LOCAL STOCKS
The market ended the week lower on Friday despite gains in overseas; as BSP and LGL fell 2.46 and 1.33 percent respectively. OSH added 10 toeas to close at K11.60. the markets soared as economic reports flow, that manufacturing and housing should show biggest gains as small improvements signal recession's end.
Positive leads from overseas may have the market open higher today with shares for BSP are at K0.81 while sellers for OSH are as low as K12.70.
PNG NEWS
The kina is weaker this morning buying 0.4570 and selling at 0.4137 Aussie.
MOVERS
Last Friday’s movers on the market 21/08/09:
BSP: -2.46%
LGL: -1.33%
OSH: 0.85%
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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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