Friday, September 18, 2009

POMSoX UPDATE

LOCAL STOCKS

Trading activity was relatively quiet , with only a few trades go through for BSP at K0.79. OSH ended slightly higher adding 10 toeas to K12.61; While CGA and LGL closed unchanged. The KSi posted 28 points to finish higher at 5,339.50.
Today in the pre-open phase of the market had buyers queued up at K0.75 for BSP while a reasonable volume is available at K0.80.

PNG NEWS

CUE: Cue energy Resources limited yesterday released to the market an announcement on the appointment of Andrew Knox as the company’s director.

MOVERS
Thursday’s movers on the local bourse 17/09/09:
BSP: 1.28%
OSH: 0.79%