POMSoX UPDATE

LOCAL STOCKS

The local bourse closed relatively active with BSP registering trades at K0.74 with a day’s high of K0.75. HIG on the other hand dropped 11 percent to close at K0.80, while CPL finished steady at K2.45 on light volumes. KSi edged higher by 5 percent to conclude the day at 6570 points.

No other company news, but the market looks to gain on trading momentum as the festive season nears. The market may have a lower start today with negative leads from overseas. Kina this morning is buying 0.4386 and selling 0.3970 aussie.

MOVERS
Yesterday’s movers on the local bourse 17/12/09:
HIG: -11.11%
OSH: 0.28%