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BUSINESS TODAY 29 September 2022

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29.9.2022 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: 28 Sep 2022 European shares slide to 21-month low on mounting recession worries EUROPEAN shares slid 1% on Wednesday, in line with a sell-off in Asian markets, as an intensify- ing energy crisis in the region and the relentless surge in global bond yields fuelled worries about a re- cession. e continent-wide STOXX 600 index was down 1%, hitting its lowest since late-December 2020, and extending declines to a fifth session. Germany's DAX index lost 1.2%, taking cues from Wall Street, which sank deeper into a bear market overnight. [.N] Geopolitical tensions intensified as Europe investigated what Ger- many, Denmark and Sweden said were attacks on two Nord Stream pipelines at the centre of an ener- gy standoff. A media report said the Eu- ropean Union had threatened a "robust and united response" to probable pipeline attacks. "Damaging the infrastructures clearly pushes the tensions be- tween the West and Russia to a no-turning point, and dashes hopes of seeing an improvement anytime soon - both on the geo- political and energy fronts," said Ipek Ozkardeskaya, a senior ana- lyst at Swissquote Bank. Reflecting the grim economic outlook, a survey projected Ger- man consumer morale would hit a record low in October as high inflation rates and rocketing en- ergy bills show no signs of relent- ing. Meanwhile, tech stocks came under pressure as the bench- mark 10-year U.S. Treasury yields topped 4%, their highest in 12 years, amid fears the Federal Re- serve might have to take rates past 4.5% in its fight against inflation. "at fear has now gripped the markets and we may see a little more caution going forward as the Fed has made it clear that one inflation reading doesn't make a trend and it will take a lot more than that to convince it that it can afford to ease off the brake," said Craig Erlam, senior market ana- lyst, UK & EMEA, OANDA. "Other central banks may have a lot more work to do; one in par- ticular springs to mind, thanks to the misguided direction the gov- ernment is taking the country in," Erlam said, referring to the Bank of England. London's blue-chip FTSE 100 index dropped 1.4% after the In- ternational Monetary Fund and ratings agency Moody's criticised Britain's new economic strategy. [.L] All sectoral indexes on STOXX 600 fell, with the economy-sensi- tive oil and gas, basic resources, retailers and banks sectors down between 1% and 1.8%. Shares of fish farmers such as Mowi, Leroy Seafood and SalMar dropped between 15% and 20.2% after the Norwegian government proposed a resource tax on salm- on and trout farming of 40% from the tax year 2023. FARSONS SFC ORD SHARES

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