Friday, August 21, 2009

POMSoX UPDATE

LOCAL STOCKS

The KSi gained some territory adding 84 points to 5,123.48 on modest volumes after positive leads from overseas fueled by oil; NBO and OSH closed stronger at K17.00 and K11.50 respectively as BSP finished unchanged.

The market may open flat, with bids for BSP as high as K0.81 while sellers for NBO are at K17.00. Kina is buying 0.4606 and selling at a rate of 0.4169.

MOVERS
Yesterday’s movers on the local bourse 20/08/09:
NBO: 9.60%
OSH: 3.51%