Issue link: https://maltatoday.uberflip.com/i/998504
maltatoday | WEDNESDAY • 27 JUNE 2018 12 BUSINESS Market Summary as at 26/06/2018 Equity Official List Session State ................................................................... Market Closed Trading Date .................................................................... 26-June-2018 Number of Trades ............................................................. 116 Turnover ......................................................................... €1,331,954.66 MSE TRX Index ................................................................. 8,647..099 (Change: 0.240%) Bank of Valletta plc ....................... 1.730 -0.86% Mapfre Middlesea plc .................... 1.940 0.00% FIMBank plc .................................. 0.520 0.00% MIDI plc ........................................ 0.460 2.22% GlobalCapital plc ........................... 0.290 0.00% Plaza Centres plc ........................... 1.040 -2.80% GO plc ........................................... 3.420 0.00% RS2 Software plc ........................... 1.250 0.00% Grand Harbour Marina plc ............. 0.750 0.00% Simonds Farsons Cisk plc .............. 6.900 2.22% HSBC Bank Malta plc ..................... 1.820 0.00% Tigné Mall plc................................ 0.950 0.00% International Hotel Investments plc 0.680 0.00% Pefaco International plc ................ 2.240 0.00% Lombard Bank Malta plc ................ 2.280 0.00% Santumas Shareholdings plc ......... 1.320 0.00% Malita Investments plc................... 0.875 2.34% Malta Properties Company plc ....... 0.520 0.00% Malta International Airport plc ....... 4.980 3.32% PG plc ........................................... 1.320 0.00% MaltaPost plc ................................ 1.700 0.00% Trident Estates plc ......................... 1.270 -3.05% Medserv plc .................................. 1.000 0.00% Main Street Complex plc ................ 0.675 0.00% MSE Index Regular market closed –26/06/2018 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change t BOV 26,060 45,272.72 7 1.740 1.730 1.740 1.730 -0.015 l HSB 18,968 34,681.44 5 1.830 1.820 1.830 1.820 0.000 l IHI 29,100 19,788.00 3 0.680 0.680 0.680 0.680 0.000 l LOM 8,319 18,967.32 1 2.280 2.280 2.280 2.280 0.000 s MDI 15,518 6,998.28 4 0.460 0.450 0.460 0.460 0.010 s MIA 2,685 13,238.30 4 4.980 4.900 4.980 4.980 0.160 s MLT 90,847 78,683.66 3 0.875 0.860 0.860 0.875 0.020 t PZC 2,000 2,080.00 1 1.040 1.040 1.040 1.040 -0.030 s SFC 1,400 9,660.00 3 6.900 6.900 6.900 6.900 0.150 l TML 10,000 9,500.00 1 0.950 0.950 0.950 0.950 0.000 t TRI 1,400 1,778.00 1 1.270 1.270 1.270 1.270 -0.040 t G20B 30,000 32,532.00 2 108.440 108.440 108.440 108.440 -0.040 t G22B 50,000 57,790.00 5 115.580 115.580 115.580 115.580 -0.140 t G28B 12,000 15,595.20 3 129.960 129.960 129.960 129.960 -0.360 t G29A 148,000 203,502.40 4 137.580 137.480 137.580 137.480 -0.560 t G30A 27,200 38,259.52 1 140.660 140.660 140.660 140.660 -0.390 t G32A 5,000 6,823.00 1 136.460 136.460 136.460 136.460 -0.530 t G32B 8,000 10,704.00 2 133.800 133.800 133.800 133.800 -0.630 t G34A 30,000 39,216.00 2 130.720 130.720 130.720 130.720 -0.520 t G35A 26,000 27,008.80 3 103.880 103.880 103.880 103.880 -0.690 t G39A 67,000 67,543.40 4 100.920 100.500 100.920 100.500 -0.390 t G40A 20,000 23,182.00 3 115.910 115.910 115.910 115.910 -0.590 t 1923A 12,900 13,288.29 1 103.010 103.010 103.010 103.010 -0.980 l AX24A 2,000 2,230.00 1 111.500 111.500 111.500 111.500 0.000 l BV18A 10,500 10,500.00 2 100.000 100.000 100.000 100.000 0.000 s BV19B 23,600 24,056.72 2 102.500 101.520 102.500 101.520 0.010 t BV30A 64,000 64,605.00 3 101.000 100.750 101.000 100.750 -0.250 s BV30B 64,000 63,177.00 2 98.900 98.550 98.550 98.900 0.350 s