Issue link: https://maltatoday.uberflip.com/i/1484365
17.11.2022 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: 16 Nov 2022 US stocks end higher amid signs of slowing inflation WALL Street closed higher on Wednesday as investors were up- beat about further signs US in- flation is slowing and amid good earnings reports, but retreated from the day's high after reports of a missile strike in Poland. Nato and the Pentagon said they were looking into unconfirmed reports that two Russian missiles had landed inside Nato member Poland. e news sent stocks low- er but major indices recovered ground by the closing bell. e Dow Jones Industrial Aver- age rose 56.22 points, or 0.17%, to 33,592.92, the S&P 500 gained 34.48 points, or 0.87%, to 3,991.73 and the Nasdaq Composite add- ed 162.19 points, or 1.45%, to 11,358.41. "e market has been driven by the inflation number that came out a little bit lower than expected and confirmed last week's number to some degree that we may have rounded the corner on inflation," said Peter Tuz, president of Chase Investment Counsel in Charlottes- ville, Virginia. e market was "a little bit more volatile this afternoon as news sto- ries came out about the Russian missile landing in Poland," he said. Equities moved decidedly higher early in the day, rebounding from Monday's losses after Walmart's quarterly earnings beat expecta- tions, as did Home Depot's, while new data showed further signs in- flation is slowing. e US producer price index (PPI) slowed in October, and the annual PPI eased to 8.0%, add- ing to rising hopes the Federal Reserve can slow the aggressive pace of interest rate hikes after six increases this year, including four super-sized moves. Walmart's earnings, though weighed down by a huge payout to settle opioid lawsuits, reflected a resilient US consumer. e big box retailer saw its shares jump 6.5%, while Home Depot gained 1.6%, and Target, which reports earnings today (Nov 16), increased nearly 4.0%. Jack Ablin of Cresset Capital said the pattern on Wall Street of a strong start that loses momentum towards the end of the day "cer- tainly could be news from Poland", but also could reflect some caution among institutional investors. "We really had a trifecta of in- formation between retail and PPI and the China reopening story, and you would think that would be a recipe for a bull market, but institutional investors don't agree," he told AFP. Markets will be watching today for new data on retail sales and in- dustrial output for signals on the strength of the US economy, while monitoring speeches from Fed officials for information on their thinking. European markets European stock markets traded in a mixed fashion Wednesday, with investors digesting raised po- litical tensions after a missile strike in NATO-member Poland, a sharp rise in U.K. inflation and more cor- porate earnings. e DAX index in Germany traded 0.4% lower, while CAC 40 in France rose 0.1% and the FTSE 100 in the U.K. climbed 0.2%. Western leaders, including U.S. President Joe Biden, urged caution at the G20 meeting in Indonesia, after a rocket killed two people in a Polish village close to the frontier with Ukraine late Tuesday. ey are keen to avoid a major escalation with Russia, especial- ly as doubts exist over where the missile was fired from, while Mos- cow has denied responsibility for the strike. e data comes just a day before Chancellor Jeremy Hunt reveals a number of measures designed to fill an estimated £50 billion (£1=$1.1881) gap in public financ- es, likely including tax rises and spending cuts. Turning to the corporate sector, Siemens Energy (ETR:ENR1n) stock rose 4.6% after announcing it would not be paying a dividend for 2022, citing a quarterly net loss, hit by a charge due to the restructuring of its Russian divi- sion, as well as challenges related to its struggling wind turbine di- vision Siemens Gamesa (BME:S- GREN). Experian (LON:EXPN) stock rose 0.4% after the world's largest credit data firm posted a higher first-half profit, boosted by steady demand for borrowing across its markets. Premier Foods (LON:PFD) stock rose 0.7% after the company re- ported a rise in half-yearly adjust- ed profit on strong demand for its cakes and grocery products. British Land (LON:BLND) stock fell 2% after the developer posted a downturn in the value of its prop- erties, as rising interest rates and a dark economic outlook weigh on the U.K. real estate market. Oil prices rebounded Wednesday following an unsubstantiated re- port that an oil tanker has been hit by a drone off the coast of Oman, potentially impacting supply in an already tight market. e crude market had traded lower earlier Wednesday following mixed U.S. inventories data from the American Petroleum Institute, released Tuesday. PC26A - 3.75% PRC PLC