Friday, September 4, 2009

POMSoX UPDATE

LOCAL STOCKS

Nothing much happened on the bourse yesterday with BSP sliding 1.26 percent to close at 0.78; on the upside was OSH ending 3 percent higher finishing at K11.60. While MGO in the ASX jumped almost 80 percent concluding the day at A$0.185. The KSi closed slightly higher adding 35 points to 5,079.15.

Sellers for BSP are lined at a low K0.78 while shares for NBO are available at K17.00. The kina is buying 0.4536 and selling 0.4106 Aussie today. The momentum may slowly pick up as we progress through the day.

MOVERS
Thursday’s movers on the local bourse 03/09/09:
BSP: -1.26%
NBO: -2.85%
OSH: 3.01%