Thursday, June 18, 2009

POMSoX UPDATE

LOCAL STOCKS

The bourse closed active yesterday with CPL advancing 2 percent so did LGL surging 8 percent on the back of positive news that the company is within its forecasts to produce 1.2 million ounces this year. OSH jumped13 percent ending K12.57 despite the fall in Oil prices.

The opening phase of the market this morning had trades go through for BSP at K0.77 while offers are available for CPL at K2.47. In Currency news today PGK is buying at a rate of 0.4883 while selling at 0.4420.

MOVERS
Wednesday’s movers on the exchange 17/06/09:
BSP: -2.56%
CPL: 2.08%
LGL: 8.62%
NBO: 0.05%
OSH: 13.24%