LOCAL STOCKS
The KSi was down 271 points to close at 6177 points yesterday; with BSP losing 1.36 percent on reasonable volumes, likewise did NBO dropping a kina to finish the day at K17.00; while NBO on the LSE ended at GBP3.75 gaining from previous close.
The market today will may open flat with mixed leads from overseas; with bids for CPL are at a high of K2.45 buyers for LGL are queued up at K6.30. In currency news, our kina this morning is buying 0.4370 and selling 0.3956 aussie.
PNG NEWS
NBO: New Britain Palm oil reported that it has signed a 2 year supply agreement with United biscuits a biscuit company in United Kingdom.
MOVERS
Yesterday’s movers on the local bourse 03/11/09:
BSP: -1.36%
CCP: -0.55%
NBO: -5.55%
OSH: -10.00%
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