Tuesday, June 9, 2009

POMSoX UPDATE

LOCAL STOCKS

On Friday saw the local index climbed 9.44 points or 0.18 percent to 5,088.72, due to CCP and LGL posting 0.50 and 1.61 percent gains respectively. OSH slid -0.09 percent to close at K11.00 while in overseas had NBO and IOC closing weaker.

The market is excepted to open lower today with negative leads from the international markets. The pre –open phase of the market has sellers for CPL lined up at K2.46 and offers for LGL are as low as K7.00.

MOVERS
Last Friday’s movers on the exchange 05/06/09:
BSP: -1.26%
CCP: -0.50%
LGL: 1.61%
OSH: -0.09%