Issue link: https://maltatoday.uberflip.com/i/1464558
14.4.2022 6 MARKETS Symbol Volume Value Trades High Low Open Closing Change Code Traded Traded Trades Price Price Price Price EQUITIES BOV 6,198 4,871.09 2 0.790 0.785 0.785 0.790 0.000 HLI 500 127.00 1 0.254 0.254 0.254 0.254 0.006 IHI 17,315 9,843.93 3 0.575 0.545 0.560 0.575 0.030 MPC 190 103.55 1 0.545 0.545 0.545 0.545 0.015 MSC 5,000 2,000.00 1 0.400 0.400 0.400 0.400 -0.050 RS2 1,823 3,062.64 1 1.680 1.680 1.680 1.680 -0.020 SFC 7,520 62,666.00 3 8.350 8.300 8.300 8.350 0.150 GOVERNMENT STOCKS G23A 6,989 7,524.36 1 107.660 107.660 107.660 107.660 -0.050 G32A 3,000 4,038.00 1 134.600 134.600 134.600 134.600 -0.200 CORPORATE BONDS 1923A 10,000 10,025.00 1 100.250 100.250 100.250 100.250 0.000 AX26A 7,700 7,679.00 2 99.750 99.500 99.750 99.500 -0.500 AX32A 10,000 10,049.00 1 100.490 100.490 100.490 100.490 0.240 BV30A 25,000 25,125.00 1 100.500 100.500 100.500 100.500 -0.500 BX27A 2,000 2,050.00 1 102.500 102.500 102.500 102.500 1.900 CC30A 21,000 21,304.00 3 101.450 101.440 101.450 101.450 0.000 EN29A 50,000 49,000.00 1 98.000 98.000 98.000 98.000 -1.000 GH27A 5,000 5,175.00 1 103.500 103.500 103.500 103.500 2.500 GO31A 20,000 20,457.00 4 102.700 102.250 102.250 102.700 0.500 HF27A 5,000 5,049.50 1 100.990 100.990 100.990 100.990 0.490 HF29A 25,900 25,660.50 3 99.500 98.500 99.500 99.500 -0.500 HM24A 900 927.00 1 103.000 103.000 103.000 103.000 0.000 HP25A 15,000 15,193.12 2 101.490 101.000 101.000 101.490 1.440 IH26A 21,000 21,180.00 5 101.000 100.500 101.000 100.500 0.000 IH26B 2,000 1,980.00 1 99.000 99.000 99.000 99.000 0.000 MD26A 10,000 10,134.00 2 101.500 101.100 101.500 101.100 0.080 MI22A 4,500 4,432.50 1 98.500 98.500 98.500 98.500 0.000 MM26A 12,000 12,229.00 2 101.990 101.500 101.500 101.990 -0.010 MO31A 30,500 30,921.50 4 101.400 101.300 101.400 101.300 0.000 SA32A 41,000 42,845.00 3 104.500 104.500 104.500 104.500 0.000 SD27A 10,500 10,606.05 4 101.130 100.500 100.500 101.130 0.880 TI27A 9,000 9,180.00 2 102.000 102.000 102.000 102.000 0.000 Malta Stock Exchange Regulated Main Market Trading Date: 13 April 2022 London stocks steady as inflation hits fresh 30-year high LONDON stocks were steady in early trade on Wednesday as data showed that UK inflation hit a fresh 30-year high in March. At 0840 BST, the FTSE 100 was flat at 7,576.00. Figures released earlier by the Office for National Statistics showed that consumer price infla- tion rose to 7% in March as energy and food prices surged. is was its sharpest jump since 1992, up from 6.2% in February and above analysts' expectations of 6.7%. Motor fuel inflation increased to 30.7% from 22.3% in February, while food inflation rose to 5.9% from 5.1%. e increase in inflation does not take into account the average 54% rise in energy bills that came into effect on 1 April. is will not figure in the data until next month. Core CPI, which excludes food, energy, alcohol and tobacco, rose to 5.7% in March from 5.2% the month before and was above con- sensus expectations of 5.4%. ONS chief economist Grant Fitzner said: "Broad-based price rises saw annual inflation increase sharply again in March. Amongst the largest increases were petrol costs, with prices mostly collected before the recent cut in fuel duty, and furniture. "Restaurants and hotel prices also rose steeply in March while, after falling a year ago, there were rises across a number of different types of food. "e price of goods leaving UK factories has continued to rise substantially with metal and trans- port products both at record highs and food reaching its highest rate for over a decade. "Raw material costs also rose, with a notable increase in the price of crude oil." Last month, the Office for Budget Responsibility said it ex- pected consumer price inflation to peak at a 40-year high of 8.7% in the fourth quarter of 2022. Ruth Gregory, senior UK econ- omist at Capital Economics, said: "It's no secret that inflation is go- ing to rise even further in April, with the 54% leap in utility pric- es set to add a whopping 1.6ppts to inflation. We think the result will be a rise in CPI inflation to around 8.5% in April. And while we suspect April could mark the peak, we think inflation will re- main above 7.0% for most of 2022 and above 3.0% for most of 2023. "With high inflation feeding into price/wage decisions, we think the Bank of England will have to raise rates further than it expects, per- haps to at least 2.00% next year." In equity markets, Oxford In- struments rallied after saying it now expects full-year revenues and adjusted operating profit to be "marginally ahead" of internal expectations, despite supply chain disruption and cost inflation. Cybersecurity firm Darktrace gained as it increased its annual revenue guidance after adding 359 net new customers in the third quarter. On the downside, Tesco was un- der the cosh as it reported a surge in annual profits thanks to higher sales and lower costs related to the Covid pandemic, but struck a cau- tious note on the outlook. Ocado and Sainsburys were also in the red, while Hammerson was knocked lower by a downgrade to 'underweight' at JPMorgan. 3.8% HLF 2029