayed rather than resolved," said UBS's chief in- vestment office. Intesa Sanpaolo, BPER Banca, Unicredit and UBI Banca fell sharply, down 4.4 to 5.8 per- cent, while Poste Italiane also tumbled 5.7 percent. "Banks with lower sovereign exposure, lower NPL (non-per- forming loan) stock and higher profitability seem more defen- sive in this environment (like Intesa Sanpaolo, Mediobanca, Fineco) versus the mid-cap banks (which are more vulner- able given higher sovereign ex- posure, higher NPLs stock and lower profitability)," said Citi analysts. Intesa, Unicredit, Banco BPM, UBI Banca, BPER Banca and Mediobanca together have a total of 166.6 billion euros ($192 billion) exposure to Ital- ian sovereign debt, according to Citi calculations. The reawakened anxie- ties caused Sentix's eurozone break-up index to climb to its highest since April 2017, when investors feared a eurosceptic Le Pen presidency in France. The pan-European STOXX 600 fell 1.6 percent, with banks the worst-performing. The eu- ro zone's banks index sank 4.3 percent and was on track for its biggest monthly drop since the Brexit vote in June 2016. The stress in Italy spread to other peripheral eurozone markets, with Spanish and Por- tuguese bank stocks firmly in the firing line. Banco Comercial Portugues fell 6.7 percent, while Spain's Santander and Sabadell led the IBEX down with 5.9 and 6 per- cent drops. Spanish stocks slid 2.9 percent while Portugal fell 2.7 percent. JP Morgan analysts repeated their earlier call for investors to move out of Italian equities and into Germany. German Bunds have been acting as a safe ha- ven for investors, with yields on the eurozone benchmark bond falling, but Germany's DAX was still shedding 1.8 percent as investors fled risky assets. Outside of politics-driven moves, British retailer Dixons Carphone plunged 21 percent after a profit warning. The new chief executive said the com- pany needed to close stores at a time of a contracting UK elec- trical market. The Milan stock exchange building in downtown Milan