LOCAL STOCKS
Yesterday nothing much happened as small volumes traded for the trading companies; gainers on the day included BSP and LGL gaining 1.26 and 12.37 percent respectively. While on the downside was CPL falling 2.83 percent for the day. NBPO closed at GBP3.76 reflecting a 3.52 percent rise from previous in London.
Pre-open phase of the market today has offers for NBPO as low as K22.00 while buyers are lined up at K11.00 for the day. The market should continue its steady climb as signs that the recession is easing.
MOVERS
Monday’s movers on the bourse 18/05/09:
BSP: 1.26%
CPL: -2.83%
LGL: 12.37%
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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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