Issue link: https://maltatoday.uberflip.com/i/990836
maltatoday | WEDNESDAY • 6 JUNE 2018 12 BUSINESS Market Summary as at 4/06/2018 Equity Official List Session State ................................................................... Market Closed Trading Date .................................................................... 4-June-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 ● BOV 2,620 4,571.90 2 1.745 1.745 1.745 1.745 0.000 ▼ HSB 36,652 62,559.33 10 1.720 1.700 1.720 1.700 -0.020 ● IHI 11,000 6,930.00 3 0.630 0.630 0.630 0.630 0.000 ▲ MDS 11,000 11,550.00 2 1.050 1.050 1.050 1.050 0.050 ▼ MIA 8,260 40,804.40 3 4.940 4.940 4.940 4.940 -0.020 ▲ PG 35,625 46,200.00 3 1.310 1.280 1.280 1.310 0.030 ▼ RS2 5,271 6,098.65 4 1.160 1.140 1.160 1.140 -0.030 ● SFC 925 6,058.75 2 6.550 6.550 6.550 6.550 0.000 ● TRI 26,912 35,494.72 5 1.390 1.310 1.310 1.390 0.000 ▲ G20A 1,500 1,657.65 1 110.510 110.510 110.510 110.510 0.010 ▼ G21A 18,636 21,512.12 3 115.510 115.360 115.500 115.360 -0.120 ▼ G22A 26,789 32,235.43 5 120.620 119.890 120.600 119.890 -0.210 ▼ G28B 1,700 2,208.13 1 129.890 129.890 129.890 129.890 -0.490 ▼ G32A 7,000 9,552.20 2 136.460 136.460 136.460 136.460 -0.400 ▼ G32B 32,000 42,700.80 1 133.440 133.440 133.440 133.440 -1.050 ▲ G34A 38,000 49,764.80 3 130.960 130.960 130.960 130.960 0.540 ▼ G36A 10,000 10,776.00 1 107.760 107.760 107.760 107.760 -0.810 ▼ G39A 4,000 4,020.00 1 100.500 100.500 100.500 100.500 -0.200 ▲ G40A 11,700 13,677.30 1 116.900 116.900 116.900 116.900 0.560 ▼ G41A 2,884,500 3,046,563.90 3 105.620 105.170 105.620 105.170 -0.980 ● BV19A 4,000 4,100.00 1 102.500 102.500 102.500 102.500 0.000 ▲ BV19B 31,400 31,918.00 6 102.500 101.500 101.510 102.500 1.000 ● BV30B 34,500 34,500.00 4 100.000 100.000 100.000 100.000 0.000 ▲ BX27A 6,000 6,093.00 1 101.550 101.550 101.550 101.550 0.550 ▲ EF27A 62,000 64,498.60 2 104.040 104.020 104.020 104.040 0.240 ▲ GC21A 2,100 2,095.17 1 99.770 99.770 99.770 99.770 0.020 ▲ HM24A 1,300 1,391.78 1 107.060 107.060 107.060 107.060 0.060 ● IH26A 3,100 3,224.00 2 104.000 104.000 104.000 104.000 0.000 ▲ MD26A 1,700 1,785.68 1 105.040 105.040 105.040 105.040 0.140 ▼ PC26A 3,200 3,344.32 1 104.510 104.510 104.510 104.510 -0.440 ● PG22A 4,000 4,424.00 1 110.600 110.600 110.600 110.600 0.000 ▲ VH24A 87,000 87,905.00 6 101.500 100.500 101.000 101.500 0.490 UK Cabinet approves new Heathrow runway plan CONTROVERSIAL plans for a third runway at Heathrow Airport have been approved by the UK Cabinet, amid warnings that further delays would make the government look "indecisive". The £14 billion expansion of Brit- ain's premier airport became official Government policy during two key meetings of ministers in Downing Street yesterday. The government's economic sub- committee, chaired by Prime Min- ister Theresa May, backed the plans which were then approved by her full cabinet. Transport Secretary Chris Grayling said it was a "historic moment" and that it would allow London to "hit new heights", connect with new mar- kets and cement the nations of the United Kingdom closer together. Announcing £2.6bn in compensa- tion for residents and noise abate- ment measures he said it would only proceed if air quality obligations were met. "The time for action is now," he told MPs, insisting the decision was be- ing taken in the national interest and would benefit the whole of the UK - with 15% of new landing slots "facili- tating" regional connectivity. Grayling insisted the scheme would be funded entirely by the private sec- tor and while the expansion was a "number of years away", he believed it could be concluded by 2026. However, the decision still needs to be backed by a vote of MPs later this month, for a final go-ahead of the plans to increase the number of flights to more than 700,000 a year at Europe's busiest airport by 2030. So far, the idea of an expansion has been backed by the Conservatives, as ministers approved a draft national airports policy statement last Octo- ber. Parliament is yet to give its ap- proval for the detailed planning to begin. Former transport secretary