TUESDAY 29th SEPTEMBER 2009
LOCAL STOCKS
Reasonable volumes changed hands for BSP at K0.80 as bids closed the day at a high K0.78; OSH also climbed 7.14 percent closing the day at K15.00 despite the commodity ending weaker in the markets. NBPO finished steady last night on the LSE at GBP3.90. KSi yesterday posted 3.02 percent gain to close at 5, 758.66.
The market today has sellers available at K5.75 while NGP offers are at a low K1.80. The Kina is buying 0.4394 and selling 0.3977 aussie.
PNG NEWS
COY: CopperMoly yesterday announced that the Shortfall from issue raises $1,515,245 to prepare for Nakru drilling programme.
CUE: Cue Energy resources also released its annual results for 2008.
MOVERS
Yesterday’s movers on the local bourse 28/09/09:
BSP: 1.26%
OSH: 7.14%
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