LOCAL STOCKS
The KSi traded higher on Tuesday, closing 7.12 points or 0.14 percent at 4,960.31. Gainers for the day included BSP, CGA and NBO with 1.26, 9.09 and 13.84 percent respectively. While on the downside was OSH loosing 26 toeas to end at K10.50. NBO last night lost 25pence to close at GBp3.79 (K16.85).
Pre open phase of the market today has offers for LGL as low as K6.50 while buyers for NBO are queued at K16.51.
PNG NEWS
SST: Steamships Trading Company reported to the market that its annual meeting is scheduled for the 19th May 2009; the venue will be at the registered office in Port Moresby.
CUE: CUE Energy released to the market its Q1 results for the year highlighting a revenue for the quarter was A$5.8 million.
MOVERS
Yesterday’s movers on the local bourse 28/04/09:
BSP: 1.26%
CGA: 9.09%
CPL: -0.40%
LGL: 0.16%
NBO: 13.86%
OSH: -2.41%
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