Issue link: https://maltatoday.uberflip.com/i/1517430
SYMBOL LAST CHANGE % HIGH LOW DOW JONES – US 33,561.80 -56.88 -0.17% 33,656.40 33,509.70 NASDAQ – US 12,179.50 +0.00 +0.00% 12,216.10 12,174.10 S&P 500 – US 4,119.17 -18.95 -0.46% 4,130.35 4,116.65 RUSSELL 2000 – US 1,749.68 -4.79 -0.27% 1,756.09 1,737.70 S&P TSX – CANADA 20,585.70 +0.58 +0.00% 20,599.00 20,455.50 IPC – MEXICO 55,452.70 +419.61 +0.76% 55,497.80 54,899.40 FTSE – UK 7,750.80 -13.29 -0.17% 7,778.98 7,750.37 CAC 40 – FRANCE 7,373.77 -23.40 -0.32% 7,416.32 7,373.20 DAX 40 – GERMANY 15,886.20 -69.32 -0.43% 15,980.80 15,884.00 FTSE MIB – ITALY 27,325.70 -57.80 -0.21% 27,476.40 27,324.70 MICEX – RUSSIA 2,524.31 -3.28 -0.13% 2,535.03 2,483.79 NIKKEI 225 – JAPAN 29,122.20 -120.64 -0.41% 29,195.20 29,070.10 SHANGHAI COMPOSITE – CHINA 3,319.15 -38.52 -1.15% 3,349.72 3,305.25 HANG SENG – HONG KONG 19,776.90 -90.64 -0.46% 19,880.00 19,696.60 NIFTY 50 – INDIA 18,249.10 -16.90 -0.09% 18,323.20 18,211.90 KOSPI – KOREA 2,496.51 -13.55 -0.54% 2,510.13 2,488.42 14.3.2024 9 NEWS / MARKETS International Markets Global Indices Trading Date: 13 March 2024 FTSE 100 Daily Price Chart DAX 40 Daily Price Chart DISCUSSIONS are currently underway regarding the adoption of a new restriction under REACH, a Europe- an regulation for the registration, evaluation, authori- sation and restriction of chemicals. The overall objective is to restrict the manufactur- ing and sale of PFASs in the European Economic Area. PFAS is a group of chemicals used to make fluoropol- ymer coatings and products that resist heat, oil, stains, grease and water which have negative implications on both the environment and human health. Their phasing out may prove to be an extreme chal- lenge due to their decades-long and widespread use. The identification of viable alternatives possibly can take years. Potential restrictions may result in significant impli- cations on the European industry. The supply of chem- icals needs to be ensured to avoid market disruptions and significantly increased prices. A total ban on PFASs would result in the over-reli- ance on imports from outside of the EU. This will also cause several EU and local manufacturers potentially needing to reengineer their production processes, pro- cure different equipment and use other materials. An information session on 27th March 2024 at 8h30 at The Palace, Sliema is being organised by Malta En- terprise for industry and stakeholders to familiarise themselves with the upcoming revisions of the REACH regulation and to evaluate foreseeable impacts on the industry. During the in-person event, an expert from the Euro- pean Chemical Industry Council (CEFIC) will address the participants. Malta Enterprise to brief companies on possible EU industrial chemicals restrictions