Friday, February 26, 2010

POMSoX UPDATE

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%