Friday, December 11, 2009

POMSoX UPDATE

LOCAL STOCKS

Thursday had the KSi rose slightly, up by 0.99 pts to end at 6,552. BSP and HIG were the movers yesterday with BSP finishing the day weaker at K0.71 while HIG ended on the upside gaining 8.88 percent to close at K0.98. LGL on the ASX concluded trading at A$3.19 riding on a falling gold price.

In commodities, had gold climb 0.49 percent US$1126 per ounce as spot crude oil ended lower registering a close at US$70.55 per barrel.

This morning, the market is expected to open flat with shares for BSP available at K0.71 and CPL offers are at a low K2.45.

MOVERS
Yesterday’s movers on the local market 10/12/09:
BSP: -1.38%
HIG: 8.88%