Tuesday, May 11, 2010

POMSoX UPDATE

LOCAL STOCKS

The market remained flat yesterday with KSi closing unchanged at 6477 points; as BSP registered trades at K0.68, and CPL bidders ended at a high K2.90. Overseas, saw most of the indices ending in positive territory, after news that $1 trillion plan was released to contain Europe’s debt crisis.

This morning may see the market open stronger riding on positive sentiments offshore, with shares available for NBO at K19.50, while offers for LGL remain at a low K9.50. In currency news, Kina is buying 0.4122 and selling 0.3684 aussie.

MOVERS
Nil movers on the bourse yesterday 10/05/10.