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BUSINESS TODAY 30 June 2022

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30.6.2022 6 MARKETS Symbol Volume Value Trades High Low Open Closing Change Code Traded Traded Trades Price Price Price Price EQUITIES APS 329,577 217,850.04 18 0.670 0.655 0.670 0.655 -0.010 AXR 4,000 2,200.00 1 0.550 0.550 0.550 0.550 0.000 BMIT 15,000 7,108.32 2 0.474 0.470 0.474 0.470 -0.010 BOV 11,000 10,236.25 2 0.935 0.930 0.930 0.935 0.035 MDI 45,000 14,999.65 5 0.350 0.320 0.322 0.350 0.038 MSC 10,940 4,376.00 2 0.400 0.400 0.400 0.400 0.048 RS2P 3,000 4,800.00 1 1.600 1.600 1.600 1.600 0.100 SFC 20 144.00 1 7.200 7.200 7.200 7.200 -0.050 GOVERNMENT STOCKS G28B 149,600 167,716.56 1 112.110 112.110 112.110 112.110 -1.120 G29A 10,000 11,720.00 1 117.200 117.200 117.200 117.200 0.040 G29B 346,000 345,994.00 2 100.000 99.900 100.000 99.900 -0.150 G30A 250,000 297,375.00 1 118.950 118.950 118.950 118.950 -1.330 G31A 25,000 29,950.00 1 119.800 119.800 119.800 119.800 -5.340 G32A 5,000 5,803.50 1 116.070 116.070 116.070 116.070 -0.930 G32B 5,500 6,293.10 1 114.420 114.420 114.420 114.420 -1.450 G33A 250,000 283,750.00 1 113.500 113.500 113.500 113.500 -1.100 G34A 256,000 286,988.00 2 112.300 112.100 112.300 112.100 -1.910 G40A 5,200 5,200.00 1 100.000 100.000 100.000 100.000 0.000 CORPORATE BONDS 6PM25 100 101.99 1 101.990 101.990 101.990 101.990 0.000 CC30A 5,000 5,050.00 2 101.000 101.000 101.000 101.000 0.500 EF27A 5,000 5,025.00 1 100.500 100.500 100.500 100.500 0.000 GO31A 31,000 31,000.00 3 100.000 100.000 100.000 100.000 0.000 GP25A 6,500 6,500.65 1 100.010 100.010 100.010 100.010 0.010 GP26A 12,000 12,120.00 1 101.000 101.000 101.000 101.000 1.000 HM24A 110,000 113,310.00 4 103.100 103.000 103.100 103.000 0.000 IB25A 3,500 3,535.00 1 101.000 101.000 101.000 101.000 -0.990 IH23A 10,000 10,050.00 1 100.500 100.500 100.500 100.500 -0.500 IZ29A 12,000 12,279.00 2 102.700 102.200 102.200 102.700 -0.050 MM26A 4,000 4,000.00 1 100.000 100.000 100.000 100.000 -0.260 MO31A 30,000 29,424.50 3 98.500 98.000 98.000 98.500 -0.780 MY32A 10,000 10,199.20 2 102.000 101.990 101.990 102.000 0.000 PC26A 8,800 8,888.00 2 101.000 101.000 101.000 101.000 -0.480 PH28A 6,000 5,990.00 2 100.000 99.000 100.000 99.000 -1.250 SA32A 19,500 19,639.75 4 102.490 100.020 100.020 102.490 -0.510 SD27A 15,000 15,080.50 3 100.800 100.010 100.010 100.800 0.300 SF27A 4,000 4,080.00 1 102.000 102.000 102.000 102.000 0.000 ST27A 5,000 5,000.50 1 100.010 100.010 100.010 100.010 0.010 ST29A 10,000 10,001.00 1 100.010 100.010 100.010 100.010 2.010 TI27A 7,800 7,875.66 1 100.970 100.970 100.970 100.970 0.470 TM29A 12,000 12,148.79 3 101.450 100.500 100.500 101.450 1.450 UF23A 4,400 4,400.44 1 100.010 100.010 100.010 100.010 0.010 Malta Stock Exchange Regulated Main Market Trading Date: 28 June 2022 Major luxury watchmakers flock to accept Bitcoin: are they targeting millennials now? FOR the past several years, cryp- tocurrencies have seen massive growth in use and interest, as they become a valid and accepted alternative to traditional assets, which includes their use in pur- chases, such as luxury watches. Indeed, several high-end watch- makers have jumped on the cryp- to bandwagon in recent weeks ac- cepting digital assets like Bitcoin (BTC) as a form of payment or even introducing crypto-related features to their smartwatches. Specifically, Swiss watchmaker Tag Heuer announced in mid-May the rollout of crypto payments for all online purchases on its United States website. is move was fol- lowed by introducing a feature in mid-June that turns its Connect- ed Calibre E4 smartwatch into a non-fungible token (NFT) viewer. Another luxury Swiss watch- maker, Hublot, announced in mid-June the launch of 200 lim- ited-edition watches that cus- tomers can purchase online using select cryptocurrencies, such as Bitcoin, Ethereum (ETH), Doge- coin (DOGE), and others. In late June, Finbold also report- ed on another prominent luxury watchmaker, Breitling, allowing its customers to purchase wrist- watches and watch straps using digital currencies through its partnership with crypto payment facilitator BitPay. Focusing on millennials? With their moves into crypto, luxury watchmakers seem to want to address the generational shift and appeal to a wider audience, including those aged between 25 and 40, often referred to as Gen- eration Y or millennials. Admittedly, the rapid adoption of crypto has been mainly led by millennials. In fact, a recent multi-country survey has discov- ered that the share of millenni- als among crypto investors is an overwhelming 44%. Earlier this year, Finbold also re- ported on the projections of Frank Holmes, CEO of investment firm U.S. Global Investors, who said he expected Bitcoin to outperform gold as a store of value and would likely become the ultimate store of value in the future, mainly due to millennials' activity. At the same time, his sentiment was shared by Jeremy Siegel, a professor at United States busi- ness school Wharton, who said Bitcoin had surpassed gold as the ultimate hedge against inflation, influenced largely by millennials who consider crypto as a substi- tute. Allowing payments in digital currencies and introducing other crypto-friendly features may in- deed attract the attention of this generation of crypto investors (and their wealthy parents) and increase the sales of high-end watches. Time will tell just how success- ful these moves turn out to be. If so, crypto adoption might be im- minent for other luxury goods as well.

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