LOCAL STOCKS
Yesterday, saw the market ended on a calm note with not much turn over, with most of the trading stocks concluding the day unchanged. BSP finished at K0.75 and NBO ended the day at K19.00. KSi saw a small decline to close at 6278 points.
In commodities, most of the base metals closed on the downside, with oil losing $1.78 to US$78.22 per barrel while gold ended higher at US$1106.10 per ounce.
This morning may see the market open lower with mixed leads from the overseas markets. The POMSoX today has bids for LGL at K7.00, NBO at K17.60 whilst OSH has offers at K13.20. Today the Kina is buying 0.4230 Australian Dollars.
MOVERS
Movers for Thursday 25/02/10:
CCP: -0.60%
Friday, February 26, 2010
Tuesday, February 23, 2010
POMSoX UPDATE
LOCAL STOCKS
The bourse closed relatively calm with CCP and NGP closing weaker at K1.75 and K1.40 respectively; while CPL advanced 3.32 percent to end at K2.80 as OSH edged higher to close at K13.50.
The bourse has bids for CCP at K1.60 while NBO offers are available at K18.50 today and kina is selling aussie at 0.3849.
PNG NEWS
OSH: Oil search reported to the market on its end of year 2009 accounts posting a net profit after tax excluding significant items of US$99.6million, riding on a 35 percent fall in the average realized oil price combined with 7 percent decline in oil sales.
MOVERS
Monday’s movers on the bourse 22/02/10;
CCP: -1.21%
CPL: 3.32%
NGP: -18.60%
OSH: 0.74%
The bourse closed relatively calm with CCP and NGP closing weaker at K1.75 and K1.40 respectively; while CPL advanced 3.32 percent to end at K2.80 as OSH edged higher to close at K13.50.
The bourse has bids for CCP at K1.60 while NBO offers are available at K18.50 today and kina is selling aussie at 0.3849.
PNG NEWS
OSH: Oil search reported to the market on its end of year 2009 accounts posting a net profit after tax excluding significant items of US$99.6million, riding on a 35 percent fall in the average realized oil price combined with 7 percent decline in oil sales.
MOVERS
Monday’s movers on the bourse 22/02/10;
CCP: -1.21%
CPL: 3.32%
NGP: -18.60%
OSH: 0.74%
Friday, February 19, 2010
POMSoX UPDATE
LOCAL STOCKS
Thursday, had the market closed calm over thin volumes, with NBO advancing 2.27 percent to end at K18.50 while OSH fell 20 toeas to K13.20. IOC closed higher at US$68.80 as OSH on the ASX market finished at A$5.24.
In commodities, last night saw both oil and the precious metal gained grounds to finish at US$78 and US$1122.00 respectively, supported by a weakening greenback.
Today has bids for CCP as high as K1.60 while sellers are at a low as K1.75. Kina this morning is buying 0.4277 and selling 0.3872 aussie.
PNG NEWS
IOC: Inter Oil Corporation could be sitting on more than 8 trillion cubic feet of contingent recoverable gas resources at its Elk/Antelope field in Papua New Guinea and also the evaluation from GLJ Petroleum Consultants also estimates initial recoverable condensate at 156.5 million barrels as at December 31, 2009.
MOVERS
Thursday’s movers on bourse 18/02/10:
NBO: 2.27%
OSH: -1.49%
Thursday, had the market closed calm over thin volumes, with NBO advancing 2.27 percent to end at K18.50 while OSH fell 20 toeas to K13.20. IOC closed higher at US$68.80 as OSH on the ASX market finished at A$5.24.
In commodities, last night saw both oil and the precious metal gained grounds to finish at US$78 and US$1122.00 respectively, supported by a weakening greenback.
Today has bids for CCP as high as K1.60 while sellers are at a low as K1.75. Kina this morning is buying 0.4277 and selling 0.3872 aussie.
PNG NEWS
IOC: Inter Oil Corporation could be sitting on more than 8 trillion cubic feet of contingent recoverable gas resources at its Elk/Antelope field in Papua New Guinea and also the evaluation from GLJ Petroleum Consultants also estimates initial recoverable condensate at 156.5 million barrels as at December 31, 2009.
