LOCAL STOCKS
Trading yesterday on the local bourse ended on a relatively calm note with BSP finishing steady at K0.79 as OSH advanced 3.25 percent to close at K12.70 with a reasonable volume. While NGP closed weaker at K1.84.
The market today may improve as reports are being released showing signs of economic stability. in currency news PGK is buying 0.4415 while the sell rate for Aussie today is 0.3997.
PNG NEWS
CPL: City Pharmacy Limited yesterday reported to the market their 1H results ending 30th June 2009. The results were steady in comparison to the previous corresponding period in 2008; revenues was up 1 percent while the net operating profit was down 25 percent to K2.687 million.
MOVERS
Risers and fallers yesterday on the local share market 09/09/09:
NGP: -0.54%
OSH: 3.25%
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- 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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