Issue link: https://maltatoday.uberflip.com/i/1479650
22.9.2022 6 MARKETS Symbol Volume Value Trades High Low Open Closing Change Code Traded Traded Trades Price Price Price Price EQUITIES APS 86,500 56,756.13 8 0.665 0.650 0.660 0.665 0.005 BMIT 150,000 70,500.00 5 0.470 0.470 0.470 0.470 0.000 IHI 80,000 54,250.00 3 0.680 0.670 0.680 0.670 0.010 MIA 2,900 17,275.00 3 6.000 5.950 5.950 6.000 0.050 MMS 5,000 9,000.00 1 1.800 1.800 1.800 1.800 -0.010 SFC 2,700 20,250.00 2 7.500 7.500 7.500 7.500 0.300 GOVERNMENT STOCKS G29B 453,000 457,983.00 2 101.100 101.100 101.100 101.100 1.060 G30A 2,200 2,666.62 1 121.210 121.210 121.210 121.210 0.730 G39A 5,000 4,500.00 1 90.000 90.000 90.000 90.000 0.000 CORPORATE BONDS AX32A 10,000 10,048.00 2 100.480 100.480 100.480 100.480 0.480 DN33A 20,500 21,236.02 5 103.600 103.490 103.490 103.600 0.600 FR32A 20,000 20,000.00 2 100.000 100.000 100.000 100.000 0.000 GH27A 60,000 60,900.00 2 101.500 101.500 101.500 101.500 0.500 GO31A 35,600 35,742.40 4 100.400 100.400 100.400 100.400 0.000 HF27A 6,000 6,060.00 1 101.000 101.000 101.000 101.000 0.500 HF29A 10,000 9,850.00 1 98.500 98.500 98.500 98.500 1.490 IH26A 3,700 3,718.50 1 100.500 100.500 100.500 100.500 0.500 MR26A 1,000 1,000.00 1 100.000 100.000 100.000 100.000 -1.400 MY32A 72,900 74,505.20 3 102.400 101.950 101.950 102.400 0.400 ON34A 3,100 3,158.90 1 101.900 101.900 101.900 101.900 -0.100 PC26A 8,000 8,080.00 2 101.000 101.000 101.000 101.000 -0.490 SA32A 400 409.96 4 102.490 102.490 102.490 102.490 0.000 SH32A 9,000 8,820.00 2 98.000 98.000 98.000 98.000 2.000 SM31A 17,200 17,720.00 5 104.000 103.000 103.000 104.000 1.000 ST29A 10,000 10,100.00 1 101.000 101.000 101.000 101.000 0.990 TI24A 500 503.00 1 100.600 100.600 100.600 100.600 -1.400 VR27A 12,600 12,705.50 3 100.990 100.250 100.250 100.990 0.990 Malta Stock Exchange Regulated Main Market Trading Date: 20 Sep 2022 Oil stocks lift London's FTSE 100 amid Russia angst as Fed looms UK'S commodity-heavy FTSE 100 reversed early losses on Wednesday, buoyed by oil stocks as crude prices surged on supply concerns due to escalation of the war in Ukraine, while investors braced for an aggressive interest U.S. rate hikes. e benchmark FTSE 100 (.FTSE) rose 0.5%, while the do- mestically focussed mid-cap in- dex (.FTMC) added 0.3% by 0817 GMT. Oil majors BP (BP.L) and Shell (SHEL.L) climbed nearly 2.5% each as crude prices jumped on concerns of tighter oil and gas supply after Russian President Vladimir Putin announced a par- tial military mobilisation. Britain's biggest defence com- pany BAE Systems jumped 5.3%, tracking its European peers, after Putin's remarks. "Investors will be looking at de- fence stocks and thinking about the potential that governments will look to increase their spend on weapons and on military hardware," said Danni Hewson, financial analyst at AJ Bell. Housing stocks (.FTN- MX402020) rose 3.3% after a report said that newly appoint- ed Prime Minister Liz Truss will announce plans to cut the stamp duty on property tax in the gov- ernment's mini-budget this week. Nevertheless, worries of a glob- al economic slowdown lingered ahead of an expected 75-ba- sis-point interest rate hike by the U.S. Federal Reserve around 1800 GMT. Financial markets expect the Bank of England to follow suit on ursday, pricing in a 77% chance of a 75-basis-point in- crease in rates to 2.5%, and a 23% chance of a smaller 50-ba- sis-point increase. "After what we saw in Sweden yesterday and what we're expect- ing to see from the Federal Re- serve, it does put a great deal of pressure on the Bank of England," said Hewson. "Markets are not quite sure what to expect from the BoE because you've got the UK Gov- ernment about to borrow a huge chunk of additional cash, the expectation that the economy is already in recession and a situ- ation where the BoE cannot cut rates in order to stimulate eco- nomic growth because that will only lead to further inflationary pressures." e sterling dipped to its low- est against the U.S. dollar since 1985 after data showed Britain's budget deficit was bigger than expected in August. Britain said it would cap the cost of electricity and gas for businesses from next month, fol- lowing a similar scheme for con- sumers, helping relieve the pres- sure of soaring energy costs. FARSONS SFC ORD SHARES