MOVERS
Thursday’s movers on bourse 18/02/10:
NBO: 2.27%
OSH: -1.49%
Thursday, February 18, 2010
POMSoX UPDATE
LOCAL STOCKS
The bourse closed quiet yesterday with light volumes changing hands, the mover on the day was CPL advancing 0.37 percent as OSH registered trades at K13.40 with bids closing at a high K12.10. The KSi edged higher from previous closing at 6307 points.
The opening phase of the market has buyers lined up at K0.76 for BSP while sellers for NBO are available at K18.50. Kina this morning is buying 0.4257 and selling aussie at 0.3854.
PNG NEWS
LGL: Lihir Gold Limited this morning released its 2009 results highlighting a 57pc jump in its underlying profit and a record output of 1.12 million ounces; with a positive and steady outlook over the following 12 months.
MOVERS
Wednesday’s movers on the market 17/02/10;
CPL: 0.37%
The bourse closed quiet yesterday with light volumes changing hands, the mover on the day was CPL advancing 0.37 percent as OSH registered trades at K13.40 with bids closing at a high K12.10. The KSi edged higher from previous closing at 6307 points.
The opening phase of the market has buyers lined up at K0.76 for BSP while sellers for NBO are available at K18.50. Kina this morning is buying 0.4257 and selling aussie at 0.3854.
PNG NEWS
LGL: Lihir Gold Limited this morning released its 2009 results highlighting a 57pc jump in its underlying profit and a record output of 1.12 million ounces; with a positive and steady outlook over the following 12 months.
MOVERS
Wednesday’s movers on the market 17/02/10;
CPL: 0.37%
Tuesday, February 16, 2010
POMSoX UPDATE
TUESDAY 16th FEBURARY 2010
LOCAL STOCKS
Yesterday, saw the market open the week lower by less than a percent to 6323 points. BSP edged lower by 1.28 percent to close at K0.77 while NGP gained territory to end the day at K1.72 as others finished unchanged. Not much happened in the United States due to President’s day holiday.
In the pre-open phase of the market this morning, we have bids queued up for NBO and CPL at K18.00 and K2.70 respectively. While in currency news, our kina is buying aussie dollar at 0.4332 and selling at 0.3921.
On the corporate front, Bougainville Copper Limited (BCL) trading under the ticker symbol “BOC” on the ASX reported a net profit of A$4.3m (K8.7m) for the year ending 31st December 2009.
MOVERS
Yesterday’s movers on the market 15/02/10;
BSP: down by 1.28% to K0.77, from K0.78
NGP: up by 18.62% to K1.72, from K1.45
KSI: down by 0.07% to6,323.48, from 6,328.22
LOCAL STOCKS
Yesterday, saw the market open the week lower by less than a percent to 6323 points. BSP edged lower by 1.28 percent to close at K0.77 while NGP gained territory to end the day at K1.72 as others finished unchanged. Not much happened in the United States due to President’s day holiday.
In the pre-open phase of the market this morning, we have bids queued up for NBO and CPL at K18.00 and K2.70 respectively. While in currency news, our kina is buying aussie dollar at 0.4332 and selling at 0.3921.
On the corporate front, Bougainville Copper Limited (BCL) trading under the ticker symbol “BOC” on the ASX reported a net profit of A$4.3m (K8.7m) for the year ending 31st December 2009.
MOVERS
Yesterday’s movers on the market 15/02/10;
BSP: down by 1.28% to K0.77, from K0.78
NGP: up by 18.62% to K1.72, from K1.45
KSI: down by 0.07% to6,323.48, from 6,328.22
Monday, February 15, 2010
POMSoX UPDATE
LOCAL STOCKS
The local market last Friday, has seen a small volume of 12,000 worth K59,900 for equities traded, meanwhile the debt product, BSPHA had 21 notes traded at K25,450.00. NBO and OSH sheds K1.40 and 49t respectively to close low at K17.60 and K13.50, while MGO and BSP gained 33.33% and 1.29% respectively to close high at 48t and 78t. Other stocks on the local bourse closed unchanged.
