LOCAL STOCKS
Wednesday saw the bourse close relatively active with reasonable volumes changing hands as BSP again finished weak, at K0.71, while NBO ended the day stronger gaining 2.63 percent to K19.50, as the others finished steady. KSi moved higher to close at 6231 points.
In commodities, gold closed lower at $1119.48 per ounce while Oil added a dollar to close overnight at $82.70 per barrel.
Today has offers available for BSP and HIG at a low K0.71 and K0.90 respectively. In currency, Kina is buying 0.4106 and selling 0.3658 today.
PNG NEWS
ALD: Allied Gold Limited with new resources unveiled for the Pigiput and Pigibo deposits, Allied Gold is approaching a 10 million ounce base from its properties in Papua New Guinea and the Solomon Islands. Currently trading at 0.31 cents aussie.
MOVERS
Wednesday’s movers on the bourse 17/03/10:
BSP: -1.38%
BSPHA: -0.57%
NBO: 2.63%
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- BSP Capital is the leading stock broker and fund manager in Papua New Guinea. This site is designed to offer open discussion and market information. Nothing on this site should be thought of as investment advice. There are risks to investing and not all risks are explained here. Always speak with an adviser before investing. www.bsp-capital.com
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