LOCAL STOCKS
Generally, all the markets closed higher riding on stronger manufacturing activity around the world and firmer oil prices. The local bourse on the other hand finished slightly lower by 0.32 points to 6815 with CGA being the only mover sliding 1.61 percent to end at K0.61.
On the resources front, the base metals were all up with reasonable gains; gold advanced 2.13 percent to US$1120 per ounce and likewise did oil edging over the US$80mark to US$81.70 per barrel.
The market this morning is expected to continue its upward trend however, on light volumes. Offers for BSP and CCP are available at K0.85 and K1.77.
MOVERS
Yesterday risers and fallers on the market 04/0110:
CGA: -1.61%
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- BSP Capital is the leading stock broker and fund manager in Papua New Guinea. This site is designed to offer open discussion and market information. Nothing on this site should be thought of as investment advice. There are risks to investing and not all risks are explained here. Always speak with an adviser before investing. www.bsp-capital.com
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