Tuesday, July 28, 2009

POMSoX UPDATE

LOCAL STOCKS

Yesterday the market closed higher as BSP maintained its trading price at K0.85 and CCP finished unchanged registering trades at K1.89 with light volumes changing hands. MGO and OSH were the highlight of the day after concluding the day higher by 8 and 3.94 percent respectively.

Overseas last night saw the markets finished positive, as such the local bourse is expected to open higher today; with offers for OSH are as low as K11.60 while LGL sellers are lined up at K6.49.

MOVERS
Monday’s movers on the local bourse 27/07/09:
BSP: 1.19%
CGA: 1.44%
MGO: 8.00%
NBO: -0.54%
OSH: 3.94%