Tuesday, September 15, 2009

POMSoX UPDATE

LOCAL STOCKS

Trading on the local bourse was quiet with only NBO and OSH seeing trades at K19.00 and K12.70 respectively. Thus the KSi added 31.60 pts to end the day at 5,285.76; IOC fell 1.19 percent on the NYSE to US$29.80 while NBPO in London ended at GBP4.10 which is equivalent to K19.65 on the local market.

Trading momentum still remains steady with bids for BSP are lined up at K0.79 and sellers fro OSH are lined up at K14.50. Kina is opening the day at 0.4434 and selling at K0.4013;

PNG NEWS

The local bourse will not open tomorrow due to our 34th independence celebrations.

MOVERS
Yesterday’s movers on the local bourse 14/09/09:
NBO: 11.76%