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%