Tuesday, April 28, 2009

POMSoX UPDATE

LOCAL STOCKS

The local market yesterday opened the week lower with the KSi ending 1.57 points down to 4,953.19. BSP and NBO finished unchanged registering trades at K0.79 and K14.50 respectively, as OSH slid 0.09 percent. IOC lost 5.73 percent to close at US$28.94 with a day’s high of US$30.70.

In the pre open phase of the market today has offers for NBO at K20.00 while LGL sellers are lined up at K7.00.

PNG NEWS

BSP: Bank South Pacific Limited announced the yesterday the resignation of Vai Reva and the appointment of Kostas Constatinou as a Director of BSP.

MOVERS
Monday’s movers on the local market 27/04/09:
OSH: -0.09%