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%