Issue link: https://maltatoday.uberflip.com/i/1481619
13.10.2022 6 MARKETS Symbol Volume Value Trades High Low Open Closing Change Code Traded Traded Trades Price Price Price Price EQUITIES APS 10,000 6,350.01 2 0.635 0.635 0.635 0.635 0.000 BMIT 25,000 11,550.00 1 0.462 0.462 0.462 0.462 -0.002 BOV 21,329 18,689.98 5 0.900 0.870 0.880 0.900 0.000 GO 1,000 3,020.00 1 3.020 3.020 3.020 3.020 0.020 HSB 2,390 1,768.60 1 0.740 0.740 0.740 0.740 0.000 TRI 792 1,156.32 1 1.460 1.460 1.460 1.460 0.000 CORPORATE BONDS BN32A 20,000 20,000.00 1 100.000 100.000 100.000 100.000 0.000 CB27A 6,000 5,952.00 1 99.200 99.200 99.200 99.200 0.200 EF27A 4,000 4,000.00 1 100.000 100.000 100.000 100.000 0.000 HP25A 4,500 4,567.50 2 101.500 101.500 101.500 101.500 0.000 IB25A 99,500 101,987.50 2 102.500 102.500 102.500 102.500 0.000 IH26A 5,600 5,656.00 2 101.000 101.000 101.000 101.000 0.000 IH26B 4,800 4,776.00 1 99.500 99.500 99.500 99.500 0.000 IH31A 12,000 11,460.00 4 95.500 95.500 95.500 95.500 0.000 MD26A 17,800 17,801.12 4 100.040 100.000 100.040 100.000 -0.040 MF24A 100 102.60 1 102.600 102.600 102.600 102.600 0.600 PC26A 4,500 4,485.00 4 100.000 99.500 99.500 100.000 2.000 ST27A 10,000 10,000.00 1 100.000 100.000 100.000 100.000 0.000 Malta Stock Exchange Regulated Main Market Trading Date: 12 Oct 2022 Stocks turn red with UK bonds in the spotlight FINANCIAL markets made roller-coaster moves on Tuesday with the S&P 500 ending lower, while the dollar gained as jittery investors fled for safety after the Bank of England it would sup- port the UK bond market for just three more days. Investors had already been grappling with a range of uncer- tainties ahead of key U.S. infla- tion and earnings reports, the escalating Russia-Ukraine war, and COVID-19 cases in China. Earlier in the day the Bank of England said it would continue to buy bonds this week. But the mood soured quickly in late afternoon trading after BoE Governor Andrew Bailey told pension fund managers to finish rebalancing their posi- tions by Friday when the bank's emergency support program for the county's fragile bond market would end. After the comments, Wall Street's stock indexes turned sharply lower, giving back all the gains of a solid rebound that had started around a half hour into the trading day. The UK news shook up already nervous investors ahead of key U.S. inflation readings Wednes- day and Thursday that are ex- pected to prompt the Federal Reserve to keep raising interest rates aggressively, said Michael James, managing director of eq- uity trading at Wedbush Securi- ties in Los Angeles. "Everyone is on pins and nee- dles everyday at this point, far more worried about something 'bad' causing further downside than worried about missing some 'big up move,'" said James. "We are in a very precarious position right now for next few days." In particular, the stark BoE deadline made U.S. investors worry that some of the instabili- ty in UK markets could make its way to Wall Street, said Randy Frederick, managing director of trading and derivatives for Charles Schwab in Austin, Tex- as. "What caused the latest down- turn was an announcement the Bank of England was going to stop supporting the gilt market in three days. That caused the market to pivot," said Frederick. It's nerves and speculation." The Dow Jones Industrial Av- erage rose 36.31 points, or 0.12 percent, to 29,239.19; the S&P 500 lost 23.55 points, or 0.65 percent, at 3,588.84; and the Nasdaq Composite dropped 115.91 points, or 1.1 percent, to 10,426.19. At its peak on Tuesday the S&P had risen as much as 0.8 percent. The pan-European STOXX 600 index lost 0.56 percent and MSCI's gauge of stocks across the globe shed 0.97 percent. Ear- lier the MSCI index had fallen as much as 1.5 percent to 549.19, its lowest level since 30 October 2020. Emerging market stocks lost 2.28 percent after hitting an April 2020 low and were set for a near-30 percent tumble year-to- date, their biggest decline since 2008. U.S.-led NATO said member states were boosting security as G7 leaders condemned Russia's escalating attacks in Ukraine. Russian missiles pounded Ukraine for a second straight day, after dozens of air raids on Monday that killed 19 people, wounded more than 100 and cut power supplies. PC26A - 3.75% PRC PLC