Monday, April 26, 2010

POMSoX UPDATE

MONDAY 26th APRIL 2010

LOCAL STOCKS

Nothing much happened on the market last Friday, only a few trades went through for BSP and HIG at K0.69 and K0.66 respectively. CPL lost 1.78 percent over light volumes to end at K2.75, the other decline on the day was that of OSH falling 4 percent to close the week at K13.10.

The trend generally looks steady, with buyers lining up for LGL at K8.00, and offers for CPL at a low K2.80. Kina up against the aussie stands at 0.4111 buying and selling at 0.3674 today.

MOVERS
Last week Friday’s movers on the local bourse 23/04/10;
CPL: -1.78%
HIG: -17.50%
OSH: -4.37%