Our market this morning is expected to open flat as a result of increased bank reserve requirements of 50bps by China’s central bank to curtail lending by commercial banks, slow Europe’s economy recovery and Greece debt worries still lingered. The pre – open phase of the market, has buyer for BSP note queued at K24,450.00, whereas bidders for CPL remain active at K2.71. Our kina this morning is buying aussie at 0.4337 and selling at 0.3926
MOVERS
Yesterday’s movers on the market 12/02/10;
BSP: up by 1.29% to K0.78, from K0.77
OSH: down by 3.5% to K13.50, from K13.99
MGO: up by 33.33% to 48t, from 0.36t
NBO: down by 7.36% to K17.60, from K18.50
KSI: down by 1.40% to 6,328.22, from 6,619.43
The local market last Friday, has seen a small volume of 12,000 worth K59,900 for equities traded, meanwhile the debt product, BSPHA had 21 notes traded at K25,450.00. NBO and OSH sheds K1.40 and 49t respectively to close low at K17.60 and K13.50, while MGO and BSP gained 33.33% and 1.29% respectively to close high at 48t and 78t. Other stocks on the local bourse closed unchanged.
Our market this morning is expected to open flat as a result of increased bank reserve requirements of 50bps by China’s central bank to curtail lending by commercial banks, slow Europe’s economy recovery and Greece debt worries still lingered. The pre – open phase of the market, has buyer for BSP note queued at K24,450.00, whereas bidders for CPL remain active at K2.71. Our kina this morning is buying aussie at 0.4337 and selling at 0.3926
MOVERS
Yesterday’s movers on the market 12/02/10;
BSP: up by 1.29% to K0.78, from K0.77
OSH: down by 3.5% to K13.50, from K13.99
MGO: up by 33.33% to 48t, from 0.36t
NBO: down by 7.36% to K17.60, from K18.50
KSI: down by 1.40% to 6,328.22, from 6,619.43
Friday, February 12, 2010
POMSoX UPDATE
LOCAL STOCKS
Yesterday’s trades have seen KSI ended high, up by 5.56% to closed stronger at 6,619.43, as OSH gained 99t to close at K13.99, while BSP shed 0.1t to close at K0.77; all on reasonable volumes. Other stocks remained unchanged.
The market this morning is expected to open high, at the back of positive leads from the offshore markets as European leaders pledged to help Greece with its growing debt crisis. CPL bidders have increased their buying interest by another 0.1t to last at K2.71, meanwhile offers for LGL are now queued at K7.50. Our kina this morning is buying aussie at 0.4322 and selling at 0.3912.
MOVERS
Yesterday’s movers on the market 11/02/10;
BSP: down by 1.26% to K0.77, from K0.78
OSH: up by 7.61% to K13.99, from K13.00
KSI: up by 5.56% to 6,619.43, from 6,271.01
Yesterday’s trades have seen KSI ended high, up by 5.56% to closed stronger at 6,619.43, as OSH gained 99t to close at K13.99, while BSP shed 0.1t to close at K0.77; all on reasonable volumes. Other stocks remained unchanged.
The market this morning is expected to open high, at the back of positive leads from the offshore markets as European leaders pledged to help Greece with its growing debt crisis. CPL bidders have increased their buying interest by another 0.1t to last at K2.71, meanwhile offers for LGL are now queued at K7.50. Our kina this morning is buying aussie at 0.4322 and selling at 0.3912.
MOVERS
Yesterday’s movers on the market 11/02/10;
BSP: down by 1.26% to K0.77, from K0.78
OSH: up by 7.61% to K13.99, from K13.00
KSI: up by 5.56% to 6,619.43, from 6,271.01
Thursday, February 11, 2010
POMSoX UPDATE
LOCAL STOCKS
The local market edged flat yesterday , with large volumes crossed for BSP at K1.78, BSPHA at K25450, up by 1.23% from the previous price of K25,140, and CCP at K1.76. Other stocks on the market remain unchanged. IOC on New York Stock Exchange shed 0.44 percent to close low at US$62.73.
We have offers for MGO lined at 30t, meanwhile bidders for CPL are queued at K2.70. Our Kina this morning is buying aussie at 0.4386 and selling at 0.3970.
MOVERS
Yesterday’s movers on the market 11/02/10;
BSPHA: Up by1.23% to K25,450, from K25,140
The local market edged flat yesterday , with large volumes crossed for BSP at K1.78, BSPHA at K25450, up by 1.23% from the previous price of K25,140, and CCP at K1.76. Other stocks on the market remain unchanged. IOC on New York Stock Exchange shed 0.44 percent to close low at US$62.73.
We have offers for MGO lined at 30t, meanwhile bidders for CPL are queued at K2.70. Our Kina this morning is buying aussie at 0.4386 and selling at 0.3970.
