THURSDAY 2nd JULY 2009
LOCAL STOCKS
The Local bourse closed fairly flat on Wednesday as majority of the securities saw little to no trading at all. NBO was the highlight of the day as it turned around to finish 1.92% higher at K18.01 after falling to K17.67 the previous day. OSH continued to maintain its position at the K11.60 mark regardless of the fall in the oil price from US$71.47 to US$69.82 on the world market yesterday. BSP continues to trade at K0.85 while LGL remains steady at K6.40.
PNG NEWS
The KSi was up yesterday by 5.37 pts or 1.00% to close at 5,206.67 due to NBO turning the tide to finish 34toea higher at K18.01.
MOVERS
Wednesday’s movers on the local market 01/07/09:
NBO: 1.92%
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