LOCAL STOCKS
Friday saw the local bourse closed calm with NBO and BSP registering trades at K19.00 and K0.78 respectively. Sellers for KAM ended the day at K1.10; our broader KSi advanced 1.54 percent to conclude trading for the week at at 5,421.84.
The market may open higher today after positive leads from overseas markets; Our Kina is buying and selling at 0.4419 and 0.4000 Aussie.
PNG NEWS
OSH: Oil Search Limited released its drilling report on its assets in Lybia and Yemen.
MOVERS
Last Friday’s movers on the local bourse 18/09/09:
BSP: -1.26%
NBO: 11.69%
OSH: 3.17%