LOCAL STOCKS
Tuesday had the market end on a calm note on light volumes; with the highlights of the day was NBO and OSH closing in positive territory at 8.57 and 9.37 percent respectively. Leading the KSi to finish 4 percent higher than previous.
In commodities, gold added 0.71 percent to US$1065 per ounce likewise oil steady above the US$70 mark per barrel.
The market this morning may open flat due to mixed leads from overseas, but may continue to close stronger on the back of positive news. Our kina this morning is buying 0.4312 and selling 0.3903 aussie.
PNG NEWS
MSTG: Metal storms released an announcement on its issue of new ordinary shares.
MOVERS
Tuesday’s movers on the local share market 13/10/09:
NBO: 8.57%
OSH: 9.37%
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