MOVERS
Yesterday’s movers on the market 11/02/10;
BSPHA: Up by1.23% to K25,450, from K25,140
Tuesday, February 9, 2010
POMSoX UPDATE
LOCAL STOCKS
The bourse was quiet yesterday, with light volumes crossing for CCP at K1.76 as OSH ended the day at K13.20 with a day’s high of K13.21 while others finished unchanged. The KSi was weaker, down by 2 pts to end at 6,310.82. In currency news today, our kina is buying 0.4468 and selling 0.4044 aussie today.
This morning has buyers lined up at K2.70 for CPL, while sellers are queued up at a low K19.00 In the pre-open phase of the market.
MOVERS
Yesterday’s movers on the market 08/02/10;
CCP: 0.56%
OSH: -0.07%
The bourse was quiet yesterday, with light volumes crossing for CCP at K1.76 as OSH ended the day at K13.20 with a day’s high of K13.21 while others finished unchanged. The KSi was weaker, down by 2 pts to end at 6,310.82. In currency news today, our kina is buying 0.4468 and selling 0.4044 aussie today.
This morning has buyers lined up at K2.70 for CPL, while sellers are queued up at a low K19.00 In the pre-open phase of the market.
MOVERS
Yesterday’s movers on the market 08/02/10;
CCP: 0.56%
OSH: -0.07%
Friday, February 5, 2010
POMSoX UPDATE
LOCAL STOCKS
Local market closed strong on reasonable volumes of shares changed hands with NBO was down by 0.026 to K18.50, BSP shed 0.013 to 78t, meanwhile CCP gained 0.056 to K1.770 and OSH was up by 0.11 to close at K15.00.
Local market this morning may open flat at the back of weak leads from the offshore markets. CPL bidders are now lined at K2.70, while NGP are on offer at K1.720. KSI was up by 232.39 pts to close at 6,763.24. Our kina this morning is buying aussie at 0. 4490 and selling at 0.4065.
MOVERS
Yesterday’s risers and fallers on the market 4/02/01;
BSP: -1.26%
CCP: 0.56%
NBO: -2.63%
OSH: 11.11%
KSI: 3.56%
Local market closed strong on reasonable volumes of shares changed hands with NBO was down by 0.026 to K18.50, BSP shed 0.013 to 78t, meanwhile CCP gained 0.056 to K1.770 and OSH was up by 0.11 to close at K15.00.
Local market this morning may open flat at the back of weak leads from the offshore markets. CPL bidders are now lined at K2.70, while NGP are on offer at K1.720. KSI was up by 232.39 pts to close at 6,763.24. Our kina this morning is buying aussie at 0. 4490 and selling at 0.4065.
MOVERS
Yesterday’s risers and fallers on the market 4/02/01;
BSP: -1.26%
CCP: 0.56%
NBO: -2.63%
OSH: 11.11%
KSI: 3.56%
Thursday, February 4, 2010
POMSoX UPDATE
LOCAL STOCKS
The market yesterday had a relatively active day with reasonable volumes changing hands for CPL and NGP, with both stocks closing at K2.75 and K1.50 respectively. While OSH finished steady at K13.50, and the KSi closed lower, down almost 2 percent to 6530 points.
CPL bidders are lined up at a high K2.70, while BSP due to reasonable sell pressure has sellers queued up at a low K0.79, in today’s pre-open phase.
MOVERS
Yesterday’s movers on the market 3/02/10;
CPL: 3.84%
MGO: -23.40%
NBO: 2.15%
NGP: -12.79%
The market yesterday had a relatively active day with reasonable volumes changing hands for CPL and NGP, with both stocks closing at K2.75 and K1.50 respectively. While OSH finished steady at K13.50, and the KSi closed lower, down almost 2 percent to 6530 points.
CPL bidders are lined up at a high K2.70, while BSP due to reasonable sell pressure has sellers queued up at a low K0.79, in today’s pre-open phase.
MOVERS
Yesterday’s movers on the market 3/02/10;
CPL: 3.84%
MGO: -23.40%
NBO: 2.15%
NGP: -12.79%
Wednesday, February 3, 2010
POMSoX UPDATE
LOCAL STOCKS
Tuesday saw the KSI shed 3.25 points to close at 6,532, with HIG and MGO were down by 15.78 and 2.08 percent respectively, meanwhile CCP, NBO and NGP advanced by half a percentage each. IOC on NYSE added US$3.97 to close at US$66.65.
