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BUSINESSTODAY 10 February 2022

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10.2.2022 6 MARKETS Symbol Volume Value Trades High Low Open Closing Change Code Traded Traded Trades Price Price Price Price EQUITIES BMIT 593 285.83 1 0.482 0.482 0.482 0.482 0.000 BOV 309,560 247,775.00 28 0.820 0.800 0.800 0.800 -0.040 HRV 11,429 17,143.50 2 1.500 1.500 1.500 1.500 -0.010 LOM 2,193 4,188.63 1 1.910 1.910 1.910 1.910 -0.060 MPC 2,400 1,224.00 1 0.510 0.510 0.510 0.510 0.000 VBL 4,750 1,197.00 1 0.252 0.252 0.252 0.252 0.000 GOVERNMENT STOCKS G22B 15,000 15,171.00 1 101.140 101.140 101.140 101.140 -0.160 G28B 40,000 49,612.00 1 124.030 124.030 124.030 124.030 0.050 G29B 10,000 11,019.00 1 110.190 110.190 110.190 110.190 -1.550 G30A 8,200 10,988.00 2 134.000 134.000 134.000 134.000 -0.100 G31A 16,000 21,841.60 1 136.510 136.510 136.510 136.510 -0.040 G40A 11,000 13,176.90 1 119.790 119.790 119.790 119.790 -0.480 G41A 8,000 8,758.40 1 109.480 109.480 109.480 109.480 0.030 CORPORATE BONDS 1923A 10,000 10,250.00 1 102.500 102.500 102.500 102.500 0.500 AP30A 25,000 25,600.00 1 102.400 102.400 102.400 102.400 -0.100 BV31A 25,000 25,500.00 1 102.000 102.000 102.000 102.000 -1.500 DN33A 10,000 10,350.00 1 103.500 103.500 103.500 103.500 0.500 EF27A 2,500 2,540.00 2 101.600 101.600 101.600 101.600 1.350 HM24A 1,100 1,130.80 1 102.800 102.800 102.800 102.800 -0.200 IH26A 29,000 29,290.00 4 101.000 101.000 101.000 101.000 0.980 IH26B 23,000 23,230.00 2 101.000 101.000 101.000 101.000 1.000 MM26A 8,000 8,159.70 2 102.000 101.990 101.990 102.000 1.990 MO31A 25,000 25,355.00 2 101.500 101.300 101.500 101.300 -0.200 MR26A 5,000 5,078.10 2 101.950 100.010 100.010 101.950 1.940 PC26A 41,600 42,472.60 4 102.100 102.050 102.100 102.100 0.050 PG22A 5,000 5,000.00 1 100.000 100.000 100.000 100.000 0.000 PH28A 10,100 10,100.00 3 100.000 100.000 100.000 100.000 0.000 SA32A 25,000 25,847.50 2 103.390 103.390 103.390 103.390 -0.540 SD27A 20,000 20,134.50 3 100.700 100.600 100.600 100.700 0.000 SF27A 2,400 2,496.00 1 104.000 104.000 104.000 104.000 0.700 VH24A 4,000 4,000.00 1 100.000 100.000 100.000 100.000 0.000 Malta Stock Exchange Reguated Main Market Trading Date: 9 February 2022 USA attempting to tame oil prices via Iran deal PG PLC ORDINARY THE US government is attempting to tame oil prices by urgently ne- gotiating a new nuclear agreement with Iran. at's according to Rystad Ener- gy's senior oil markets analyst Lou- ise Dickson, who noted that such a move could reintroduce more than one million barrels of Iranian crude into the market. "Any deal could unleash more than one million barrels per day of crude and condensate production within four to six months, or even quicker as Iran is thought to have robust oil-on-water storage," Dick- son said in a market note sent to Rigzone on Tuesday. "e return of Iran's one million barrels may not have the calming effect that the Biden administration hopes or expects, though, as low OPEC+ supply, increasing demand, and inflation will all keep oil pric- es elevated," Dickson added in the statement. Dickson noted that there is much more room on the market for Ira- nian barrels now than previously, "primarily due to OPEC+ under- performance, as the group hasn't produced at its stated target levels since summer 2021". e Rystad Energy analyst stated that higher oil consumption growth could also balance out any down- side price implications of an Iran deal, as global oil demand remains on a steady track to average 98 mil- lion barrels per day in the first quar- ter of 2022. "e Omicron variant is loos- ening its grip on many countries worldwide, and as regulations and travel restrictions are removed, the oil demand outlook is boosted," Dickson said in the statement. "e real wildcard for con- sumption will continue to be Chi- na, which has seen weaker than pre-pandemic trends over the Lu- nar New Year holiday period, sug- gesting the return to normal is still not a given," Dickson added. In a separate market note sent to Rigzone on Monday, Rystad En- ergy's head of oil markets, Bjornar Tonhaugen, outlined that U.S.-Iran talks were showing "signs of pro- gress". "A nuclear deal would undoubt- edly take some pressure off crude prices, as Iran's shut-in production is among the single-largest source of short-term potential production to the market, aside from Saudi Arabia's and UAE's spare capacity," Tonhaugen said in the market note. According to a statement post- ed on the Iranian government's website on Tuesday, the country's foreign minister, Hossein Amir Abdollahian, has stressed that the Western party must make a "seri- ous and effective" decision in the field of lifting sanctions and show its "significant distance from the failed policies of the previous U.S. administration". A separate statement posted on the Iranian government's website on Monday highlighted that Abdol- lahian had "emphasized the failure of the U.S. governing body maxi- mum pressure policy". At the time of writing, the price of Brent crude oil stood at $90.45 per barrel. e price of West Tex- as Intermediate stood at $88.92 per barrel.

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