Justine Greening became the first senior Conservative to say she would defy a three-line whip if necessary to oppose the scheme, which will increase noise in her Putney constituency. Opponents have threatened a legal challenge while Boris Johnson, who is MP for Uxbridge and South Ruislip in west London, has vowed to "lie down in front of bulldozers" to prevent it. However, the former head of the Airports Commission, which recom- mended the third runway in a 2015 report, served a warning that the Government should push ahead now or look weak. Approval for the Airports National Policy Statement in Parliament will mean the scheme has outline plan- ning permission. A third runway would mean more than a quarter of a million new flights straight into Heathrow each year, strengthening Britain's links with countries around the world, thus connecting the UK with emerging markets and bringing jobs and invest- ment. AS announced by the Min- ister for Finance in the last Budget and following the strong paraticipation in last year's 62+ Savings Bond issue, the Government is launching another 62+ Malta Government Savings Bond for all individuals born in 1956 or before. This issuance is being re- launched in the light of the persistent low fixed deposit interest rates offered by commercial banks which continued to affect nega- tively the pensioners who are experiencing a substantial decrease in their additional income derived from past savings. It was mainly for this rea- son that in this year's budg- et, the govenment decided to re-issue the 62+ Savings Bond, offering an attractive rate higher than that of- fered by the market, target- ing individuals born in the year 1956 or before, who are mainly made up of persons on a retirement pension, to improve their income. Similar to last year's issu- ance, this savings bond is going to be re-offered at the avantageous interest rate of 3% per annum fixed for five years, which is much higher than the interest rate cur- rently being offered in the market. Every eligible indi- vidual may invest a mini- mum sum of €500 up to a maximum of €8,000. The investment shall be fixed for five years and shall not be ne- gotiable on the Malta Stock Exchange and cannot be transferred to any other indi- vidual. The bond is intended to be held to maturity, that is until the year 2023. Yet an individual can encash the full amount invested before its maturity date, subject to a penalty equivalent to three months' interest, if the need arises. Preference will be given to new eligible applicants made up of (i) individuals born in 1956 and (ii) individuals born before 1956 who were eligi- ble to apply in last year's issu- ance but did not participate for any reason whatsoever. After the bonds are allotted to these new applicants, the remaining amount available for allocation (if any) will be allocated among last year's applicants who re-applied again in this this issuance and whose name appear on the register of the 62+ Sav- ings Bonds on the 7th May 2018, in accordance with the discretion of the Accountant General. The interest on this bond shall be paid semi-annually in arrears on the 19th June and 19th December during the tenor of the bond (unless it is encashed before). The resident eligible individual investing in the 62+ Malta Government Savings Bond – Issue 2018 can opt to re- ceive the interest net of tax (FWT) or gross and declare the gross investment income in the income tax return. Applications for the 62+ Malta Government Bond – Issue 2018 shall open at 8:30am on Monday 11th June 2018 and close at 5:00pm on Tuesday 12th June 2018, or earlier at the discretion of the Accountant General. Those who are in- terested to subscribe in this Bond must complete the ap- plication and lodge it at the authorised Financial Institu- tions or authorised Invest- ment Service Providers. Further information can be obtained from the Prospec- tus, which can be download- ed from the Treasury De- partment's website at www. treasury.gov.mt or by phone on 2596-7125. New issuance of the 62+ Malta Government Savings Bond – 2018