POMSoX UPDATE

LOCAL STOCKS

The KSi closed slightly higher yesterday, advancing 0.16 percent to 6728 points. Trading was active with most of the major trading stocks witnessing trades. The movers of the day included BSP and NBO finishing respectively at K0.74 and K17.00. IOC closed weaker at US$61.51 on the NYSE.

The market may open flat due to mixed leads from the international markets, with bids for BSP at a high K0.72 in the pre open phase and sellers for NGP are lined up as low as K1.71. The kina is up this morning and is buying 0.4284 and selling 0.3887 aussie.

MOVERS
Yesterday’s movers on the local bourse 02/12/09:
BSP: -1.33%
NBO: 6.11%