POMSoX UPDATE

LOCAL STOCKS

Last week Friday saw the local market closed active with almost all the trading stocks registering trades; BSP and OSH were the highlights finishing stronger at K0.74 and K15.00 respectively. While on the NYSE IOC closed at US$70.33 reaching a high of US$70.55. Gold was down by 0.59 percent to US$1120 per ounce likewise oil finishing just under US$70.00 per barrel.

This morning should have the market open flat with mixed leads from overseas. BSP shares are available at K0.74 while buyers for HIG are bidding as high as K0.80.

MOVERS
Friday’s movers on the bourse 11/12/09:
BSP: 4.22%
OSH: 7.14%