Tuesday, June 8, 2010

POMSoX UPDATE

LOCAL STOCKS

Local bourse closed quite active yesterday with reasonable volumes changing hands for BSP at K0.65, NBO lost 2.26 percent to end the day at K19.00 likewise OSH finishing marginally weaker at K13.45. KSi closed at 6431 points losing 28 points.

Overseas markets saw yet another day of negativity with US consumer credit and European concerns kept the market volatile. In commodities, gold posted $23.10 to close at $1240.80 per ounce as crude oil concluded at $71.44 per barrel.

Local market has offers available for CPL at K2.95, while NBO and OSH has sellers at a low K19.00 and K13.55 respectively. In Currency news, kina improved by 0.8 percent edging over the 0.4000 cents mark yesterday, this morning it is buying 0.4628 and selling at 0.4157 aussie.

MOVERS
Yesterday's movers on the bourse 7/06/10;
LGL: -0.12%
NBO: -2.26%
OSH: -0.73%