LOCAL STOCKS
Tuesday, saw the market finished relatively quiet with only a few trades going through, BSP gained 1 percent to end at K1.00, and MGO ended unchanged at K0.17. In overseas, last night saw NBPO loosing a little to close at GBP2.45 while InterOil in the US fell 6 percent to US$18.10 reaching a high of US$21.00.
The opening phase of the market today has bids for BSP as high as K0.95 while NBO bidders are at K9.51 and KAM sellers at a low K1.17.
PNG NEWS
COY: CopperMoly Limited recently listed on the local market reported yesterday that the first two drills at Nakru-2 prospect have higher grade copper mineralization.
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