Monday, July 13, 2009

POMSoX UPDATE

MONDAY 13th JULY 2009

LOCAL STOCKS

Friday saw the local bourse closed relatively flat, with the financials finishing unchanged likewise NBO ending the week at K17.10, OSH was the only gainer on Friday ending 7 percent higher with small volumes. In overseas over the weekend had IOC closed at US$27.21 while NBPO on the LSE ended at GBP3.50.

The market this morning is expected to open relatively flat with bids for BSP and CCP as low as K0.85 and K1.93 respectively.

PNG NEWS

Kina: The local currency is buying 0.5075 and selling 0.4594 today.

MOVERS
Last Friday’s movers on the local bourse 10/07/09:
OSH: 6.91%