POMSoX UPDATE

LOCAL STOCKS

The local market closed on another calm note on thin volumes; BSP finished steady at K0.83 with NBO and OSH ending weaker by 3.33 and 2 percent respectively. While on the LSE, NBO lost 7pence to end the day at GBP4.46 which is equivalent to K20.55.

The market this morning is expected to open weaker on the back of negative leads from the overseas markets; with CCP offers are available at K1.75 whereas bids for CPL are as high as K2.60. The kina is selling aussie at 0.3905 this morning.

MOVERS
Yesterday’s risers and fallers on the market 21/01/10;
NBO: -3.33%
OSH: -1.96%