LOCAL STOCKS
Trading on the local bourse was light with HIG and OSH ending on the upside while BSP fell 3.52 percent on light volumes; the markets finished mixed yesterday after some profit taking and weaker commodity prices overnight. Our dual listed NBPO ended GBP3.58 losing 0.83 percent in London.
The local market is expected to open lower due to the markets concluding the day mixed. BSP shares are available at K0.85 while sellers for CPL are at a low K2.47.
PNG NEWS
In currency news, our kina closed lower yesterday, as demand outstripped supply for another week. Our kina is buying 0.4729 and selling 0.4281 Aussie today.
MOVERS
Tuesday’s movers on our share market 28/07/09:
BSP: -3.52%
HIG: 4.00%
OSH: 0.51%
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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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