LOCAL STOCKS
Nothing much happened yesterday with KSi losing 11.26 points or 0.23% yesterday, closing at 0.23% lower. BSP finishing 1.21 percent weaker to end at K0.81. MGO and OSH closed unchanged with modest volumes changing hands as IOC last night on NYSE finished with reasonable volumes at US$29.87.
The market will operate as normal today with bids for LGL are at K5.75 and OSH buyers bidding at K9.65.
PNG NEWS
OSH: Oil Search Limited announced its annual meeting which is scheduled at 12th May 2009 at Crowne Plaza, Port Moresby; the meeting will start at 11:00am.
MOVERS
Wednesday’s Movers on the local bourse 08/04/09:
BSP: -1.21%
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