POMSoX UPDATE

THURSDAY 24th DECEMBER 2009

LOCAL NEWS

Yesterday, the bourse closed active again with reasonable volumes changing hands for BSP and LGL. NGE dropped 10 toeas tracking a stronger US dollar pushing the commodity prices lower previously. While OSH finished slightly up at K14.00. IOC continued to surge on the back of signing of the LNG project with the State.

The market may finish relatively flat as per leads from overseas. As our kina this morning is buying 0.4423 and selling at 0.4004 aussie.

MOVERS
Yesterday’s movers on the local bourse 23/12/09:
CGA: -3.17%
NBO: 2.85%
NGE: -20.00%
OSH: 0.07%