LOCAL STOCKS
The local market closed on a calm note yesterday, with CCP seeing reasonable volumes being traded at K2.35, as MSC finished 6 toeas. Last night on the AMEX saw IOC climbed 13 percent to conclude the day at US$22.50 while NBPO in London registered trades at GBP2.43.
In the pre-open phase of the market today has offers for BSP as low as K0.96 and bids for NBO are as high as K9.83, trading activity should slowly pick up as the day develops.
PNG NEWS
IOC: InterOil Corporation today reported on their gas discovery in the Antelope structure that the gas flow in PNG is a “world record natural gas discovery” and should place PNG as a co-leader with Australia in supplying Asian markets.
MOVERS
Yesterday’s movers on the local bourse 02/03/09:
BSP: 1.05%
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- BSP Capital is the leading stock broker and fund manager in Papua New Guinea. This site is designed to offer open discussion and market information. Nothing on this site should be thought of as investment advice. There are risks to investing and not all risks are explained here. Always speak with an adviser before investing. www.bsp-capital.com
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2009
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March
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- POMSoX UPDATE
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- IOC News Release
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- Commodities
- IOC Retains its Financial advisors
- POMSoX UPDATE
- BSP Full Year Results ending 31st Dec 2008
- POMSoX UPDATE
- POMSoX UPDATE
- CPL preliminary final report for the period ending...
- IOC to present at the Raymond James 30th Instituti...
- POMSoX UPDATE
- Lihir completes US$325m Institutoinal Placement
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- InterOil News Release
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March
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