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time low. The equity recorded a 0.4 per cent fall in January.
The oil and gas logistics services provider Medserv plc (MDS) registered a 3.2 per cent
decrease in its share price, having partially reversed the previous week’s 6.9 per cent rally.
The equity witnessed three deals of 11,400 shares, closing €0.04 lower at €1.20. MDS
recorded a 2.3 per cent loss last month.
International Hotel Investments plc shares increased by 3.2 per cent as one transaction of
600 shares was concluded, closing at €0.64.
PG plc shares swayed between a weekly high of €1.39 and a 27-week low of €1.34, to
ultimately close at €1.35. The retail and supermarkets owner’s equity dropped by €0.04 or
2.9 per cent as 19,100 shares changed ownership over eight trades.
RS2 Software plc (RS2) shares extended their on-going losing streak having closed in the
red for the fifth consecutive week. The I.T. equity fell by €0.03 or 2.1 per cent across 16
deals of 48,670 shares, closing at €1.40. RS2 shares recorded a 5.8 per cent decline last
month.
In the corporate bond market turnover amounted to €1.5 million spread across 32 issues of
which 15 appreciated and 11 fell. The 4.25% Corinthia Finance plc Unsecured € 2026 was
the top performer and the most liquid issue having advanced by 1.4 per cent and witnessed
a turnover worth €264,386, to close at €103.98. Meanwhile, the 5% GlobalCapital plc
Unsecured € 2021 headed the list of fallers having slipped by 1.9 per cent, closing at
€97.50.
Negative sentiment prevailed in the sovereign debt market as of the 23 active issues, 21 fell
and two closed unchanged. The 2.5% MGS 2036 (I) was the worst performer having
declined by 1.2 per cent, closing at €107.85. The non-movers were the 4.6% MGS 2020 (II)
and the 2.1% MGS 2039 (I) r, having closed at €110 and €102 respectively.
The 3% MGS 2040 (I) was the most liquid issue having witnessed a turnover of €757,941,
closing 0.4% lower at €116.51.
This article which was compiled by Jesmond Mizzi Financial Advisors Limited, does not
intend to give investment advice and the contents therein should not be construed as such.
The Company is licensed to conduct investment services by the MFSA and is a Member of
the Malta Stock Exchange and a member of the Atlas Group. The directors or related
parties, including the company, and their clients are likely to have an interest in securities
mentioned in this article.For further information contact Jesmond Mizzi Financial Advisors
Limited at 67, Level 3, South Street, Valletta, or on Tel: 21224410, or email [email protected]
.
http://www.jesmondmizzi.com/