Tuesday, January 19, 2010

POMSoX UPDATE

LOCAL STOCKS

The local market opened the week weaker on thin volumes with BSP closed at K0.83 while LGL slid 2.5 percent to end at K7.80, as OSH finished unchanged at K15.00. KSi lost 68 points to close at 6731 points.

Market this morning in its pre open phase has sellers available at K8.50 while bids for NBO are as high as K18.00. Our kina is buying 0.4212 and selling aussie at 0.3813.

MOVERS
Monday’s movers on the bourse 18/01/10;
LGL: -2.50