LOCAL STOCKS
KSi advanced 3.48 percent to end at 6965 points on light volumes yesterday, with LGL closing stronger tracking higher commodity prices, while BSP and OSH finished steady at K0.84 and K15.00 respectively. IOC slid 2.57 percent to close at $72.82 on reasonable volumes.
The market in its pre-open phase today, has sellers available for BSP at K0.83, while bids for LGL are at a high K8.00. The trend is expected to continue as the week progresses with positive leads from the overseas markets.
MOVERS
Monday’s movers on the bourse 18/01/10;
LGL: 8.97%
MGO: -28.00%
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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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