LOCAL STOCKS
On Friday saw the local bourse closed calm with trades going through for BSP at K0.85; NBO fell 3.22 percent to end at K17.10, as other finished unchanged. Overseas markets saw IOC concluded the week at US$29.67 reaching a high of US$30.80 as NBPO on the LSE ended at GBX350.00.
The local market is forecasted to maintain current trading levels as we move into the second half of the year, as most of the international indices closing weaker last week.
PNG NEWS
PNG Kina: Our local currency is buying 0.4957 Aussie and selling 0.4487 Aussie, while PGK is averaging 0.3753 US.
MOVERS
Movers last week Friday included NBO falling 3.22 percent.
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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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