POMSoX UPDATE

LOCAL STOCKS

Market was again down yesterday by 9 points to end at 6483 points. BSP also lost 1.44 percent to register trades at K0.68, likewise HIG tracking the resource sector in Aussie to close lower at K0.75. NBO finished marginally flat at K19.50 while on the LSE it closed at GBP5.36.

In company news, IOC yesterday announced that it will release financial and operating results for the first quarter of 2010, after the market closes for trading on Wednesday May 12th, 2010.

This morning has buyers for CPL lined up as high as K2.90 for CPL, while sellers are queued up at K0.68, while Kina against aussie is buying 0.4199 and selling at 0.3752 today.

MOVERS
Wednesday’s movers on the bourse 05/05/10;
BSP: -1.44%
HIG: -6.25%
NBO: 0.25%