Thursday, January 14, 2010

POMSoX UPDATE

LOCAL STOCKS

Wednesday saw the local index close higher by 5 percent to 6797 points. OSH tracked stronger commodity prices to close higher at K15.00 on reasonable volumes. Whereas the others finished unchanged with CCP registering trades at K1.76.
Last night in the commodities markets, had all the base metals finished up while crude fell $1.15 to end at $79.64 per barrel.

Today may see the market open flat with mixed leads from the overseas markets but should close stronger as the week closes after optimism in earnings of the local companies. BSP shares are available at a low K0.84.

MOVERS
Yesterday’s movers on the bourse 13/01/10;
OSH: 15.38%