DF26A 3,000 3,151.50 1 105.050 105.050 105.050 105.050 0.040 s EF27A 5,000 5,210.00 1 104.200 104.200 104.200 104.200 0.090 s GC21A 10,700 10,897.95 1 101.850 101.850 101.850 101.850 1.750 l GP23A 14,000 14,420.00 3 103.000 103.000 103.000 103.000 0.000 l HB18A 1,900 1,909.50 1 100.500 100.500 100.500 100.500 0.000 l HM24A 20,000 21,412.00 1 107.060 107.060 107.060 107.060 0.000 l HP25A 17,100 17,784.00 4 104.000 104.000 104.000 104.000 0.000 t IH21A 12,800 13,120.00 1 102.500 102.500 102.500 102.500 -3.200 l IH24A 4,000 4,373.20 1 109.330 109.330 109.330 109.330 0.000 s IH26A 10,000 10,360.00 5 104.000 103.500 103.500 104.000 0.500 s MD26A 14,500 15,138.00 1 104.400 104.400 104.400 104.400 0.400 l MF24A 23,200 25,172.00 3 108.500 108.500 108.500 108.500 0.000 l MI22A 900 913.50 1 101.500 101.500 101.500 101.500 0.000 s MS23A 1,600 1,636.00 1 102.250 102.250 102.250 102.250 0.250 t PC26A 63,100 64,797.96 6 103.250 102.490 103.250 102.490 -0.010 t PG20A 12,000 12,360.00 2 103.000 103.000 103.000 103.000 -2.900 l SD27A 19,900 20,795.50 2 104.500 104.500 104.500 104.500 0.000 l ST27A 61,400 63,856.00 3 104.000 104.000 104.000 104.000 0.000 s VR27A 81,000 83,986.50 4 103.750 103.500 103.500 103.750 0.450 EU report rules in favour of central bank-backed digital currencies CENTRAL bank digital cur- rencies could pave the way for a more stable financial system, suggests a report prepared for the European Parliament's Economic and Monetary Affairs Committee. While the paper concludes that cryptocurrencies such as bitcoin could not supplant traditional currencies to any significant degree due to scal- ability limitations, it opens out the prospect of central- bank backed digital coins as an alternative to the current fractional reserve banking system. Acknowledging that such a move would encourage con- sumers to switch their ac- counts away from traditional lenders and instead hold de- posits in the new digital cur- rency accounts, the report suggests that might not be such a bad thing. "To avoid recurrent insta- bility of the banking system, commercial banks would need to come up with more reliable funding sources than deposits," states the paper. "As the fractional reserve character of the current banking system can be a ma- jor source of instability, such a disruptive change is not necessarily a bad develop- ment, but could finally pave the way for a more stable fi- nancial system." The report is at odds with guidance issued by the bank for International Settlements, which argues that central banks should steer clear of developing their own digital currencies, billing the devel- opment as a move into un- chartered waters with poten- tially serious implication for monetary policy and financial stability. Changing of the guard at Enemalta plc KEVIN Chircop and Sheng Baojie are the new Chairman and Deputy Chairman of En- emalta plc. The appointments were an- nounced yesterday during the Company's annual general meeting. Outgoing Chairman Ing. Fredrick Azzopardi, who also served as Chief Execu- tive Officer between January and August 2014 and Execu- tive Chairman between Au- gust 2014 and December 2017, asked not to be reappointed to be able to focus on new respon- sibilities in another sector. The new chairman has been a member of the Enemalta plc Board of Directors since 2014. He was also part of the Compa- ny's administration, in the post of Executive Director Business Strategy and Projects, between 2014 and 2015, before being appointed Executive Chairman of Enemed Co. Ltd. Sheng, the new deputy chairman has con- tributed to Enemalta's strate- gic partnership with Shanghai Electric Power since its incep- tion in 2013. As part of this ongoing collaboration, he is also the Chairman of Shanghai Electric Power Malta.