LOCAL STOCKS
The market continued its upward trend yesterday with KSi closing higher by 25.39 points (0.5%) to 5,066.53. BSP advanced by 1.26 percent likewise NBO surged 5 percent while on the LSE it dropped to GBP3.60. MGO and MSC finished unchanged at K0.27 and 6 toea respectively.
Today has bids for HIG as high as 20 toeas as OSH buyers are lined up at K11.01 in the opening phase of the market.
PNG NEWS
STO: Santos a major partner in the development of LNG project in PNG raised $1.75 billion yesterday.
MOVERS
Movers on the market yesterday 13/05/09;
BSP: 1.26%
NBO: 5.10%
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- BSP Capital
- 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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