THURSDAY 26th NOVEMBER 2009
LOCAL STOCKS
The local bourse closed high yesterday with substantial number of volumes changing hands for BSP, NBO and OSH with others trailing behind. BSP gained 2.81 percent while OSH gained 0.06 percent after weak finish yesterday. Other stocks remain unchanged as of last trade. NBO in London ended the day stronger at £3.825 gaining 2.5 percent.
The market this morning may open high on the back of continued positive leads from the overseas markets. Encouraging economic data from US edged up US stocks, however, US dollar tumbled by 0.7% to an almost 15 -months low against basket of currencies . Mining, oil and gas companies are expected perform better today at the back of depreciating US currency.
Kina this morning is up buying 0.4315 and selling 0.3906 aussie.
LOCAL NEWS
LGL: Lihir Gold Limited (LGL) declared an interim dividend of US$0.015 (1.5 US cents) per ordinary share on 29th October 2009.
MSTG: Metal Storm has announced the equity and debt subscription agreement for an investment of US$35 million by Assure Fast Holdings Limited.
MOVERS
Yesterday move on the local bourse 25/11/2009:
BSP: 2.81%
OSH: 0.06%
skip to main |
skip to sidebar
Stock market and company news from Papua New Guinea
About us
- BSP Capital
- BSP Capital is the leading stock broker and fund manager in Papua New Guinea. This site is designed to offer open discussion and market information. Nothing on this site should be thought of as investment advice. There are risks to investing and not all risks are explained here. Always speak with an adviser before investing. www.bsp-capital.com
Posts
