Issue link: https://maltatoday.uberflip.com/i/1499533
18.5.2023 6 MARKETS Symbol Volume Value Trades High Low Open Closing Change Code Traded Traded Trades Price Price Price Price EQUITIES APS 7,526 4,515.60 1 0.600 0.600 0.600 0.600 0.000 BMIT 135,625 58,318.75 5 0.430 0.430 0.430 0.430 0.000 BOV 73,352 81,346.38 7 1.130 1.090 1.110 1.130 0.040 GO 9,400 27,778.00 4 2.960 2.940 2.960 2.940 0.000 HLI 1,800 410.40 1 0.228 0.228 0.228 0.228 0.000 HSB 109,863 119,750.67 4 1.090 1.090 1.090 1.090 0.000 MIA 19,973 108,882.85 4 5.500 5.450 5.500 5.450 0.000 PG 83,900 161,386.52 7 1.940 1.920 1.920 1.940 0.020 CORPORATE STOCKS G32G 10,000 10,365.00 1 103.650 103.650 103.650 103.650 -0.580 G34A 58,400 60,718.48 1 103.970 103.970 103.970 103.970 -1.030 G40A 216,000 192,302.18 7 99.000 88.280 98.000 88.280 -2.220 G43AA 25,000 24,835.00 1 99.340 99.340 99.340 99.340 -0.910 CORPORATE BONDS AX24A 25,000 25,250.00 1 101.000 101.000 101.000 101.000 0.990 AX29A 4,300 4,203.25 1 97.750 97.750 97.750 97.750 -0.200 BB33A 8,500 8,712.50 1 102.500 102.500 102.500 102.500 0.500 BV30B 27,200 24,147.46 8 89.200 88.500 88.510 89.200 1.190 CE33A 10,100 10,100.00 1 100.000 100.000 100.000 100.000 0.000 DF26A 20,000 20,000.00 1 100.000 100.000 100.000 100.000 0.010 HF28A 5,000 4,675.50 1 93.510 93.510 93.510 93.510 0.010 IB32A 10,000 10,000.00 1 100.000 100.000 100.000 100.000 0.000 IH26A 13,500 13,600.65 3 100.750 100.740 100.740 100.750 0.000 IH31A 4,000 3,720.00 1 93.000 93.000 93.000 93.000 0.000 JD32A 9,100 9,044.35 2 99.850 99.010 99.850 99.010 -0.840 MI23A 9,000 8,998.35 2 100.000 99.970 99.970 100.000 0.800 MP32A 5,000 4,970.00 1 99.400 99.400 99.400 99.400 -0.100 ON34A 16,000 15,360.00 2 96.000 96.000 96.000 96.000 -2.000 SF27A 10,000 10,000.00 1 100.000 100.000 100.000 100.000 0.700 SP29A 3,000 2,970.00 1 99.000 99.000 99.000 99.000 0.000 ST27A 33,000 33,000.00 4 100.000 100.000 100.000 100.000 0.000 VR27A 300 289.50 1 96.500 96.500 96.500 96.500 -2.400 Malta Stock Exchange Regulated Main Market Trading Date: 17 May 2023 One of the world's biggest carmakers threatens to pull production in UK over Brexit UK Prime Minister Rishi Sunak is facing demands to renegotiate the UK's Brexit deal amid warn- ings the car industry in Britain faces an "existential threat" with- out changes, putting thousands of jobs at risk. Vauxhall's parent company Stel- lantis told MPs it will be unable to keep a commitment to make electric vehicles in the UK with- out changes to the Trade and Co-operation Agreement (TCA) with the European Union. Labour leader Sir Keir Starm- er said "we need a better Brex- it deal" to ensure firms such as Vauxhall can continue to operate in the UK. Business and Trade Secretary Kemi Badenoch has raised the issue with Brussels, the Govern- ment said, and she has a pre-ar- ranged meeting with Stellantis chiefs on Wednesday. She has also raised the motor in- dustry's concerns about the TCA with Chancellor Jeremy Hunt and Foreign Secretary James Cleverly, according to Whitehall sources. 5,000 jobs Stellantis – which also owns Citroen, Peugeot and Fiat – em- ploys more than 5,000 people in the UK. e firm told a Commons in- quiry into the supply of batteries for electric vehicles (EVs) that their UK investments were in the balance due to the terms of the trade deal. Under the TCA, from next year 45% of an electric car's value should originate in the UK or EU to qualify for trade without tar- iffs, with higher requirements for batteries. Without meeting the require- ments, cars manufactured in the UK would face a 10% tariff, mak- ing domestic production and exports uncompetitive with cars built within the EU or countries such as Japan and South Korea. Professor David Bailey, from Birmingham Business School, said: "I think there is a kind of existential threat to the UK car industry." He told BBC Radio 4's Today programme: "Car makers have been saying for some time, they can't meet those rules as they tighten up, and they're going to potentially be facing tariffs." "Existential threat" Meanwhile, the Labour leader told BBC Breakfast that although re-entry to the EU was not on the table "we do need to improve that deal". "Of course we want a closer trading relationship, we abso- lutely do. We want to ensure that Vauxhall and many others not just survive in this country but thrive," Sir Keir said. "Because there are jobs bound up, there are families watching this morning either employed by Vauxhall or a similar place who are deeply worried about what this means. "So yes we need a better Brexit deal. We will make Brexit work. at doesn't mean reversing the decision and going back into the EU but the deal we've got, it was said to be oven-ready, it wasn't even half-baked. Stellantis, the world's fourth biggest car maker, committed to making electric vehicles at its Ellesmere Port and Luton plants two years ago. But in a submission to the Com- mons Business and Trade Com- mittee, the company said the Brexit deal was a "threat to our export business and the sustain- ability of our UK manufacturing operations". It called on the Government to reach agreement with the EU to maintain existing rules until 2027, rather than introduce next year's planned changes. Stellantis said the rise in the cost of raw materials during the pan- demic and energy crisis meant it was "unable to meet these rules of origin".