Tuesday, April 14, 2009

POMSoX UPDATE

LOCAL STOCKS

On Thursday the local market closed relatively quiet with light volumes changing hands; BSP fell 1.23 percent to K0.80 likewise OSH loosing 34 toeas to close off at K9.66. On the upside was IOC on the NYSE ending the week at US$31.25 with a day’s high of US$31.40.

The market today is expected to see a slow start to the week with bids for MGO at K0.17 while sellers are willing to sell off at K0.23; and OSH has offers as low as K11.55 for today.

MOVERS
Movers last week Thursday 9/04/09:
BSP: -1.23%
CCP: 0.45%
KAM: 0.87%
OSH: -3.40%