LOCAL STOCKS
The local bourse yesterday had gained 2.63 percent to end at K0.78, while OSH dropped 11.7 percent to close the day at K11.20; while others finished unchanged. Overseas last night saw IOC ended weaker US$31.78 likewise NBPO on the LSE finished at GBP3.89.
The local index continues to maintain levels above 5, 000 points despite the price fluctuations for the commodities The pre open phase of the market today has offers for CCP at a low K1.95 while bids are as high as K18.00 for NBO. Our Kina is buying 0.4851 and selling at 0.4391 Aussie this morning.
PNG NEWS
STO - Santos's proposed Gladstone liquefied natural gas project has leapt forward with a first sales deal believed to be worth at least $US17 billion ($A21.45 billion).
MOVERS
Yesterday’s movers on the local market 18/06/09:
BSP: 2.63%
OSH: -11.69%
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