LOCAL STOCKS
Yesterday saw the local market finished stronger adding 3.88 points (0.07%) to 5,133.19; BSP finished steady seeing trades at K0.79 while CGA and KAM closed on the upside at K0.63 and K1.13 respectively. IOC on the NYSE ended losing 12 percent to close at US$32.20.
The market should open slightly higher with most of the offshore markets giving mixed signals. Gold fell 80 cents to US$949.10 while Crude oil maintained its level at US$63.41/ barrel.
MOVERS
Wednesday’s movers on the local bourse 27/05/09:
CGA: 26.00%
KAM: 0.89%
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Stock market and company news from Papua New Guinea
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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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