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1.6.2023 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: 31 May 2023 EUR rebounds against USD from two-month low THE Euro to US Dollar (EUR/ USD) exchange rate initially struck a two-month low on Tues- day, before rebounding amid re- newed market optimism. At time of writing the GBP/USD exchange rate traded at around $1.0730. Up roughly 0.2% from Wednesday's opening levels. e US Dollar (USD) briefly struck a new two-month high against the Euro on Tuesday, be- fore quickly relinquishing these gains. is pullback in the US Dollar came as a cautiously optimistic market mood sapped demand for the safe-haven currency. is is likely linked to reports that a deal to resolve the US debt ceiling crisis is ready to be voted on by Congress, following last minutes negotiations over the weekend. It's hoped this will avoid a US default, which would have major ramifications for the global econ- omy. However tempering the pullback in the US Dollar is renewed spec- ulation the Federal Reserve's will raise interest rates again in June. e odds of a June hike have climbed from 28% to 65% fol- lowing the publication of strong- er-than-expected US inflation fig- ures on Friday. Euro (EUR) Exchange Rates Supported by ECB Rate Hike Expectations e Euro (EUR), found some much needed relief on Tuesday amid hopes the European Central Bank (ECB) will deliver at least a couple more interest rate hikes in 2023. is was supported by com- ments from ECB policymaker Gediminas Šimkus, who said he would expect a 25bps rate hike in both June and July. His confidence is helping to counteract recent speculation that a recent string of underwhelm- ing Eurozone data releases could get the ECB to act more cautious moving forward. At the same time however, the Eurozone's gains were limited on Tuesday by the publication of the Eurozone's latest economic senti- ment survey. May's sentiment index fell from 99.3 to 96.5. is was below the fall to 98.9 forecast and was a new six-month low. e underwhelming figures sup- ports speculation that growth in the Eurozone has faltered in re- cent months. German Inflation in Focus Looking ahead to the middle of the week, the Euro to US Dollar (EUR/USD) exchange rate could face some headwinds with the publication of Germany's con- sumer price index. May's preliminary CPI figures are expected to report the cool- ing of inflation in the Eurozone's largest economy accelerated, with consensus forecasts predicting a drop from 7.2% to 6.5%. Another drop may weaken the prospect of the ECB delivering any further rate hikes past June and could see the Euro test new lows. On the other hand a speech by ECB President Christine Lagarde could help to shore up the Euro if she signals more action is needed to bring inflation to heel. Meanwhile, the publication of the US Bureau of Labor Statistics' Job Openings and Labor Turno- ver survey (JOLTs) could weaken the US Dollar on Wednesday as a forecast drop in job openings in April may raised questions over the resilience of the US labour market.

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