LOCAL STOCKS
The market closed fairly calm yesterday with OSH ending in negative territory seeing trades at K11.26 while LGL and NBO closed on the upside. BSP again due to a large supply finished steady at K0.79 thus dragging the KSi down 152.49 points to end at 5,045.59.
The slide in the markets may be extended on the back of negative leads from overseas markets. The local market this morning has buyers for LGL at a high K5.90 and bids for NGP queued at K1.90. In currency news, kina is buying 0.4566 and selling 0.4133 Aussie today.
MOVERS
Yesterday’s movers on the local share market 02/09/09:
LGL: 3.50%
NBO: 2.94%
OSH: -10.63%
skip to main |
skip to sidebar
Stock market and company news from Papua New Guinea
About us
- 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
Posts
