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16.2.2023 6 MARKETS Symbol Volume Value Trades High Low Open Closing Change Code Traded Traded Trades Price Price Price Price EQUITIES GO 10 27.80 1 2.780 2.780 2.780 2.780 0.000 HSB 1,000 740.00 1 0.740 0.740 0.740 0.740 0.000 MIA 150 840.00 1 5.600 5.600 5.600 5.600 -0.050 PG 290 603.20 1 2.080 2.080 2.080 2.080 0.000 CORPORATE STOCKS G32GA 147,600 155,108.40 6 105.120 105.000 105.000 105.120 0.120 CORPORATE BONDS AX26A 3,000 2,565.30 1 85.510 85.510 85.510 85.510 -9.490 BV30B 11,100 9,990.00 1 90.000 90.000 90.000 90.000 -2.000 DF26A 15,000 14,999.00 2 100.000 99.990 99.990 100.000 0.050 GH27A 25,000 24,375.00 2 97.500 97.500 97.500 97.500 0.000 HF27A 7,100 6,851.50 2 96.500 96.500 96.500 96.500 -1.350 HF28A 4,300 3,810.23 1 88.610 88.610 88.610 88.610 -7.390 HP25A 15,200 15,184.80 2 99.900 99.900 99.900 99.900 0.050 IB32A 15,000 14,895.00 2 99.900 99.000 99.000 99.900 0.900 IH25A 3,000 3,030.00 1 101.000 101.000 101.000 101.000 -1.000 IH26B 4,100 4,017.59 1 97.990 97.990 97.990 97.990 -0.010 MO31A 5,000 4,711.50 2 94.250 94.000 94.000 94.250 0.250 26A 15,000 14,400.00 1 96.000 96.000 96.000 96.000 -0.500 MY32A 4,600 4,473.50 1 97.250 97.250 97.250 97.250 0.000 PC26A 5,000 4,779.30 2 95.600 95.500 95.600 95.500 -2.000 SD27A 18,000 17,280.00 2 96.000 96.000 96.000 96.000 0.000 SF27A 13,400 12,745.00 4 96.000 92.500 96.000 92.500 2.490 ST27A 19,000 18,675.00 4 99.500 97.500 97.500 99.500 2.000 TG26A 5,600 5,488.00 1 98.000 98.000 98.000 98.000 0.000 TI27A 5,000 4,550.00 1 91.000 91.000 91.000 91.000 -8.000 Malta Stock Exchange Regulated Main Market Trading Date: 15 Feb 2023 UK inflation still above 10%, bigger slowdown in inflation than expected INFLATION in the UK slowed by slightly more than forecast in January, according to the most recent figures from the Office for National Statistics (ONS). On an annual basis, the CPI eased to 10.1% in January from 10.5% in December. Consensus had expected inflation to cool to 10.3%, according to FXStreet. On a monthly basis, UK con- sumer prices fell by 0.6%, com- pared to a 0.4% rise in Decem- ber. The decline was slightly more than market expectations. Month-on-month inflation was forecast to be -0.4% in January. Core inflation – excluding en- ergy, food, alcohol, and tobacco – cooled to 5.8% in January on an annual basis, from 6.3% in December. The market cools in response Sterling weakened as the low- er-than-expected figures cast doubt on the Bank of England's next moves. e BoE last in- creased the rate by 50 basis points on February 2, to 4.00%. e pound was quoted at $1.2086 at early on Wednesday in London, compared to $1.2174 at the close on Tuesday. Matthew Ryan, head of market strategy at financial services firm Ebury said: "Sterling has sold-off across the board in response to this morning's data. While the risk of a sharp recession may have lessened, the easing in price pressures may persuade the Bank of England to take a slightly less hawkish approach at upcoming [Monetary Policy Committee] meetings." e FTSE 100 index was down 5.70 points, or 0.1%, at 7,948.15 early Wednesday. However, the FTSE 250 was up 7.99 points at 20,026.22. e AIM All-Share was down 1.19 points, or 0.1%, at 866.11. Giles Coghlan, chief market an- alyst at HYCM said: "Although to- day's modest decline in inflation shows that CPI is slowly heading in the right direction, the strength of UK wage growth remains a key concern to Bank of England poli- cymakers, who are likely to have at least one more interest rate hike to go." On Tuesday, the ONS said annual growth in average total pay, includ- ing bonuses, was 5.9%. Excluding bonuses, it was 6.7%. In September to November, annual growth in av- erage total pay, including bonuses, and in regular pay, excluding bo- nuses, both were 6.4%. Lloyds Bank said Tuesday's re- port showed conditions in the UK labour market were still tight enough to concern the Bank of England that domestic inflation- ary pressures may not be easing enough to allow for inflation to fall back to its 2.0% target.

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