POMSoX UPDATE

LOCAL STOCKS

Trading was not as active yesterday with light volumes changing hands. LGL saw trades go through at K5.00 while the offers for NBO closed at K10.00. Last night in London had NBPO finished up 12 percent registering trades at GBP2.60, while IOC ended at US$19.00 in the US.

The market today will be off to a sluggish start but should settle stronger on the back of more positive news from the trading companies. With offers for CPL are at a low of K2.50 in the pre-open stages of the market.

MOVERS
Yesterday’s mover on POMSoX 12/02/09:
BSP:-1.01%