Tuesday, July 7, 2009

POMSoX UPDATE

LOCAL STOCKS

KSi opened the week lower losing 56 points to end 5,191.73, trading was quiet with light volumes. BSP and OSH finished the day unchanged as NBO and CCP closed in the red. IOC also fell 5.29 percent on the NYSE, likewise did NBPO in London closing at GBP3.50.

The local market is expected to open flat today with mixed leads form the international markets. In the pre-open phase of the market this morning has bids for BSP as high as K0.80. In currency our Kina is buying 0.4955 and selling 0.4485 Aussie today.

MOVERS
Yesterday’s movers on the local bourse 06/07/09:
CCP: -0.51%