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BUSINESS TODAY 5 October 2023

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5.10.2023 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: 5 October 2023 Europe midday: Stocks steady as bond selling abates STOCKS across Europe were slightly higher on Wednesday amid a pause in recent selling in government bonds on either side of the Atlantic. That was despite news over- night of the ouster of the speak- er of the U.S. House of Repre- sentatives, the first time that had occurred in the country's history. The Stoxx 600 index was up 0.30% to 442.07, alongside a gain of 0.3% to 15,132.57 for the German Dax while the FTSE Mib was up by 0.1% to 27,509.67. In parallel, the yield on the benchmark 10-year Bund was down by two basis points at 2.949% and euro/dollar was ahead by 0.42% to 1.0510. Brent crude oil futures were also lower, slipping 1.77% to $89.31 a barrel on the ICE. "The [recent] moves [in bonds] have been driven by forecasts for higher for longer interest rates and strong US economic data that could embolden the Fed to carry out further tight- ening. All eyes are on Friday's labour market figures with a strong US jobs report likely to exacerbate the market's nerv- ousness," said Victoria Scholar, head of investment at Interac- tive Investor. Meanwhile, Neil Wilson, an- alyst at Markets.com, reckons we're seeing a "paradigm shift" in the bond market. "Central banks are no longer buying bonds, they are selling them. This is a mechanistic explana- tion but simple and true - some- one else has to buy the debt and there is a lot more of it now. This can only result in lower prices, higher yields. The great bond bull market is dead, a new bear market is taking over." In European economic data on Wednesday, service-sector purchasing managers' indices (PMIs) across the Eurozone showed improvement in Sep- tember, with the majority beat- ing market expectations. Notably, PMIs in both Spain and Germany returned to positive territory (above the 50-point level), showing that service-sector activity actually increased last month. Services PMIs in France and Italy still remain under 50. In company news, UK retail giant Tesco beat expectations with its interim results as it lift- ed its profit guidance for the full year, as it managed to take advantage of easing consumer price inflation at the till.

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