Our market this morning may open on calm note at the back moderate finish by offshore markets last night. The pre – open phase of market saw NGE bidders lined at 36t, while offers for CPL are at K2.75.
MOVERS
Yesterday’s risers and fallers on the market 3/02/10;
CCP: 0.57%
HIG: -15.78%
MGO: 2.08%
NBO: 0.54%
NGP: 0.58 %
KSI: -0.05%
Tuesday saw the KSI shed 3.25 points to close at 6,532, with HIG and MGO were down by 15.78 and 2.08 percent respectively, meanwhile CCP, NBO and NGP advanced by half a percentage each. IOC on NYSE added US$3.97 to close at US$66.65.
Our market this morning may open on calm note at the back moderate finish by offshore markets last night. The pre – open phase of market saw NGE bidders lined at 36t, while offers for CPL are at K2.75.
MOVERS
Yesterday’s risers and fallers on the market 3/02/10;
CCP: 0.57%
HIG: -15.78%
MGO: 2.08%
NBO: 0.54%
NGP: 0.58 %
KSI: -0.05%
Tuesday, February 2, 2010
POMSoX UPDATE
LOCAL STOCKS
The local market has experienced a low turnover yesterday with light volumes changing hands for BSP, LGL, MGO, NBO and OSH. BSP, NBO and OSH closed lower while other stocks remain unchanged. IOC on NYSE gained 6.04 percent to close at $62.68.
Our market this morning is expected to open higher at the back of strong leads from the offshore markets as a results of positive news showing gains in consumer income and spending as well as manufacturing activities in US, Europe and Asia. CPL buyers are lined at K2.60, while offers for NGP still remain at K1.72. Our kina this morning is buying at 0.4373 and selling at 0.3959.
MOVERS
Yesterday’s risers and fallers on the market 2/02/10;
BSP: - 1.25%
NBO: - 2.63%
OSH: - 3.57%
The local market has experienced a low turnover yesterday with light volumes changing hands for BSP, LGL, MGO, NBO and OSH. BSP, NBO and OSH closed lower while other stocks remain unchanged. IOC on NYSE gained 6.04 percent to close at $62.68.
Our market this morning is expected to open higher at the back of strong leads from the offshore markets as a results of positive news showing gains in consumer income and spending as well as manufacturing activities in US, Europe and Asia. CPL buyers are lined at K2.60, while offers for NGP still remain at K1.72. Our kina this morning is buying at 0.4373 and selling at 0.3959.
MOVERS
Yesterday’s risers and fallers on the market 2/02/10;
BSP: - 1.25%
NBO: - 2.63%
OSH: - 3.57%
Monday, February 1, 2010
POMSoX UPDATE
MONDAY 1st FEBURARY 2010
LOCAL STOCKS
Domestic market had ended on a low note with all stocks remained unchanged as of last trade, meanwhile BSP and NBO gained 2.56 percent and 2.70 percent respectively to close higher. The week had a mixed leads following US unemployment and tightening measures by central banks in America, China and India, corporate default risk increased on concerns about Greece’s swelling deficit, and fiscal worries in Europe.
The market this morning may open flat on the back of weak finish from the offshore markets. The pre – phase opening of the market, has CPL bidders lined at K2.60, while offers for HIG are lined at 95t. KSI closed higher by 0.33 percent. Our kina this morning is buying aussie at 0.4430 and selling at 0.4010.
MOVERS
Yesterday’s risers and fallers on the market 1/02/10;
BSP: 2.56%
NBO: 2.70%
KSI: 0.33%
LOCAL STOCKS
Domestic market had ended on a low note with all stocks remained unchanged as of last trade, meanwhile BSP and NBO gained 2.56 percent and 2.70 percent respectively to close higher. The week had a mixed leads following US unemployment and tightening measures by central banks in America, China and India, corporate default risk increased on concerns about Greece’s swelling deficit, and fiscal worries in Europe.
The market this morning may open flat on the back of weak finish from the offshore markets. The pre – phase opening of the market, has CPL bidders lined at K2.60, while offers for HIG are lined at 95t. KSI closed higher by 0.33 percent. Our kina this morning is buying aussie at 0.4430 and selling at 0.4010.
MOVERS
Yesterday’s risers and fallers on the market 1/02/10;
BSP: 2.56%
NBO: 2.70%
KSI: 0.33%
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